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Company Registration No. 14424587 (England and Wales)
Michael Monaghan Properties Ltd Unaudited accounts for the year ended 31 October 2025
Michael Monaghan Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Michael Monaghan Properties Ltd Company Information for the year ended 31 October 2025
Directors
Angela Stella Monaghan Mark Denis Monaghan
Company Number
14424587 (England and Wales)
Registered Office
2 Abbotshall Avenue London N14 7JX England
Accountants
Quantum Accounting & Finance Ltd 77 Hood Avenue Southgate London N14 4QJ
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Michael Monaghan Properties Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
252,000 
252,000 
Current assets
Cash at bank and in hand
15,056 
13,427 
Creditors: amounts falling due within one year
5
(261,887)
(261,724)
Net current liabilities
(246,831)
(248,297)
Net assets
5,169 
3,703 
Capital and reserves
Called up share capital
500 
500 
Profit and loss account
4,669 
3,203 
Shareholders' funds
5,169 
3,703 
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by
Angela Stella Monaghan Director Company Registration No. 14424587
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Michael Monaghan Properties Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Michael Monaghan Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14424587. The registered office is 2 Abbotshall Avenue, London, N14 7JX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Properties are to be revalued each year to fair value in accordance with FRS 102.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2024
252,000 
At 31 October 2025
252,000 
Depreciation
At 31 October 2025
- 
Net book value
At 31 October 2025
252,000 
At 31 October 2024
252,000 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
393 
730 
Loans from directors
255,500 
255,500 
Accruals
5,000 
4,500 
Deferred income
994 
994 
261,887 
261,724 
6
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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