1 April 2024 false No description of principal activity Taxfiler 2024.6 10651334business:PrivateLimitedCompanyLtd2024-04-012025-03-31 106513342024-03-31 106513342024-04-012025-03-31 10651334business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 10651334business:FilletedAccounts2024-04-012025-03-31 106513342025-03-31 10651334business:Director12024-04-012025-03-31 10651334business:Director22024-04-012025-03-31 10651334business:RegisteredOffice2024-04-012025-03-31 106513342024-03-31 10651334core:WithinOneYear2025-03-31 10651334core:WithinOneYear2024-03-31 10651334core:AfterOneYear2025-03-31 10651334core:AfterOneYear2024-03-31 10651334core:SharePremiumcore:PreviouslyStatedAmount2025-03-31 10651334core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 10651334core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 10651334core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10651334core:PreviouslyStatedAmount2025-03-31 10651334core:PreviouslyStatedAmount2024-03-31 10651334business:SmallEntities2024-04-012025-03-31 10651334countries:EnglandWales2024-04-012025-03-31 10651334core:LandBuildings2024-03-31 10651334core:LandBuildings2024-04-012025-03-31 10651334core:LandBuildings2025-03-31 106513342023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10651334 (England and Wales)
MMG PROPERTY RENTALS LTD Unaudited accounts for the year ended 31 March 2025
MMG PROPERTY RENTALS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MMG PROPERTY RENTALS LTD Company Information for the year ended 31 March 2025
Directors
Michael Goodyear Amanda Goodyear
Company Number
10651334 (England and Wales)
Registered Office
THE NOOK ACACIA ROAD BASILDON ESSEX SS13 2LU UNITED KINGDOM
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MMG PROPERTY RENTALS LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,550,000 
1,245,485 
Current assets
Debtors
5
69,174 
69,174 
Cash at bank and in hand
11,647 
50,055 
80,821 
119,229 
Creditors: amounts falling due within one year
6
(286,471)
(347,341)
Net current liabilities
(205,650)
(228,112)
Total assets less current liabilities
1,344,350 
1,017,373 
Creditors: amounts falling due after more than one year
7
(943,042)
(943,650)
Net assets
401,308 
73,723 
Capital and reserves
Share premium
100 
100 
Profit and loss account
401,208 
73,623 
Shareholders' funds
401,308 
73,723 
For the year ending 31 March 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 18 June 2025 and were signed on its behalf by
Michael Goodyear Director Company Registration No. 10651334
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MMG PROPERTY RENTALS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MMG PROPERTY RENTALS LTD is a private company, limited by shares, registered in England and Wales, registration number 10651334. The registered office is THE NOOK, ACACIA ROAD, BASILDON, ESSEX, SS13 2LU, UNITED KINGDOM.
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
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 April 2024
1,245,485 
Revaluations
304,515 
At 31 March 2025
1,550,000 
Depreciation
At 31 March 2025
- 
Net book value
At 31 March 2025
1,550,000 
At 31 March 2024
1,245,485 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
52,769 
52,769 
Amounts falling due after more than one year
Other debtors
16,405 
16,405 
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MMG PROPERTY RENTALS LTD Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
698 
698 
Loans from directors
279,373 
340,243 
Accruals
6,400 
6,400 
286,471 
347,341 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
937,631 
937,631 
Taxes and social security
5,411 
6,019 
943,042 
943,650 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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