IRIS Accounts Production v25.4.0.155 03536988 Board of Directors 1.4.24 31.3.25 31.3.25 true false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03536988 2024-03-31 03536988 2025-03-31 03536988 2024-04-01 2025-03-31 03536988 2023-03-31 03536988 2023-04-01 2024-03-31 03536988 2024-03-31 03536988 ns15:EnglandWales 2024-04-01 2025-03-31 03536988 ns14:PoundSterling 2024-04-01 2025-03-31 03536988 ns10:Director1 2024-04-01 2025-03-31 03536988 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03536988 ns10:SmallEntities 2024-04-01 2025-03-31 03536988 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03536988 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03536988 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03536988 ns10:FullAccounts 2024-04-01 2025-03-31 03536988 ns10:Director2 2024-04-01 2025-03-31 03536988 ns10:CompanySecretary1 2024-04-01 2025-03-31 03536988 ns10:RegisteredOffice 2024-04-01 2025-03-31 03536988 ns5:CurrentFinancialInstruments 2025-03-31 03536988 ns5:CurrentFinancialInstruments 2024-03-31 03536988 ns5:ShareCapital 2025-03-31 03536988 ns5:ShareCapital 2024-03-31 03536988 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 03536988 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 03536988 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03536988 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03536988 ns5:FurnitureFittings 2024-04-01 2025-03-31 03536988 ns5:FurnitureFittings 2024-03-31 03536988 ns5:FurnitureFittings 2025-03-31 03536988 ns5:FurnitureFittings 2024-03-31 03536988 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03536988 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 03536988 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31

REGISTERED NUMBER: 03536988 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Moorhead Properties Limited |

| Moorhead Properties Limited (Registered number: 03536988) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Moorhead Properties Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | K H Moorhead

| Mrs W Moorhead

| SECRETARY: | Mrs W Moorhead

| REGISTERED OFFICE: | The Mills

| Canal Street

| Derby

| Derbyshire

| DE1 2RJ

| REGISTERED NUMBER: | 03536988 (England and Wales)

| ACCOUNTANTS: | Bates Weston LLP

| Chartered Accountants

| The Mills

| Canal Street

| Derby

| DE1 2RJ

| Moorhead Properties Limited (Registered number: 03536988) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 412 |  | 549 |  |

Investment property | 5 | 1,400,000 |  | 1,400,000 |  |

1,400,412 |  | 1,400,549 |  |

CURRENT ASSETS

Debtors | 6 | 28,727 |  | 29,270 |  |

Cash at bank and in hand | 407,256 |  | 287,592 |  |

435,983 |  | 316,862 |  |

CREDITORS

Amounts falling due within one year | 7 | 119,711 |  | 108,752 |  |

NET CURRENT ASSETS | 316,272 |  | 208,110 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,716,684 |  | 1,608,659 |  |

CAPITAL AND RESERVES

Called up share capital | 700 |  | 700 |  |

Fair value reserve | 8 | 557,661 |  | 557,661 |  |

Retained earnings | 8 | 1,158,323 |  | 1,050,298 |  |

SHAREHOLDERS' FUNDS | 1,716,684 |  | 1,608,659 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| Moorhead Properties Limited (Registered number: 03536988) |

Balance Sheet - continued

31 March 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

Mrs W Moorhead - Director

| Moorhead Properties Limited (Registered number: 03536988) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Moorhead Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover represents net invoiced rent receivable, excluding value added tax. Turnover is recognised in the period to which it relates.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Investment property

| Investment property is not depreciated but is revalued annually at its fair value in accordance with Section 1A "Small Entities' of Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value are taken to the profit and loss account and transferred to a fair value reserve.

| Deferred taxation

| Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

| A deferred tax asset is recognised only when it is more likely than not that there will be suitable taxable profits from which the future reversal of underlying timing differences and losses can be deducted.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

| Moorhead Properties Limited (Registered number: 03536988) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 712 |  |

| DEPRECIATION

| At 1 April 2024 | 163 |  |

| Charge for year | 137 |  |

| At 31 March 2025 | 300 |  |

| NET BOOK VALUE

| At 31 March 2025 | 412 |  |

| At 31 March 2024 | 549 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 1,400,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,400,000 |  |

| At 31 March 2024 | 1,400,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2025 | 1,400,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 842,339 |  | 842,339 |  |

| Aggregate depreciation | (269,550 | ) | (252,703 | ) |

| Investment property was valued on a fair value basis on 31 March 2025 by the directors .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 28,727 |  | 29,270 |  |

| Moorhead Properties Limited (Registered number: 03536988) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 137 |  | 207 |  |

| Tax | 33,271 |  | - |  |

| Social security and other taxes | 6,832 |  | 7,134 |  |

| Directors' current account | 40,497 |  | 62,757 |  |

| Accruals and deferred income | 38,974 |  | 38,654 |  |

119,711 |  | 108,752 |  |

8. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 April 2024 | 1,050,298 |  | 557,661 |  | 1,607,959 |  |

| Profit for the year | 108,025 |  | 108,025 |  |

| At 31 March 2025 | 1,158,323 |  | 557,661 |  | 1,715,984 |  |