BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity is that of property letting and selling. 12 November 2025 2 2 NI693229 2025-03-31 NI693229 2023-12-31 NI693229 2022-12-31 NI693229 2024-01-01 2025-03-31 NI693229 2023-01-01 2023-12-31 NI693229 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 NI693229 uk-curr:PoundSterling 2024-01-01 2025-03-31 NI693229 uk-bus:AbridgedAccounts 2024-01-01 2025-03-31 NI693229 uk-core:ShareCapital 2025-03-31 NI693229 uk-core:ShareCapital 2023-12-31 NI693229 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI693229 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI693229 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI693229 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI693229 uk-bus:FRS102 2024-01-01 2025-03-31 NI693229 uk-core:ParentEntities 2024-01-01 2025-03-31 NI693229 2024-01-01 2025-03-31 NI693229 uk-bus:Director1 2024-01-01 2025-03-31 NI693229 uk-bus:Director2 2024-01-01 2025-03-31 NI693229 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI693229
 
 
MML Property Ltd
 
Abridged Unaudited Financial Statements
 
for the financial period ended 31 March 2025
MML Property Ltd
Company Registration Number: NI693229
ABRIDGED BALANCE SHEET
as at 31 March 2025

Mar 25 Dec 23
Notes £ £
 
Fixed Assets
Tangible assets 5 348,730 286,557
───────── ─────────
 
Current Assets
Cash and cash equivalents 19,687 24,981
Creditors: amounts falling due within one year (365,237) (310,285)
───────── ─────────
Net Current Liabilities (345,550) (285,304)
───────── ─────────
Total Assets less Current Liabilities 3,180 1,253
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 3,080 1,153
───────── ─────────
Equity attributable to owners of the company 3,180 1,253
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
           
Approved by the Board and authorised for issue on 12 November 2025 and signed on its behalf by
           
           
           
________________________________     ________________________________
Mr. Mark McLaughlin     Mrs. Maria McLaughlin
Director     Director
           



MML Property Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial period ended 31 March 2025

   
1. General Information
 
MML Property Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI693229. The registered office of the company is 140a Gortlenaghan Road, Dungannon, Co. Tyrone, BT70 3BP, Northern Ireland which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 15 month period ended 31 March 2025.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial period was 2, (Dec 23 - 2).
 
  Mar 25 Dec 23
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
5. Tangible assets
  Investment Total
  properties  
     
  £ £
Cost
At 1 January 2024 286,557 286,557
Additions 62,173 62,173
  ───────── ─────────
At 31 March 2025 348,730 348,730
  ───────── ─────────
Depreciation
At 1 January 2024 - -
  ───────── ─────────
At 31 March 2025 - -
  ───────── ─────────
Net book value
At 31 March 2025 348,730 348,730
  ═════════ ═════════
At 31 December 2023 286,557 286,557
  ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial period-ended 31 March 2025.
   
7. Parent company
 
The company regards MML Corporate Holdings Ltd as its parent company.
 
   
8. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial period-end.