Mortehoe Properties Limited 02311842 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is is that of holding property for investment purposes. Digita Accounts Production Advanced 6.30.9574.0 true 02311842 2025-01-01 2025-12-31 02311842 2025-12-31 02311842 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-12-31 02311842 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 02311842 core:FurnitureFittingsToolsEquipment 2025-12-31 02311842 bus:SmallEntities 2025-01-01 2025-12-31 02311842 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02311842 bus:FilletedAccounts 2025-01-01 2025-12-31 02311842 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02311842 bus:RegisteredOffice 2025-01-01 2025-12-31 02311842 bus:CompanySecretary1 2025-01-01 2025-12-31 02311842 bus:Director1 2025-01-01 2025-12-31 02311842 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-01-01 2025-12-31 02311842 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02311842 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 02311842 core:OfficeEquipment 2025-01-01 2025-12-31 02311842 countries:EnglandWales 2025-01-01 2025-12-31 02311842 2024-12-31 02311842 core:FurnitureFittingsToolsEquipment 2024-12-31 02311842 2024-01-01 2024-12-31 02311842 2024-12-31 02311842 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-12-31 02311842 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 02311842 core:FurnitureFittingsToolsEquipment 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02311842

Mortehoe Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Mortehoe Properties Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Mortehoe Properties Limited

Company Information

Director | M Cundey

Company secretary | Mrs L Cundey

Registered office | Cullinghurst Hartfield Road Cowden Kent England TN8 7DZ

Mortehoe Properties Limited

(Registration number: 02311842)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,777 | 624
Investment property | 5 | 6,875,000 | 6,875,000
|  | 6,876,777 | 6,875,624
Current assets |  |  |
Cash at bank and in hand |  | 18,153 | 26,965
Creditors: Amounts falling due within one year | 6 | (1,336,748) | (1,518,723)
Net current liabilities |  | (1,318,595) | (1,491,758)
Total assets less current liabilities |  | 5,558,182 | 5,383,866
Provisions for liabilities |  | (428,743) | (428,743)
Net assets |  | 5,129,439 | 4,955,123
Capital and reserves |  |  |
Called up share capital | 7 | 1,000 | 1,000
Retained earnings |  | 5,128,439 | 4,954,123
Shareholders' funds |  | 5,129,439 | 4,955,123

Mortehoe Properties Limited

(Registration number: 02311842)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 February 2026

......................................... M Cundey Director

Mortehoe Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cullinghurst
Hartfield Road
Cowden
Kent
TN8 7DZ
England

These financial statements were authorised for issue by the director on 6 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investment properties

In accordance with FRS 102 section 16, properties held for long term investment are included in the Balance Sheet at fair value. The surpluses or deficits on such properties are recognised on the Income Statement. Depreciation is not provided in respect of such freehold properties.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Mortehoe Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% reducing balance per annum

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Mortehoe Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 January 2025 | 9,228 | 9,228
Additions | 2,131 | 2,131
Disposals | (1,218) | (1,218)
At 31 December 2025 | 10,141 | 10,141
Depreciation
At 1 January 2025 | 8,604 | 8,604
Charge for the year | 593 | 593
Eliminated on disposal | (833) | (833)
At 31 December 2025 | 8,364 | 8,364
Carrying amount
At 31 December 2025 | 1,777 | 1,777
At 31 December 2024 | 624 | 624

5 | Investment properties

| 2025 £
At 1 January | 6,875,000
At 31 December | 6,875,000

The fair value of the company's investment properties was revalued on 31 December 2025 by the director making use of external data including current trends.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £4,074,332 (2024 - £4,074,332).

Mortehoe Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 57,528 | 59,856
Accruals and deferred income | 2,442 | 2,442
Other creditors | 1,276,778 | 1,456,425
| 1,336,748 | 1,518,723

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,000 | 1,000 | 1,000 | 1,000