Moorstone Propco Limited 10741789 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is is that of the buying and selling of own real estate, other letting and operating of own or leased real estate Digita Accounts Production Advanced 6.30.9574.0 true true 10741789 2024-11-01 2025-10-31 10741789 2025-10-31 10741789 bus:OrdinaryShareClass1 2025-10-31 10741789 core:CurrentFinancialInstruments 2025-10-31 10741789 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 10741789 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 10741789 core:FurnitureFittings 2025-10-31 10741789 bus:SmallEntities 2024-11-01 2025-10-31 10741789 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 10741789 bus:FilletedAccounts 2024-11-01 2025-10-31 10741789 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10741789 bus:RegisteredOffice 2024-11-01 2025-10-31 10741789 bus:Director1 2024-11-01 2025-10-31 10741789 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 10741789 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10741789 core:FurnitureFittings 2024-11-01 2025-10-31 10741789 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 10741789 countries:AllCountries 2024-11-01 2025-10-31 10741789 2024-10-31 10741789 core:FurnitureFittings 2024-10-31 10741789 2023-11-01 2024-10-31 10741789 2024-10-31 10741789 bus:OrdinaryShareClass1 2024-10-31 10741789 core:CurrentFinancialInstruments 2024-10-31 10741789 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 10741789 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 10741789 core:FurnitureFittings 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10741789

Moorstone Propco Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Moorstone Propco Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Moorstone Propco Limited

Company Information

Director | Mr Daniel Corker

Registered office | Moorstone Cottage Over Road Baslow Bakewell Derbyshire DE45 1PL

Accountants | Thorntons Accountants Limited Chartered Certified Accountants 213 Derbyshire Lane Norton Lees Sheffield South Yorkshire S8 8SA

Moorstone Propco Limited

(Registration number: 10741789)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 30 | 40
Investment property | 5 | 727,966 | 727,966
|  | 727,996 | 728,006
Current assets |  |  |
Debtors | 6 | 564,568 | 538,102
Investments | 7 | 1 | 1
Cash at bank and in hand |  | 577 | 3,953
|  | 565,146 | 542,056
Creditors: Amounts falling due within one year | 8 | (200,814) | (86,268)
Net current assets |  | 364,332 | 455,788
Total assets less current liabilities |  | 1,092,328 | 1,183,794
Creditors: Amounts falling due after more than one year | 8 | - | (300,102)
Provisions for liabilities |  | (31,297) | (31,302)
Net assets |  | 1,061,031 | 852,390
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 1,060,931 | 852,290
Shareholders' funds |  | 1,061,031 | 852,390

For the financial 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.

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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

Moorstone Propco Limited

(Registration number: 10741789)
Balance Sheet as at 31 October 2025

Approved and authorised by the director on 12 February 2026

......................................... Mr Daniel Corker Director

Moorstone Propco Limited

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

1 | General information

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

The address of its registered office is:
Moorstone Cottage
Over Road
Baslow
Bakewell
Derbyshire
DE45 1PL
England

These financial statements were authorised for issue by the director on 12 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred 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.

Moorstone Propco Limited

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

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.

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
Chattels | 10% Straight Line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Moorstone Propco Limited

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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).

Moorstone Propco Limited

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

4 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
At 1 November 2024 | 100 | 100
At 31 October 2025 | 100 | 100
Depreciation
At 1 November 2024 | 60 | 60
Charge for the year | 10 | 10
At 31 October 2025 | 70 | 70
Carrying amount
At 31 October 2025 | 30 | 30
At 31 October 2024 | 40 | 40

5 | Investment properties

| 2025 £
At 1 November | 727,966
At 31 October | 727,966

There has been no valuation of investment property by an independent valuer.

6 | Debtors

| Note | 2025 £ | 2024 £
Amounts owed by related parties |  | 12,149 | 109,649
Other debtors |  | 552,419 | 428,453
|  | 564,568 | 538,102

7 | Current asset investments

| 2025 £ | 2024 £
Shares in group undertakings | 1 | 1

Moorstone Propco Limited

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

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | - | 30,000
Taxation and social security |  | 21,185 | 13,451
Accruals and deferred income |  | 630 | 5,818
Other creditors |  | 178,999 | 36,999
|  | 200,814 | 86,268

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | - | 300,102

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100