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Registration number: 11820808

MPT Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

MPT Properties Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

MPT Properties Limited

Company Information

Directors | M Lytton C Chrisostomou

Registered office | 590 Green Lanes Palmers Green London N13 5RY

Accountants | Thomas Alexander & Company Limited 590 Green Lanes Palmers Green London N13 5RY

MPT Properties Limited

(Registration number: 11820808)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Current assets |  |  |
Debtors | 4 | - | 73,383
Cash at bank and in hand |  | 143,215 | 302,980
|  | 143,215 | 376,363
Creditors: Amounts falling due within one year | 5 | (143,115) | (170,790)
Net assets |  | 100 | 205,573
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Retained earnings |  | - | 205,473
Shareholders' funds |  | 100 | 205,573

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 March 2026 and signed on its behalf by:

......................................... M Lytton Director

MPT Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
590 Green Lanes
Palmers Green
London
N13 5RY

These financial statements were authorised for issue by the Board on 16 March 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.

Revenue recognition

Turnover represents amounts derived from rents charged to tenants during the period and is recognised at the date the rental period occurred. This is stated after discounts and other sales taxes.

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.

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.

MPT Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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 debtors

Trade debtors represents amounts due from tenants in respect of rents for the occupation of land and property.
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.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4 | Debtors

Current | Note | 2026 £ | 2025 £
Amounts owed by related parties | 8 | - | 73,383
|  | - | 73,383

MPT Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Amounts due to related parties | 8 | 26,716 | -
Other creditors |  | 103,069 | 111,969
Accruals |  | 5,146 | 51,973
Corporation tax liability |  | 8,184 | 6,848
|  | 143,115 | 170,790

6 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

7 | Dividends

|  | 2026 |  | 2025
|  | £ |  | £
Interim dividend of £2,401.99 (2025 - £Nil) per ordinary share |  | 240,199 |  | -

8 | Related party transactions

Included in creditors is an amount of £26,716 (2025: -£73,383) owed to Floral Place Investments Ltd, a company which holds a 50% interest in the company. Included in other creditors is an amount of £103,069 (2025: £111,969) owed to C Chrisostomou, the director of the company.