REGISTERED NUMBER: 10296760 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

MHR Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M H Revitt

K Moore

REGISTERED OFFICE:

9 Nook End

Sheffield

S6 6AR

REGISTERED NUMBER:

10296760 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

474

383

CURRENT ASSETS

Stocks

369,841

352,155

Debtors

5

595

611

Cash at bank

2,567

2,860

373,003

355,626

CREDITORS

Amounts falling due within one year

6

(324,111

)

(273,934

)

NET CURRENT ASSETS

48,892

81,692

TOTAL ASSETS LESS CURRENT LIABILITIES

49,366

82,075

CREDITORS

Amounts falling due after more than one year

7

(30,198

)

(38,363

)

NET ASSETS

19,168

43,712

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

9

19,164

43,708

SHAREHOLDERS' FUNDS

19,168

43,712

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2026 and were signed on its behalf by:

K Moore - Director

1.	STATUTORY INFORMATION

MHR 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.

Turnover

Turnover is represented by the sale of properties constructed, property renovations and developments.

Tangible fixed assets

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

Computer equipment

-

50% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2024

2,252

Additions

949

At 31 July 2025

3,201

DEPRECIATION

At 1 August 2024

1,869

Charge for year

858

At 31 July 2025

2,727

NET BOOK VALUE

At 31 July 2025

474

At 31 July 2024

383

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

VAT

300

329

Prepayments

295

282

595

611

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

100,000

100,000

Tax

-

1,921

Other creditors

44,261

44,261

Directors' current accounts

174,772

124,374

Accrued expenses

5,078

3,378

324,111

273,934

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

30,198

38,363

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

4

Ordinary

1

4

4

9.

RESERVES

Retained

earnings

£

At 1 August 2024

43,708

Deficit for the year

(24,544

)

At 31 July 2025

19,164

10.	ULTIMATE CONTROLLING PARTY

The two Directors are the Ultimate Controlling Parties.