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9700857falseproperty rental2024-08-012025-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:Director12024-08-012025-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-08-012025-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-08-012025-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-08-012025-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/2024-08-012025-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FRS1022024-08-012025-07-31http://www.companieshouse.gov.uk/2025-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-08-012025-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-08-012025-07-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 9700857






M J P Plymouth Limited


ACCOUNTS

FOR THE YEAR ENDED 31/07/2025
























Prepared By:
Frank Gartland Limited
6 Torland Road
Plymouth
PL3 5TS


ACCOUNTS
FOR THE YEAR ENDED 31/07/2025





DIRECTORS
Matthew Porter


REGISTERED OFFICE
180 Exeter Street
Plymouth
PL4 0NQ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 9700857



ACCOUNTANTS
Frank Gartland Limited
6 Torland Road
Plymouth
PL3 5TS


ACCOUNTS
FOR THEYEARENDED31/07/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/07/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets			947,255		947,255

CURRENT ASSETS
Cash at bank and in hand		8,100		5,701
		8,100		5,701
CREDITORS: Amounts falling due within one year	3	205,627		201,475
NET CURRENT LIABILITIES			(197,527)		(195,774)
TOTAL ASSETS LESS CURRENT LIABILITIES			749,728		751,481


CREDITORS: Amounts falling due after more than one year	4		578,333		591,652


PROVISIONS FOR LIABILITIES AND CHARGES	6		18,950		18,950

NET ASSETS			152,445		140,879

CAPITAL AND RESERVES

Called up share capital	7		100		100
Revaluation reserve	1c,8		80,830		80,830
Profit and loss account			71,515		59,949
SHAREHOLDERS' FUNDS			152,445		140,879

For the year ending 31/07/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 24/04/2026 and signed on their behalf by



.............................
Matthew Porter
Director





2. INVESTMENT PROPERTIES

	Investment
	Properties	Total
	£	£
Fair value
At 01/08/2024	947,255	947,255
At 31/07/2025	947,255	947,255
Investment properties were revalued at January 2017 by Stratton Creber in accordance with RICS guidelines.At the year end the Director who has extensive experience in the local property market, reviewed the valuations.In his view the values shown equate to what could be acheived in the local market given current yields and market conditions.The historical cost of the properties is £847,475 (2024 £847,475).





1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .





1b. Investment Properties
Investment properties are included in the financial statements at Fair Value in accordance with FRS102.No depreciation is provided on Investment properties.





1c. Revaluation Reserve
The company has valued Investment Properties at fair value.As the fair value adjustment is non-distributable the movement on fair value has been transferred from retained earnings to the revaluation reserve to help identify distributable reserves.In addition any deferred tax relating to the fair value adjustment initially taken to the statement of comprehensive income is also transferred from retained earnings to the revaluation reserve. (see also note8).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.





3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	2,715	1,480
Directors current account	189,112	184,144
Bank Loan	12,000	14,751
Other creditors	400	400
Accruals	1,400	700
	205,627	201,475





4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (secured) >1yr	578,333	591,652
	578,333	591,652

Included in creditors are loans of £590,333 (2024 £603,652) which are secured against the company's assets.Of these loans £530,333 (2024 £543,652 ) is repayable after 5 years.





6. PROVISIONS FOR LIABILITIES	2025	2024
	£	£
Deferred taxation	18,950	18,950
	18,950	18,950





7. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
100 Class 1 shares of £1 each	100	100
	100	100





8. REVALUATION RESERVE	2025	2024
	£	£
Revaluation reserve	80,830	80,830
	80,830	80,830





5. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	1	1