Company Registration No. 12777534 (England and Wales)
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD
Unaudited accounts
for the year ended 31 July 2025
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD
Unaudited accounts
Contents
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD
Company Information
for the year ended 31 July 2025
Directors
Matthew David James
Thomas Henry James
Company Number
12777534 (England and Wales)
Registered Office
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD
Statement of financial position
as at 31 July 2025
Investment property
278,984
278,984
Cash at bank and in hand
2,750
31,998
Creditors: amounts falling due within one year
(77,569)
(77,820)
Net current liabilities
(74,115)
(44,345)
Total assets less current liabilities
204,869
234,639
Creditors: amounts falling due after more than one year
(176,599)
(209,213)
Provisions for liabilities
Deferred tax
(5,811)
(5,811)
Called up share capital
100
100
Revaluation reserve
24,747
24,747
Fair value reserve
(10,194)
(10,194)
Profit and loss account
7,806
4,962
Shareholders' funds
22,459
19,615
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 April 2026 and were signed on its behalf by
Matthew David James
Director
Company Registration No. 12777534
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD
Notes to the Accounts
for the year ended 31 July 2025
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD is a private company, limited by shares, registered in England and Wales, registration number 12777534. The registered office is Southgate Office Village, Block E, 286-A Chase Road, Southgate, London, N14 6HF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
Fair value at 1 August 2024
278,984
Amounts falling due within one year
Accrued income and prepayments
204
167
M & T PROPERTY DEVELOPMENT (HEREFORD) LTD
Notes to the Accounts
for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
75,770
75,770
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
106,614
106,614
Loans from directors
69,985
102,599
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
At the balance sheet date, where the directors held controlling interests, the company owed the directors £69,985.
The controlling party is that of the directors as they hold all of the issued share capital of the company.
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).