Company Registration No. 12709732 (England and Wales)
MQM PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 July 2025
MQM PROPERTIES LIMITED
Unaudited accounts
Contents
MQM PROPERTIES LIMITED
Company Information
for the year ended 31 July 2025
Directors
Anil Mair
Anita Mair
Company Number
12709732 (England and Wales)
Registered Office
Morritt House
54-60 Station Approach
South Ruislip
HA4 6SA
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
MQM PROPERTIES LIMITED
Statement of financial position
as at 31 July 2025
Investment property
829,894
829,894
Cash at bank and in hand
23,543
12,344
Creditors: amounts falling due within one year
(335,146)
(333,841)
Net current liabilities
(310,272)
(320,696)
Total assets less current liabilities
519,622
509,198
Creditors: amounts falling due after more than one year
(523,177)
(523,218)
Net liabilities
(3,555)
(14,020)
Called up share capital
300
300
Profit and loss account
(3,855)
(14,320)
Shareholders' funds
(3,555)
(14,020)
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 24 April 2026 and were signed on its behalf by
Anil Mair
Director
Company Registration No. 12709732
MQM PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2025
MQM PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12709732. The registered office is Morritt House, 54-60 Station Approach, South Ruislip, HA4 6SA, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
MQM PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2025
The director is assessing, on a daily basis, the impact of the significant uncertainty arising. Whilst the director appreciates there is a significant uncertainty surrounding the future economic climate, the company is well placed to address these impacts. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.
Fair value at 1 August 2024
829,894
Amounts falling due within one year
Accrued income and prepayments
1,331
801
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
333,769
332,349
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
523,177
523,218
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).