| REGISTERED NUMBER: |
| M L ESTATES LIMITED |
| Unaudited Financial Statements For The Year Ended 31 December 2025 |
| REGISTERED NUMBER: |
| M L ESTATES LIMITED |
| Unaudited Financial Statements For The Year Ended 31 December 2025 |
| M L ESTATES LIMITED (REGISTERED NUMBER: 05821144) |
| Contents of the Financial Statements |
| For The Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Report of the Accountants | 7 |
| M L ESTATES LIMITED |
| Company Information |
| For The Year Ended 31 December 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountant |
| 18 Norham Road |
| Whitley Bay |
| Tyne and Wear |
| NE26 2SD |
| M L ESTATES LIMITED (REGISTERED NUMBER: 05821144) |
| Balance Sheet |
| 31 December 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| M L ESTATES LIMITED (REGISTERED NUMBER: 05821144) |
| Balance Sheet - continued |
| 31 December 2025 |
| The financial statements were approved by the director and authorised for issue on |
| M L ESTATES LIMITED (REGISTERED NUMBER: 05821144) |
| Notes to the Financial Statements |
| For The Year Ended 31 December 2025 |
| 1. | STATUTORY INFORMATION |
| M L ESTATES LIMITED is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Significant judgements |
| Other than the judgement made over the goodwill policy there were no judgements made that were significant enough to warrant disclosure. |
| Turnover |
| Turnover is stated net of value added tax and represents the total receivable by the company as commission on property sales and for managing and letting of properties. The revenue is recognised on the raising of a sales invoice at the exchange of contracts stage of a property sale; on completion of a tenancy agreement; or monthly when managing tenancies (no adjustment is made for managing tenancies fees remaining uncharged for a part of the month). |
| Goodwill |
| Goodwill that was purchased in 2006 is being amortised evenly over its estimated useful life of twenty years. The Director is aware that this policy does not fall in-line with recommended accounting standards. In carrying out an impairment review the Director deemed that the carrying value is accurate. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Significant estimates |
| There were no estimates made that were significant enough to warrant disclosure. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| M L ESTATES LIMITED (REGISTERED NUMBER: 05821144) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 December 2025 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 January 2025 |
| and 31 December 2025 |
| AMORTISATION |
| At 1 January 2025 |
| Charge for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2025 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Other debtors relate to prepayments and loan due to be repaid to business. |
| M L ESTATES LIMITED (REGISTERED NUMBER: 05821144) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 December 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Included in other creditors are amounts owed to the Director, this year she was owed £20,514 (£37,014 - 2024). |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| Included in other creditors are amounts owed to the Director, this year she was owed £30,000 (£30,000 - 2024). |
| 9. | FINANCIAL INSTRUMENTS |
| Debtors are shown at their impaired value (i.e. less doubtful debts) and trade creditors are at their carrying value. |
| 10. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 380 | 475 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2025 |
| Provided during year | ( |
) |
| Balance at 31 December 2025 |
| 11. | RELATED PARTY DISCLOSURES |
| No transactions with related parties were undertaken that required disclosure under FRS 102 section 1A small entities. |
| M L ESTATES LIMITED |
| Report of the Accountants to the Director of |
| M L ESTATES LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2025 set out on pages three to eight and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Certified Accountant |
| 18 Norham Road |
| Whitley Bay |
| Tyne and Wear |
| NE26 2SD |