MSN Property Investment Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08791188

MSN Property Investment Limited

Filleted Unaudited Financial Statements

For the year ended

30 November 2025

MSN Property Investment Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,503,161	1,479,719

Current assets

Debtors	6	10,758	2,305
Cash at bank and in hand		1,154	8,614
		--------	--------
		11,912	10,919

Creditors: amounts falling due within one year	7	642,944		550,445
		---------		---------
Net current liabilities			631,032	539,526
			------------	------------
Total assets less current liabilities			872,129	940,193

Creditors: amounts falling due after more than one year	8		523,228	614,281

Provisions

Taxation including deferred tax	65,711	61,255
	---------	---------
Net assets	283,190	264,657
	---------	---------

MSN Property Investment Limited

Statement of Financial Position (continued)

30 November 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	1	1
Revaluation reserve	287,253	263,811
Profit and loss account	( 4,064)	845
	---------	---------
Shareholders funds	283,190	264,657
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 June 2026 , and are signed on behalf of the board by:

M Hayes
Director

Company registration number: 08791188

MSN Property Investment Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Barrington House, Leake Road, Costock, Loughborough, Leicestershire, LE12 6XA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	25% straight line

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 December 2024	1,479,719	3,767	1,483,486
Revaluations	23,442	–	23,442
	------------	-------	------------
At 30 November 2025	1,503,161	3,767	1,506,928
	------------	-------	------------
Depreciation
At 1 December 2024 and 30 November 2025	–	3,767	3,767
	------------	-------	------------
Carrying amount
At 30 November 2025	1,503,161	–	1,503,161
	------------	-------	------------
At 30 November 2024	1,479,719	–	1,479,719
	------------	-------	------------

Investment properties are revalued annually by the directors.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Freehold property
	£
At 30 November 2025
Aggregate cost	1,157,325
Aggregate depreciation	(120,352)
	------------
Carrying value	1,036,973
	------------

At 30 November 2024
Aggregate cost	1,157,325
Aggregate depreciation	(101,016)
	------------
Carrying value	1,056,309
	------------

6. Debtors

	2025	2024
	£	£
Other debtors	10,758	2,305
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,500	107,723
Trade creditors	13,675	17,076
Social security and other taxes	166	887
Other creditors	621,603	424,759
	---------	---------
	642,944	550,445
	---------	---------

Bank loans are secured on assets to which they relate.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	523,228	614,281
	---------	---------

Bank loans are secured on assets to which they relate.