2024-11-01 2025-10-31 false Capium Accounts Production 1.1 11685417 2024-11-01 2025-10-31 11685417 bus:FullAccounts 2024-11-01 2025-10-31 11685417 bus:FRS102 2024-11-01 2025-10-31 11685417 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 11685417 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11685417 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11685417 2024-11-01 2025-10-31 11685417 2025-10-31 11685417 bus:RegisteredOffice 2024-11-01 2025-10-31 11685417 core:WithinOneYear 2025-10-31 11685417 core:AfterOneYear 2025-10-31 11685417 1 2024-11-01 2025-10-31 11685417 bus:Director1 2024-11-01 2025-10-31 11685417 bus:Director1 2025-10-31 11685417 bus:Director1 2023-11-01 2024-10-31 11685417 2023-11-01 11685417 bus:LeadAgentIfApplicable 2024-11-01 2025-10-31 11685417 2023-11-01 2024-10-31 11685417 2024-10-31 11685417 core:WithinOneYear 2024-10-31 11685417 core:AfterOneYear 2024-10-31 11685417 bus:EntityAccountantsOrAuditors 2023-11-01 2024-10-31 11685417 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 11685417 bus:OrdinaryShareClass1 2025-10-31 11685417 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 11685417 bus:OrdinaryShareClass1 2024-10-31 11685417 core:InvestmentProperties 2024-11-01 2025-10-31 11685417 core:InvestmentProperties 2025-10-31 11685417 core:InvestmentProperties 2024-10-31 11685417 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-10-31 11685417 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-10-31 11685417 core:CostValuation core:Non-currentFinancialInstruments 2025-10-31 11685417 core:CostValuation core:Non-currentFinancialInstruments 2024-10-31 11685417 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-10-31 11685417 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-10-31 11685417 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-10-31 11685417 core:Non-currentFinancialInstruments 2025-10-31 11685417 core:Non-currentFinancialInstruments 2024-10-31 11685417 core:ShareCapital 2025-10-31 11685417 core:ShareCapital 2024-10-31 11685417 core:RetainedEarningsAccumulatedLosses 2025-10-31 11685417 core:RetainedEarningsAccumulatedLosses 2024-10-31 11685417 core:ShareCapitalOrdinaryShares 2024-11-01 11685417 core:ShareCapitalOrdinaryShares 2023-11-01 11685417 core:ShareCapitalOrdinaryShares 2024-11-01 2025-10-31 11685417 core:ShareCapitalOrdinaryShares 2023-11-01 2024-10-31 11685417 core:ShareCapitalOrdinaryShares 2025-10-31 11685417 core:ShareCapitalOrdinaryShares 2024-10-31 11685417 core:RetainedEarningsAccumulatedLosses 2024-11-01 11685417 core:RetainedEarningsAccumulatedLosses 2023-11-01 11685417 core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 11685417 core:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 11685417 core:RetainedEarningsAccumulatedLosses 2025-10-31 11685417 core:RetainedEarningsAccumulatedLosses 2024-10-31 11685417 dpl:Item1 2024-11-01 11685417 dpl:Item1 2025-10-31 11685417 dpl:Item1 2023-11-01 11685417 dpl:Item1 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 11685417
England and Wales

 

 

 

MULAN PROPERTY SERVICES AND MANAGEMENT LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

Mulan Property Services And Management Limited
Contents Page
For the year ended 31 October 2025
Director Azeez OLANIHUN
Registered Number 11685417
Registered Office 6 Manila Avenue
Sittingbourne
Kent
ME10 5BW
Accountants Julius and Julius and Associates LLP
70, Clapton Square
Clapton Square
London
E5 8HW
1
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 31 October 2025
Principal activities
The companys principal activity during the financial year was Management of real estate and Other letting and operating of own or leased real estate activities.
Director
The director who served the company throughout the year was as follows:
Azeez OLANIHUN
Statement of director's responsibilities
The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
Azeez OLANIHUN
Director

Date approved: 20 July 2026
2
 
 		 Notes
 		 2025
£		   2024
£
Fixed assets      
Tangible fixed assets 3 225,292    229,890 
225,292    229,890 
Current assets      
Cash at bank and in hand 861    28 
Creditors: amount falling due within one year 4 (1,294)   (4,665)
Net current assets (433)   (4,637)
 
Total assets less current liabilities 224,859    225,253 
Creditors: amount falling due after more than one year 5 (229,702)   (205,924)
Net assets (4,843)   19,329 
 

Capital and reserves 		     
Called up share capital 6 100    100 
Profit and loss account (4,943)   19,229 
Shareholders' funds (4,843)   19,329 
 


For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 20 July 2026 and were signed by:


-------------------------------
Azeez OLANIHUN
Director
3
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 November 2023 100  2,404  2,504 
Profit/(Loss) for the year 16,825  16,825 
Total comprehensive income for the year -  16,825  16,825 
Total investments by and distributions to owners -  -  - 
At 31 October 2024 100  19,229  19,329 
At 01 November 2024 100  19,229  19,329 
Profit/(Loss) for the year (24,172) (24,172)
Total comprehensive income for the year -  (24,172) (24,172)
Total investments by and distributions to owners -  -  - 
At 31 October 2025 100  (4,943) (4,843)
4
General Information
Mulan Property Services And Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11685417, registration address 6 Manila Avenue, Sittingbourne, Kent, ME10 5BW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties should be recognized initially at cost less their estimated residual value, over their expected useful lives on the following basis:
The useful economic life of the investment property was not provided by the director. Based on typical economic lives of UK commercial/residential buildings (40- 60 years), a 50year life (2% straight line) has been applied. This is considered reasonable and consistent with industry practice.
To identify and allocate qualifying expenditure on fixtures & fittings and integral features within an investment property where the director did not provide a cost breakdown. We have applied a just and reasonable apportionment using industry benchmark percentages:
Fixtures & fittings: 5% of purchase price
Integral features: 10% of purchase price
These percentages are consistent with typical cost splits for residential buildings and are widely accepted by authorities.
2.

Average number of employees during the year is

Average number of employees during the year was 1 (2024 : 1).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 November 2024 237,000    237,000 
Additions -    - 
Disposals -    - 
At 31 October 2025 237,000    237,000 
Depreciation
At 01 November 2024 7,110    7,110 
Charge for year 4,598    4,598 
On disposals -    - 
At 31 October 2025 11,708    11,708 
Net book values
Closing balance as at 31 October 2025 225,292    225,292 
Opening balance as at 01 November 2024 229,890    229,890 


4.

Creditors: amount falling due within one year

2025
£		   2024
£
Corporation Tax 274    3,946 
Accrued Expenses 1,020    719 
1,294    4,665 

5.

Creditors: amount falling due after more than one year

2025
£		   2024
£
Bank Loans & Overdrafts (secured) 104,990    - 
Bank Loans & Overdrafts 8,645    15,646 
Directors' Loan Accounts 116,067    190,278 
229,702    205,924 

6.

Share Capital

Allotted, called up and fully paid
2025
£		   2024
£
100 Class A shares of £1.00 each 100    100 
100    100 

5