MAIDSTONE (NPR) PROPERTY LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05813564

MAIDSTONE (NPR) PROPERTY LTD

Filleted Unaudited Financial Statements

31 May 2025

MAIDSTONE (NPR) PROPERTY LTD

Statement of Financial Position

31 May 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		1,300,000	1,300,000

Current assets

Debtors	5	1,584,678	1,458,290
Cash at bank and in hand		380,213	59,001
		------------	------------
		1,964,891	1,517,291

Creditors: amounts falling due within one year	6	543,868		141,476
		------------		------------
Net current assets			1,421,023	1,375,815
			------------	------------
Total assets less current liabilities			2,721,023	2,675,815

Creditors: amounts falling due after more than one year	7		606,312	636,489

Provisions

Taxation including deferred tax	141,000	141,000
	------------	------------
Net assets	1,973,711	1,898,326
	------------	------------

Capital and reserves

Called up share capital	1	1
Revaluation reserve	802,088	802,088
Profit and loss account	1,171,622	1,096,237
	------------	------------
Shareholders funds	1,973,711	1,898,326
	------------	------------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 May 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MAIDSTONE (NPR) PROPERTY LTD

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 25 August 2025 , and are signed on behalf of the board by:

H Iwanier
Director

Company registration number: 05813564

MAIDSTONE (NPR) PROPERTY LTD

Notes to the Financial Statements

Year ended 31 May 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 18 Armitage Road, Golders Green, London, NW11 8RA.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Tangible assets

	Land and buildings
	£
Cost
At 1 June 2024 and 31 May 2025	1,300,000
	------------
Depreciation
At 1 June 2024 and 31 May 2025	–
	------------
Carrying amount
At 31 May 2025	1,300,000
	------------
At 31 May 2024	1,300,000
	------------

The directors considered that the cost price of the property represents the current market value.

5. Debtors

	2025	2024
	£	£
Trade debtors	1,273	–
Other debtors	1,583,405	1,458,290
	------------	------------
	1,584,678	1,458,290
	------------	------------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	30,176	29,176
Corporation tax	56,161	35,350
Other creditors	457,531	76,950
	---------	---------
	543,868	141,476
	---------	---------

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

	2025	2024
	£	£
Bank loans and overdrafts	606,312	636,489
	---------	---------