REGISTERED NUMBER: 11630856 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

M & O Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Middleton

E J O'Shea

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

REGISTERED NUMBER:

11630856 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Investment property

4

6,590,000

6,046,854

CURRENT ASSETS

Debtors

5

71,612

123,001

Cash at bank

233,738

686,641

305,350

809,642

CREDITORS

Amounts falling due within one year

6

(763,734

)

(1,130,052

)

NET CURRENT LIABILITIES

(458,384

)

(320,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,131,616

5,726,444

PROVISIONS FOR LIABILITIES

(96,654

)

(68,438

)

NET ASSETS

6,034,962

5,658,006

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

177,555

124,092

Retained earnings

5,857,207

5,533,714

SHAREHOLDERS' FUNDS

6,034,962

5,658,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by:

E J O'Shea - Director

1.	STATUTORY INFORMATION

M & O Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at the most recent valuation which is calculated with references to current market rents, investment yields and recent selling prices for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

6,046,854

Additions

461,467

Revaluations

81,679

At 31 December 2025

6,590,000

NET BOOK VALUE

At 31 December 2025

6,590,000

At 31 December 2024

6,046,854

Valuations of investment property have been made by the directors, on an open market value for existing use basis.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

44,696

114,764

Other debtors

26,916

8,237

71,612

123,001

Other debtors includes prepayments and accrued income of £11,337 (2024 - £8,237).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

13,221

3,591

Taxation and social security

30,132

41,434

Other creditors

720,381

1,085,027

763,734

1,130,052

Other creditors includes accruals and deferred income of £110,800 (2024 - £76,115).

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

J L Middleton

Balance outstanding at start of year

-

-

Amounts advanced

8,092

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,092

-

E J O'Shea

Balance outstanding at start of year

-

-

Amounts advanced

7,487

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,487

-

The loans were interest free and repayable on demand.

8.	RELATED PARTY DISCLOSURES

At the year end the company owed £600,000 (2024 - £596,404) to a company controlled by the directors.