REGISTERED NUMBER: 10173033 (England and Wales)

Financial Statements for the Year Ended 31 May 2026

for

M J Green Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M J Green

REGISTERED OFFICE:

Cotswold House

Barrow Road

Shippon

Abingdon

Oxfordshire

OX13 6JQ

REGISTERED NUMBER:

10173033 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Tangible assets

4

1,193

1,492

Investment property

5

3,743,000

3,790,000

3,744,193

3,791,492

CURRENT ASSETS

Cash at bank

204,247

95,582

CREDITORS

Amounts falling due within one year

6

34,519

45,319

NET CURRENT ASSETS

169,728

50,263

TOTAL ASSETS LESS CURRENT LIABILITIES

3,913,921

3,841,755

CREDITORS

Amounts falling due after more than one year

7

(2,417,829

)

(2,292,765

)

PROVISIONS FOR LIABILITIES

(110,815

)

(306

)

NET ASSETS

1,385,277

1,548,684

CAPITAL AND RESERVES

Called up share capital

11

11

Share premium

729,348

729,348

Revaluation reserve

9

331,761

489,348

Retained earnings

324,157

329,977

SHAREHOLDERS' FUNDS

1,385,277

1,548,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2026 and were signed by:

Mr M J Green - Director

1.	STATUTORY INFORMATION

M J Green Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. 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 Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 June 2025

and 31 May 2026

810

1,860

2,670

DEPRECIATION

At 1 June 2025

362

816

1,178

Charge for year

90

209

299

At 31 May 2026

452

1,025

1,477

NET BOOK VALUE

At 31 May 2026

358

835

1,193

At 31 May 2025

448

1,044

1,492

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

3,790,000

Revaluations

(47,000

)

At 31 May 2026

3,743,000

NET BOOK VALUE

At 31 May 2026

3,743,000

At 31 May 2025

3,790,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2026

442,348

Cost

3,300,652

3,743,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

3,300,652

3,300,652

Investment property was valued on an open market basis on 31 May 2026 by the Director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3

4,708

Taxation and social security

7,131

12,785

Other creditors

27,385

27,826

34,519

45,319

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

2,417,829

2,292,765

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,417,832

2,297,473

Bank loans in the form of buy-to-let mortgages are secured against the underlying properties financed.

9.

RESERVES

Revaluation

reserve

£

At 1 June 2025

489,348

Property revaluation

(47,000

)

Deferred tax transfer

(110,587

)

At 31 May 2026

331,761