Moulin Rouge Properties Limited

Registered number

05722635

Filleted Accounts

28 February 2026

Moulin Rouge Properties Limited
Registered number:		05722635
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,206,004			1,206,004

Current assets
Cash at bank and in hand		1,153			10,447

Creditors: amounts falling due within one year	4	(5,255)			(3,456)

Net current (liabilities)/assets			(4,102)			6,991

Total assets less current liabilities			1,201,902			1,212,995

Creditors: amounts falling due after more than one year	5		(858,622)			(852,366)



Net assets			343,280			360,629

Capital and reserves
Called up share capital			300			300
Profit and loss account			342,980			360,329

Shareholders' funds			343,280			360,629

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr K Patel
Director
Approved by the board on 14 October 2026

Moulin Rouge Properties Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	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 is recognised at the fair value of the consideration received or receivable for rent and services provided in the normal course of business.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	15% reducing balance

	Investment property
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

	Impairment of fixed assets
	At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
	Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
	If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
	Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company (including directors)			2		2


3	Tangible fixed assets
		Investment Properties		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 March 2025	1,206,004		7,707		1,213,711
	At 28 February 2026	1,206,004		7,707		1,213,711

	Depreciation
	At 1 March 2025	-		7,707		7,707
	At 28 February 2026	-		7,707		7,707

	Net book value
	At 28 February 2026	1,206,004		-		1,206,004
	At 28 February 2025	1,206,004		-		1,206,004
	The Investment properties have been stated at fair value on an open market value basis by reference to market evidence of transaction prices for similar properties.


4	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			3,069		3,069
	Other creditors			2,186		387
				5,255		3,456


5	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			9,476		12,620
	Other borrowings			849,146		839,746
				858,622		852,366

	Other borrowings are loans that are secured on the properties owned by the company.

6	Other information

	Moulin Rouge Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	58 High Street
	Pinner
	Middlesex
	HA5 5PZ