M.B.PROPERTIES LIMITED

M.B.PROPERTIES LIMITED

M.B.PROPERTIES LIMITED - Company Information

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M.B.PROPERTIES LIMITED

Company Registration Number:
00499968 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2018

Period of accounts

Start date: 01 August 2017

End date: 31 July 2018

M.B.PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2018

Balance sheet
Notes

M.B.PROPERTIES LIMITED

Balance sheet

As at 31 July 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 2,435,244 2,435,342
Total fixed assets: 2,435,244 2,435,342
Current assets
Debtors:   8,809 8,071
Cash at bank and in hand: 279,117 177,875
Total current assets: 287,926 185,946
Creditors: amounts falling due within one year:   (210,965) (139,034)
Net current assets (liabilities): 76,961 46,912
Total assets less current liabilities: 2,512,205 2,482,254
Provision for liabilities: (111,531) (111,531)
Total net assets (liabilities): 2,400,674 2,370,723
Capital and reserves
Called up share capital: 94 94
Revaluation reserve:4975,473975,473
Other reserves: 194,347 194,347
Profit and loss account: 1,230,760 1,200,809
Shareholders funds: 2,400,674 2,370,723

The notes form part of these financial statements

M.B.PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 July 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 April 2019
and signed on behalf of the board by:

Name: MR I H DAVIS
Status: Director

The notes form part of these financial statements

M.B.PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

M.B.PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

2. Employees

2018 2017
Average number of employees during the period 2 2

M.B.PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

3. Tangible Assets

Total
Cost £
At 01 August 2017 2,442,203
At 31 July 2018 2,442,203
Depreciation
At 01 August 2017 6,861
Charge for year 98
At 31 July 2018 6,959
Net book value
At 31 July 2018 2,435,244
At 31 July 2017 2,435,342

M.B.PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

4. Revaluation reserve

2018
£
Balance at 01 August 2017 975,473
Surplus or deficit after revaluation 0
Balance at 31 July 2018 975,473