My Property Greece Limited Filleted accounts for Companies House (small and micro)

MY PROPERTY GREECE LIMITED - Company Information

1 false false false false false false false false false true false false false false false false No description of principal activity 2021-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 06194898 2021-04-01 2022-03-31 06194898 2022-03-31 06194898 2020-04-01 2021-03-31 06194898 2021-03-31 06194898 bus:LeadAgentIfApplicable 2021-04-01 2022-03-31 06194898 bus:Director1 2021-04-01 2022-03-31 06194898 core:WithinOneYear 2022-03-31 06194898 core:WithinOneYear 2021-03-31 06194898 core:ShareCapital 2022-03-31 06194898 core:ShareCapital 2021-03-31 06194898 core:RetainedEarningsAccumulatedLosses 2022-03-31 06194898 core:RetainedEarningsAccumulatedLosses 2021-03-31 06194898 bus:SmallEntities 2021-04-01 2022-03-31 06194898 bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 06194898 bus:AbridgedAccounts 2021-04-01 2022-03-31 06194898 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 06194898 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31

COMPANY REGISTRATION NUMBER: 06194898

My Property Greece Limited

Filleted Unaudited Abridged Financial Statements

31 March 2022

My Property Greece Limited

Abridged Financial Statements

Year ended 31 March 2022

Contents	Page

Chartered accountants report to the director on the preparation of the unaudited statutory abridged financial statements	1

Abridged statement of financial position	2

Notes to the abridged financial statements	4

My Property Greece Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of My Property Greece Limited

Year ended 31 March 2022

As described on the abridged statement of financial position, the director of the company is responsible for the preparation of the abridged financial statements for the year ended 31 March 2022, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HARPER SHELDON LIMITED Chartered Accountants

Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ

22 December 2022

My Property Greece Limited

Abridged Statement of Financial Position

31 March 2022

	2022	2021
Note	£	£

Current assets

Debtors	4,467	13,861
Cash at bank and in hand	150	422
	-------	--------
	4,617	14,283

Creditors: amounts falling due within one year	6,701	12,803
	-------	--------
Net current (liabilities)/assets	( 2,084)	1,480
	-------	-------
Total assets less current liabilities	( 2,084)	1,480
	-------	-------
Net (liabilities)/assets	( 2,084)	1,480
	-------	-------

Capital and reserves

Called up share capital	1,200	1,200
Profit and loss account	( 3,284)	280
	-------	-------
Shareholders (deficit)/funds	( 2,084)	1,480
	-------	-------

These abridged 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 abridged statement of income and retained earnings has not been delivered.

For the year ending 31 March 2022 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 abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

My Property Greece Limited

Abridged Statement of Financial Position (continued)

31 March 2022

These abridged financial statements were approved by the board of directors and authorised for issue on 22 December 2022 , and are signed on behalf of the board by:

Mr S Philippidis
Director

Company registration number: 06194898

My Property Greece Limited

Notes to the Abridged Financial Statements

Year ended 31 March 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Midway House, Herrick Way, Staverton Technology Park, Staverton, Cheltenham, GL51 6TQ.

2. Statement of compliance

These abridged 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 abridged 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 abridged 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. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2021: 1 ).

5. Director's advances, credits and guarantees

There were no material transactions with Directors during the year that were not concluded under normal market conditions.