Company Registration No. 08891757 (England and Wales)
M & J PROPERTY MANAGEMENT LTD
Unaudited accounts
for the year ended 28 February 2021
M & J PROPERTY MANAGEMENT LTD
Unaudited accounts
Contents
M & J PROPERTY MANAGEMENT LTD
Company Information
for the year ended 28 February 2021
Directors
Maureen Slade
Martin Keith Slade
Timothy Russell Slade
Company Number
08891757 (England and Wales)
Registered Office
PROJECT H LTD BEADLE HOUSE
BULL PLAIN
HERTFORD
HERTFORDSHIRE
SG14 1DT
ENGLAND
Accountants
Project H Limited Accountants
Beadle House
Bull Plain
Hertford
Hertfordshire
SG14 1DT
M & J PROPERTY MANAGEMENT LTD
Statement of financial position
as at 28 February 2021
Tangible assets
849,421
849,421
Cash at bank and in hand
82,746
9,641
Creditors: amounts falling due within one year
(297,198)
(265,154)
Net current liabilities
(172,452)
(217,513)
Total assets less current liabilities
676,969
631,908
Creditors: amounts falling due after more than one year
(607,690)
(607,690)
Called up share capital
2
2
Profit and loss account
69,277
24,216
Shareholders' funds
69,279
24,218
For the year ending 28 February 2021 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2021 and were signed on its behalf by
Maureen Slade
Director
Company Registration No. 08891757
M & J PROPERTY MANAGEMENT LTD
Notes to the Accounts
for the year ended 28 February 2021
M & J PROPERTY MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 08891757. The registered office is PROJECT H LTD BEADLE HOUSE, BULL PLAIN, HERTFORD, HERTFORDSHIRE, SG14 1DT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 28 February 2021
849,421
At 28 February 2021
849,421
At 29 February 2020
849,421
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
Trade debtors
42,000
38,000
M & J PROPERTY MANAGEMENT LTD
Notes to the Accounts
for the year ended 28 February 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
18,429
1,899
Loans from directors
269,010
260,315
During the year the directors entered into the following advances and credits with the company:
2021 2020
Mrs M Slade £268,599 £260,317
Mr T Slade £ 10,170 £ NIL
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
607,690
607,690
8
Average number of employees
During the year the average number of employees was 4 (2020: 2).
