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MORELAND ESTATE PROPERTY MANAGEMENT (JR) LIMITED - Company Information

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Moreland Estate Property Management (JR) Limited

Registered Number:08521224

For the year ended 31 May 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 May 2023

Moreland Estate Property Management (JR) Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

08521224

As at 31 May 2023

Moreland Estate Property Management (JR) Limited

Statement of Financial Position

2022

2023

Notes

Fixed assets

Property, plant and equipment

12,223

Current assets

Trade and other receivables

31,941

28,951

59,945

Cash and cash equivalents

102,065

131,016

91,886

Trade and other payables: amounts falling due within one

year

(65,930)

(70,329)

25,956

60,687

Net current assets

Total assets less current liabilities

72,910

25,956

Trade and other payables: amounts falling due after more

than one year

(10,138)

62,772

Net assets

25,956

Capital and reserves

Called up share capital

200

Retained earnings

62,572

25,756

62,772

25,956

Shareholders' funds

For the year ended 31 May 2023 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006

The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Ms J Tamele Redway Director

These financial statements were approved and authorised for issue by the Board on 27 February 2024 and were signed by:

The notes form part of these financial statements

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For the year ended 31 May 2023

Moreland Estate Property Management (JR) Limited

Notes to the Financial Statements

Statutory Information

Moreland Estate Property Management (JR) Limited is a private limited company, limited by shares, domiciled in

England and Wales, registration number 08521224.

Registered address:

Avenfield House

118-127 Park Lane

London

W1K 7AF

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

33.333% Straight line

Computer Equipment

25% Straight line

Motor Vehicles (Right to Use)

33.333% Straight line

Furniture and Fittings

2. Property, plant and equipment

Total

Computer

Equipment

Furniture and

Fittings

Motor

Vehicles

(Right to Use)

Cost or

valuation

At 01 June 2022

3,610

3,210

400

12,223

Additions

At 31 May 2023

12,223

400

3,210

15,833

Provision for depreciation and impairment

At 01 June 2022

3,610

3,210

400

At 31 May 2023

3,610

3,210

400

At 31 May 2023

Net book value

12,223

At 31 May 2022

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For the year ended 31 May 2023

Moreland Estate Property Management (JR) Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2022

2023

Trade debtors

772

9,145

Other debtors

28,179

22,796

31,941

28,951

4. Trade and other payables: amounts falling due within one year

2022

2023

Trade creditors

4,576

2,481

Taxation and social security

36,559

43,019

Other creditors

29,194

20,430

70,329

65,930

5. Trade and other payables: amounts falling due after more than one year

2022

2023

Other creditors

10,138

6. Guarantees and other financial commitments

Other financial commitments

Commitments under a corporate contract purchase

At 31 May 2023, the company had annual commitments under a non-cancellable corporate contract purchase as set

out below:

2023 2022

£ £

Within 1 year 4,376 0

Within 2 to 5 years 13,130 0

After more than 5 years 0 0

---------- --------

17,506 0

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7. Average number of persons employed

During the year the average number of employees was 3 (2022 : 4)

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