ACCOUNTS - Final Accounts preparation

ML GROUP HOLDINGS LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2018-04-302018-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2017-06-01 10839357 2017-05-31 10839357 2017-06-01 2018-04-30 10839357 2018-04-30 10839357 c:Director1 2017-06-01 2018-04-30 10839357 c:Director1 2018-04-30 10839357 c:Director2 2017-06-01 2018-04-30 10839357 c:Director2 2018-04-30 10839357 c:Director3 2017-06-01 2018-04-30 10839357 c:Director3 2018-04-30 10839357 c:Director4 2017-06-01 2018-04-30 10839357 c:Director4 2018-04-30 10839357 c:RegisteredOffice 2017-06-01 2018-04-30 10839357 d:FreeholdInvestmentProperty 2017-06-01 2018-04-30 10839357 d:FreeholdInvestmentProperty 2018-04-30 10839357 d:CurrentFinancialInstruments 2018-04-30 10839357 d:Non-currentFinancialInstruments 2018-04-30 10839357 d:CurrentFinancialInstruments d:WithinOneYear 2018-04-30 10839357 d:ShareCapital 2018-04-30 10839357 d:RetainedEarningsAccumulatedLosses 2018-04-30 10839357 c:FRS102 2017-06-01 2018-04-30 10839357 c:AuditExempt-NoAccountantsReport 2017-06-01 2018-04-30 10839357 c:FullAccounts 2017-06-01 2018-04-30 10839357 c:PrivateLimitedCompanyLtd 2017-06-01 2018-04-30 iso4217:GBP xbrli:pure

Company registration number: 10839357

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 30 APRIL 2018

	ML GROUP HOLDINGS LIMITED


ML GROUP HOLDINGS LIMITED

COMPANY INFORMATION

Directors	I A Green (appointed 20 December 2017)
	S R Green (appointed 28 June 2017)
	A Green (appointed 20 December 2017)
	M Poole (appointed 28 June 2017)


Registered number	10839357


Registered office	Unit 2
	Thruxton Industrial Estate Thruxton Airport
	Thruxton
	Andover
	Hampshire
	SP11 8PW


ML GROUP HOLDINGS LIMITED

CONTENTS

	Page
Balance Sheet	1
Notes to the Financial Statements	2 - 3


ML GROUP HOLDINGS LIMITED REGISTERED NUMBER:10839357

BALANCE SHEET

AS AT 30 APRIL 2018

		2018
Note		£

Fixed assets
Investments			75
Investment property			374,141
			374,216

Creditors: amounts falling due within one year	6	(377,999)
Net current (liabilities)/assets			(377,999)
Total assets less current liabilities			(3,783)

Net (liabilities)/assets			(3,783)

Capital and reserves
Called up share capital			75
Profit and loss account			(3,858)
			(3,783)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 October 2018.

S R Green

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


ML GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2018

1.	General information

ML Group Holdings Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Employees

The average monthly number of employees, including directors, during the period was 4.

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	75
	At 30 April 2018	75

	Net book value
	At 30 April 2018	75

Page 2


ML GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2018

5.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	374,141
	At 30 April 2018	374,141

The 2018 valuations were made by the directors, on an open market value for existing use basis.

6.	Creditors: Amounts falling due within one year
		2018
		£

	Loans	370,000
	Amounts owed to group undertakings	4,905
	Accruals and deferred income	3,094
		377,999

Page 3