Measure Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11557379 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

7 SEPTEMBER 2018 TO 30 SEPTEMBER 2019

FOR

MEASURE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Z Gregory

P Gregory

REGISTERED OFFICE:

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

REGISTERED NUMBER:

11557379 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Investment property

3

530,070

CURRENT ASSETS

Debtors

4

2,800

Cash at bank

458

3,258

CREDITORS

Amounts falling due within one year

5

327,185

NET CURRENT LIABILITIES

(323,927

)

TOTAL ASSETS LESS CURRENT LIABILITIES

206,143

CREDITORS

Amounts falling due after more than one year

6

215,050

NET LIABILITIES

(8,907

)

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

(8,909

)

SHAREHOLDERS' FUNDS

(8,907

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

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

The financial statements were approved by the Board of Directors on 13 March 2020 and were signed on its behalf by:

P Gregory - Director

1.	STATUTORY INFORMATION

Measure Properties Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Income

Income represents invoiced rental income.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

530,070

At 30 September 2019

530,070

NET BOOK VALUE

At 30 September 2019

530,070

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

2,800

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

327,185

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

215,050

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

215,050

7.	SECURED DEBTS

A fixed charge including a negative pledge is held over the flat 703 Amelia House.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 were issued during the period for cash of £ 2 .

9.

RESERVES

Retained

earnings

£

Deficit for the period

(8,909

)

At 30 September 2019

(8,909

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed P Gregory £142,559 and Mrs Z Gregory £181,127.

11.	ULTIMATE CONTROLLING PARTY