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

REGISTERED NUMBER: 05031913 (England and Wales)

Unaudited Financial Statements for the Year Ended 29th February 2020

for

Moore Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K M Andrews

Miss H E Andrews

Mr P L Andrews

SECRETARY:

Mr K M Andrews

REGISTERED OFFICE:

Adelphi Chambers

30 Hoghton Street

Southport

Merseyside

PR9 0NZ

REGISTERED NUMBER:

05031913 (England and Wales)

ACCOUNTANTS:

Hadley & Co

Chartered Accountants

Adelphi Chambers

30 Hoghton Street

Southport

PR9 0NZ

FIXED ASSETS

Investment property

4

192,860

192,860

CURRENT ASSETS

Debtors

5

1,549

625

Cash at bank

49,450

43,233

50,999

43,858

CREDITORS

Amounts falling due within one year

6

212,775

204,672

NET CURRENT LIABILITIES

(161,776

)

(160,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,084

32,046

CAPITAL AND RESERVES

Called up share capital

7

900

900

Revaluation reserve

8

30,050

30,050

Retained earnings

8

134

1,096

SHAREHOLDERS' FUNDS

31,084

32,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2020 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 and authorised for issue on 27th January 2021 and were signed on its behalf by:

Mr K M Andrews - Director

Mr P L Andrews - Director

1.	STATUTORY INFORMATION

Moore 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the net sales value of services provided

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 year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st March 2019

and 29th February 2020

192,860

NET BOOK VALUE

At 29th February 2020

192,860

At 28th February 2019

192,860

Fair value at 29th February 2020 is represented by:

£

Valuation in 2017

30,050

Cost

162,810

192,860

5.

DEBTORS

29.2.20

28.2.19

£

£

Amounts falling due within one year:

Trade debtors

924

-

Amounts falling due after more than one year:

Rental Deposit Scheme

625

625

Aggregate amounts

1,549

625

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.20

28.2.19

£

£

Corporation Tax

1,112

1,060

Rent in Advance

295

295

Rental Deposits

625

625

Directors' current accounts

210,096

202,070

Accruals

647

622

212,775

204,672

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.2.20

28.2.19

value:

£

£

900

Ordinary

£1

900

900

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1st March 2019

1,096

30,050

31,146

Profit for the year

4,738

4,738

Dividends

(5,700

)

(5,700

)

At 29th February 2020

134

30,050

30,184

9.	ULTIMATE CONTROLLING PARTY

During the year the company was under the control of the directors.