MERGOLD PROPERTIES LTD

MERGOLD PROPERTIES LTD

MERGOLD PROPERTIES LTD - Company Information

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MERGOLD PROPERTIES LTD

Company Registration Number:
NI040199 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2021

Period of accounts

Start date: 01 July 2020

End date: 30 June 2021

MERGOLD PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 30 June 2021

Balance sheet
Notes

MERGOLD PROPERTIES LTD

Balance sheet

As at 30 June 2021


Notes
2021
2020


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 387,511 387,511
Investments:   0 0
Total fixed assets: 387,511 387,511
Current assets
Stocks: 0 0
Debtors:   13,271 13,271
Cash at bank and in hand: 25,570 29,957
Investments:   99,000 99,000
Total current assets: 137,841 142,228
Creditors: amounts falling due within one year:   (119,179) (147,695)
Net current assets (liabilities): 18,662 (5,467)
Total assets less current liabilities: 406,173 382,044
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 406,173 382,044
Capital and reserves
Called up share capital: 4 4
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 406,169 382,040
Shareholders funds: 406,173 382,044

The notes form part of these financial statements

MERGOLD PROPERTIES LTD

Balance sheet statements

For the year ending 30 June 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 March 2022
and signed on behalf of the board by:

Name: NEVILLE ROBERT McCLEMENTS
Status: Director

The notes form part of these financial statements

MERGOLD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

MERGOLD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

2. Employees

2021 2020
Average number of employees during the period 0 0

MERGOLD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

3. Tangible Assets

Total
Cost £
At 01 July 2020 387,511
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2021 387,511
Depreciation
At 01 July 2020 0
Charge for year 0
On disposals 0
Other adjustments 0
At 30 June 2021 0
Net book value
At 30 June 2021 387,511
At 30 June 2020 387,511

MERGOLD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

4. Related party transactions

Throughout the period the company let a freehold property at 32 East Bridge Street, Enniskillen to itsdirectors. The annual rental charge was £30,000, which fairly represents full arm's length value.