Company Registration No. 12498131 (England and Wales)
MK PROPERTIES (SUNDERLAND) LTD
Unaudited accounts
for the year ended 31 March 2022
MK PROPERTIES (SUNDERLAND) LTD
Unaudited accounts
Contents
MK PROPERTIES (SUNDERLAND) LTD
Company Information
for the year ended 31 March 2022
Company Number
12498131 (England and Wales)
Registered Office
43 WARWICK STREET
SUNDERLAND
SR5 1DL
ENGLAND
MK PROPERTIES (SUNDERLAND) LTD
Statement of financial position
as at
31 March 2022
Tangible assets
784,900
204,900
Cash at bank and in hand
19,239
30,052
Creditors: amounts falling due within one year
(456,849)
(222,839)
Net current liabilities
(437,610)
(192,787)
Total assets less current liabilities
347,290
12,113
Creditors: amounts falling due after more than one year
(419,422)
-
Net (liabilities)/assets
(72,132)
12,113
Called up share capital
100
100
Profit and loss account
(72,232)
12,013
Shareholders' funds
(72,132)
12,113
For the year ending 31 March 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 May 2022 and were signed on its behalf by
Mykal King
Director
Company Registration No. 12498131
MK PROPERTIES (SUNDERLAND) LTD
Notes to the Accounts
for the year ended 31 March 2022
MK PROPERTIES (SUNDERLAND) LTD is a private company, limited by shares, registered in England and Wales, registration number 12498131. The registered office is 43 WARWICK STREET, SUNDERLAND, SR5 1DL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
108,963
108,963
Taxes and social security
-
2,818
Loans from directors
306,433
111,058
6
Creditors: amounts falling due after more than one year
2022
2021
MK PROPERTIES (SUNDERLAND) LTD
Notes to the Accounts
for the year ended 31 March 2022
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).