COMPANY REGISTRATION NUMBER:
0743552
Mosdor Estate Agencies Limited
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Filleted Financial Statements
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Mosdor Estate Agencies Limited
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Statement of Financial Position
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31 March 2022
Current assets
Debtors
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4
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24,162
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23,618
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Cash at bank and in hand
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268,608
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203,978
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---------
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---------
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292,770
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227,596
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Creditors: amounts falling due within one year
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5
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207,645
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142,471
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---------
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---------
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Net current assets
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85,125
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85,125
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--------
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Total assets less current liabilities
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85,125
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85,125
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--------
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--------
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Capital and reserves
Called up share capital
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100
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100
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Profit and loss account
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85,025
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85,025
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--------
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--------
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Shareholders funds
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85,125
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85,125
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--------
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--------
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
29 March 2023
, and are signed on behalf of the board by:
Company registration number:
0743552
Mosdor Estate Agencies Limited
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Notes to the Financial Statements
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Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 ODH.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Debtors
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2022
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2021
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£
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£
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Amounts owed by related undertakings
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23,619
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23,618
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Other debtors
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543
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–
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24,162
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23,618
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--------
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5.
Creditors:
amounts falling due within one year
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2022
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2021
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£
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£
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Amounts owed to related undertakings
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203,505
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129,349
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Other creditors
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4,140
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13,122
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207,645
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142,471
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6.
Summary audit opinion
The auditor's report for the year dated
29 March 2023
was
unqualified
.
The senior statutory auditor was
Dr P.P.Smulovitch
, for and on behalf of
GK & Co. LLP
.
7.
Related party transactions
Amounts owed by and due to related companies are disclosed separately in the debtors and creditors notes to the accounts.