Caseware UK (AP4) 2023.0.135 2023.0.135 falsetrueletting and operating of real estate.The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-0100true 08169456 2023-01-01 2023-12-31 08169456 2023-12-31 08169456 2022-01-01 2022-12-31 08169456 2022-12-31 08169456 c:Director3 2023-01-01 2023-12-31 08169456 d:FreeholdInvestmentProperty 2023-12-31 08169456 d:FreeholdInvestmentProperty 2022-12-31 08169456 d:CurrentFinancialInstruments 2023-12-31 08169456 d:CurrentFinancialInstruments 2022-12-31 08169456 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08169456 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08169456 d:ShareCapital 2023-12-31 08169456 d:ShareCapital 2022-12-31 08169456 d:OtherMiscellaneousReserve 2023-12-31 08169456 d:OtherMiscellaneousReserve 2022-12-31 08169456 d:RetainedEarningsAccumulatedLosses 2023-12-31 08169456 d:RetainedEarningsAccumulatedLosses 2022-12-31 08169456 c:OrdinaryShareClass1 2023-01-01 2023-12-31 08169456 c:OrdinaryShareClass1 2023-12-31 08169456 c:OrdinaryShareClass1 2022-12-31 08169456 c:FRS102 2023-01-01 2023-12-31 08169456 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08169456 c:FullAccounts 2023-01-01 2023-12-31 08169456 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08169456













Manor Close Investments Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Manor Close Investments Limited


Balance sheet
At 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
850,000
850,000

  
850,000
850,000

Current assets
  

Cash at bank and in hand
  
262
960

  
262
960

Creditors: amounts falling due within one year
 5 
(206,847)
(254,221)

Net current liabilities
  
 
 
(206,585)
 
 
(253,261)

Total assets less current liabilities
  
643,415
596,739

Deferred tax
  
39,000
39,000

Net assets
  
604,415
557,739


Capital and reserves
  

Called up share capital 
 6 
1
1

Revaluation reserve
  
283,643
283,643

Profit and loss account
  
320,771
274,095

Shareholders' funds
  
604,415
557,739


1

 
Manor Close Investments Limited

    
Balance sheet (continued)
At 31 December 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 September 2024.




S J Pickup
Director

Company registered number: 08169456
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Manor Close Investments Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

1.


General information

Manor Close Investments Limited is a private company limited by shares incorporated and domiciled in England and Wales. The registered office is 26 Ellerbeck Court, Stokesley, Middlesbrough, England, TS9 5PT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Turnover

Rent received is recognised excluding VAT on a straight-line basis over the terms of the individual leases.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

  
2.4

Investment Property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

3

 
Manor Close Investments Limited
 

 
Notes to the financial statements
Year ended 31 December 2023

2.Accounting policies (continued)

 
2.5

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The company has no employees other than the directors, who did not receive any remuneration.


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
850,000



At 31 December 2023
850,000

The 2023 valuations were made by the directors, on an open market value for existing use basis.






5.


Creditors: amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
194,235
243,643

Corporation tax
12,612
10,578

206,847
254,221


4

 
Manor Close Investments Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



7.


Parent company

This company is a subsidiary of Carlton Investments (Holdings) Limited by virtue of it holding all share capital.
The ultimate controlling entity is Carlton Energy Limited. 
The registered address of Carlton Energy Limited is 26 Ellerbeck Court, Stokesly, Middlesbrough, England, TS9 5PT.

 
5