Company Registration No. 10007744 (England and Wales)
Manorgate Group Limited
Unaudited accounts
for the year ended 29 February 2024
Manorgate Group Limited
Unaudited accounts
Contents
Manorgate Group Limited
Company Information
for the year ended 29 February 2024
Directors
Mark Rickard
Darren Surman
Company Number
10007744 (England and Wales)
Registered Office
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
United Kingdom
Accountants
Andrew Donaldson
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
Manorgate Group Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
8,126
5,019
Creditors: amounts falling due within one year
(52,442)
(22,672)
Net current assets
953,100
932,956
Net assets
953,120
932,976
Called up share capital
30
30
Profit and loss account
953,090
932,946
Shareholders' funds
953,120
932,976
For the year ending 29 February 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 1 November 2024 and were signed on its behalf by
Darren Surman
Director
Company Registration No. 10007744
Manorgate Group Limited
Notes to the Accounts
for the year ended 29 February 2024
Manorgate Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10007744. The registered office is 17 Lake Walk, Adderbury, Banbury, Oxon, OX17 3PF, United Kingdom.
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.
Exemption from preparing consolidated accounts
The company is exempt from preparing consolidated accounts as it is the holding company of a 'small' group.
Investments in shares are included at cost.
4
Investments
Subsidiary undertakings
Valuation at 1 March 2023
20
Valuation at 29 February 2024
20
The company owns 100% of the issued share capital of Manorgate Five Limited. For the year ended 29 February 2024 its loss was £102,247 and net liabilities at that date were £283,400.
The company owns 100% of Manorgate Construction Limited which was incorporated during the year.
Manorgate Homes (Atwood) Limited was dissolved during the year.
Amounts falling due within one year
Amounts due from group undertakings etc.
997,416
950,609
Manorgate Group Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
-
426
Loans from directors
51,912
21,716
Allotted, called up and fully paid:
30 Ordinary shares of £1 each
30
30
8
Transactions with related parties
Subsidiary company:
Debtors contains £997,416 (2023 : £950,609) due from this company. This loan is interest free and is repayable on demand.
During the year the company charged management fees of £31,807 (2023 - £19,534) to this subsidiary.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).