Company Registration No. 10472930 (England and Wales)
Manton Property Ltd
Unaudited accounts
for the period from 1 December 2022 to 31 March 2024
Manton Property Ltd
Unaudited accounts
Contents
Manton Property Ltd
Company Information
for the period from 1 December 2022 to 31 March 2024
Director
Alexander James Mackay
Company Number
10472930 (England and Wales)
Registered Office
3-4 Faulknor Square
Charnham Street
HUNGERFORD
BERKSHIRE
RG17 0ER
ENGLAND
Accountants
Asset Accounting (Swindon) Ltd
Second Floor
11-12 Market Place
Faringdon
Oxfordshire
SN7 7HP
Manton Property Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
46,670
6,427
Cash at bank and in hand
122,809
300,848
Creditors: amounts falling due within one year
(85,965)
(376,402)
Net current assets
74,246
121,096
Total assets less current liabilities
120,916
127,523
Creditors: amounts falling due after more than one year
(86,416)
(44,608)
Called up share capital
100
100
Profit and loss account
34,400
82,815
Shareholders' funds
34,500
82,915
For the period ending 31 March 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 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 19 November 2024 and were signed on its behalf by
Alexander James Mackay
Director
Company Registration No. 10472930
Manton Property Ltd
Notes to the Accounts
for the period from 1 December 2022 to 31 March 2024
Manton Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 10472930. The registered office is 3-4 Faulknor Square, Charnham Street, HUNGERFORD, BERKSHIRE, RG17 0ER, 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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The Tax expense for the period comprises of current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% SL
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Manton Property Ltd
Notes to the Accounts
for the period from 1 December 2022 to 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
342
22,857
1,865
7,069
32,133
Additions
-
49,863
1,249
-
51,112
At 31 March 2024
342
72,720
3,114
7,069
83,245
At 1 December 2022
237
20,900
1,865
2,704
25,706
Charge for the period
105
8,083
104
2,577
10,869
At 31 March 2024
342
28,983
1,969
5,281
36,575
At 31 March 2024
-
43,737
1,145
1,788
46,670
At 30 November 2022
105
1,957
-
4,365
6,427
Amounts falling due within one year
Trade debtors
29,614
196,650
Accrued income and prepayments
7,788
-
6
Creditors: amounts falling due within one year
2024
2022
Trade creditors
17,079
107,931
Amounts owed to group undertakings and other participating interests
18,681
-
Taxes and social security
16,251
32,735
Other creditors
2,124
72,039
Loans from directors
26,321
9,786
7
Creditors: amounts falling due after more than one year
2024
2022
Obligations under finance leases and hire purchase contracts
48,162
-
8
Average number of employees
During the period the average number of employees was 2 (2022: 2).