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REGISTERED NUMBER: 12513255 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Manx Pets Ltd

Manx Pets Ltd (Registered number: 12513255)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Manx Pets Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Miss A Ellis





REGISTERED OFFICE: Unit 1 (Unit B)
4 Cherry Lane
Anfield
Merseyside
L4 6UG





REGISTERED NUMBER: 12513255 (England and Wales)





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

Manx Pets Ltd (Registered number: 12513255)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,244,389 391,703

CURRENT ASSETS
Debtors 5 4,000 18,000
Cash at bank 7,130 7,305
11,130 25,305
CREDITORS
Amounts falling due within one year 6 503,886 174,590
NET CURRENT LIABILITIES (492,756 ) (149,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

751,633

242,418

CREDITORS
Amounts falling due after more than one
year

7

696,736

214,845
NET ASSETS 54,897 27,573

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 54,896 27,572
SHAREHOLDERS' FUNDS 54,897 27,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Manx Pets Ltd (Registered number: 12513255)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





Miss A Ellis - Director


Manx Pets Ltd (Registered number: 12513255)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Manx Pets Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2023 391,703
Additions 852,686
At 31 March 2024 1,244,389
NET BOOK VALUE
At 31 March 2024 1,244,389
At 31 March 2023 391,703

Manx Pets Ltd (Registered number: 12513255)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 4,000 -
Other debtors - 18,000
4,000 18,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 35,481 22,991
Taxation and social security 13,151 6,556
Other creditors 455,254 145,043
503,886 174,590

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 696,736 214,845

8. RELATED PARTY DISCLOSURES

Manx Pets Ltd and National Digital Ltd have a director in common, during the year, unsecured loans were made between the companies, interest free and payable on demand.

Loans from related parties 2024 2023
£ £
At start of period 140,005 140,005
Movement 230,456 -
At end of period 370,461 140,005

During the year, there was also provision of services between the two companies, all trade activities were at an arm's length basis.

Income and receivables from related parties 2024 2023
£ £
Receipt of services 56,500 24,000
Amounts receivable from related party 4,000 18,000