1 June 2023 false No description of principal activity Taxfiler 2024.6 11918816business:PrivateLimitedCompanyLtd2023-06-012024-05-31 119188162023-05-31 119188162023-06-012024-05-31 11918816business:AuditExemptWithAccountantsReport2023-06-012024-05-31 11918816business:FilletedAccounts2023-06-012024-05-31 119188162024-05-31 11918816business:Director12023-06-012024-05-31 11918816business:Director22023-06-012024-05-31 11918816business:RegisteredOffice2023-06-012024-05-31 119188162023-05-31 11918816core:WithinOneYear2024-05-31 11918816core:WithinOneYear2023-05-31 11918816core:AfterOneYear2024-05-31 11918816core:AfterOneYear2023-05-31 11918816core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 11918816core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 11918816core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-05-31 11918816core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-05-31 11918816core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 11918816core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 11918816core:PreviouslyStatedAmount2024-05-31 11918816core:PreviouslyStatedAmount2023-05-31 11918816business:SmallEntities2023-06-012024-05-31 11918816countries:EnglandWales2023-06-012024-05-31 119188162022-05-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11918816 (England and Wales)
Manna Properties & Developments Limited Unaudited accounts for the year ended 31 May 2024
Manna Properties & Developments Limited Unaudited accounts Contents
Page
- 2 -
Manna Properties & Developments Limited Company Information for the year ended 31 May 2024
Directors
Herman Stewart Donna Stewart
Company Number
11918816 (England and Wales)
Registered Office
C/O Peer Accountants Trigate, Hagley Road West Birmingham B68 0NP England
- 3 -
Manna Properties & Developments Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
- 
2 
Fixed assets
Investment property
190,000 
190,000 
Current assets
Debtors
947 
2,770 
Cash at bank and in hand
681 
- 
1,628 
2,770 
Creditors: amounts falling due within one year
(61,167)
(63,221)
Net current liabilities
(59,539)
(60,451)
Total assets less current liabilities
130,461 
129,551 
Creditors: amounts falling due after more than one year
(133,529)
(133,529)
Net liabilities
(3,068)
(3,978)
Capital and reserves
Called up share capital
2 
2 
Fair value reserve
3,500 
3,500 
Profit and loss account
(6,570)
(7,480)
Shareholders' funds
(3,068)
(3,978)
For the year ending 31 May 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 28 March 2025 and were signed on its behalf by
Herman Stewart Director Company Registration No. 11918816
- 4 -
Manna Properties & Developments Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Manna Properties & Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 11918816. The registered office is C/O Peer Accountants, Trigate, Hagley Road West, Birmingham, B68 0NP, 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.
3
Accounting policies
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.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts due in respect of rent on investment property.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
190,000 
At 31 May 2024
190,000 
At the end of the year, the director has evaluated the investment property's fair value to be £190,000 based on market conditions and experience.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
947 
2,770 
- 5 -
Manna Properties & Developments Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,284 
- 
Other creditors
3,677 
1,926 
Loans from directors
55,806 
60,011 
Accruals
400 
1,284 
61,167 
63,221 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
133,529 
133,529 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -