Mandy Tobin Homes Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07741652

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		220,000		220,000

			220,000		220,000
CURRENT ASSETS
Cash at bank and in hand		17,052		38,665

		17,052		38,665
Creditors: Amounts Falling Due Within One Year	5	(148,852 )		(177,005 )

NET CURRENT ASSETS (LIABILITIES)			(131,800 )		(138,340 )

TOTAL ASSETS LESS CURRENT LIABILITIES			88,200		81,660

PROVISIONS FOR LIABILITIES
Deferred Taxation	6		(8,273 )		(8,273 )

NET ASSETS			79,927		73,387

CAPITAL AND RESERVES
Called up share capital	7		100		100
Other reserves			43,542		43,542
Profit and Loss Account			36,285		29,745

SHAREHOLDERS' FUNDS			79,927		73,387

Page 1

Page 2

Mandy Tobin Homes Ltd

Balance Sheet (continued)

As At 31 August 2024

For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Anthony Attwood

Director

22 May 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mandy Tobin Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07741652 . The registered office is 9 Home Farm Close, Great Oakley, Northamptonshire, NN18 8HQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Investment Properties

Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.

Investment properties shall be included in the balance sheet at their market value, as determined by the company director.

3. Average Number of Employees

The average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 September 2023	220,000

As at 31 August 2024	220,000

Net Book Value
As at 31 August 2024	220,000

As at 1 September 2023	220,000

The historical cost value of the investment property is £176,458 (2023: £176,458).

Cost or valuation as at 31 August 2024 represented by:

	Investment Properties
	£
At cost	220,000

	220,000

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Mandy Tobin Homes Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2024

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	-	793
Corporation tax	1,534	1,526
Accruals and deferred income	794	793
Director's loan account	146,524	173,893

	148,852	177,005

6. Deferred Taxation

The provision for deferred taxation is made up of unrealised capital gains.

	2024	2023
	£	£
Other timing differences	8,273	8,273

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Reserves

Other reserves are non-distributable reserves and represent the accumulated revaluation surplus on the investment property. The revaluation surplus has been transferred to a non-distributable other reserve in order to ensure that the profit and loss account reserve recognises only distributable profits.