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REGISTERED NUMBER: 04254828 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Maker Property Investments Ltd

Maker Property Investments Ltd (Registered number: 04254828)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maker Property Investments Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr S Maker





REGISTERED OFFICE: c/o Harrison North
Adam House, 7-10 Adam Street
London
WC2N 6AA





REGISTERED NUMBER: 04254828 (England and Wales)





ACCOUNTANTS: Harrison North
Adam House, 7-10 Adam Street
London
WC2N 6AA

Maker Property Investments Ltd (Registered number: 04254828)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,890 3,779
Investment property 5 10,925,000 10,850,000
10,926,890 10,853,779

CURRENT ASSETS
Debtors 6 24,561 23,794
Cash at bank 272,404 1,872,579
296,965 1,896,373
CREDITORS
Amounts falling due within one year 7 566,632 651,592
NET CURRENT (LIABILITIES)/ASSETS (269,667 ) 1,244,781
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,657,223

12,098,560

CREDITORS
Amounts falling due after more than
one year

8

(5,546,934

)

(6,767,198

)

PROVISIONS FOR LIABILITIES (579,978 ) (675,826 )
NET ASSETS 4,530,311 4,655,536

Maker Property Investments Ltd (Registered number: 04254828)

Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,530,310 4,655,535
4,530,311 4,655,536

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 26 June 2025 and were signed by:





Mr S Maker - Director


Maker Property Investments Ltd (Registered number: 04254828)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Maker Property Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.


Maker Property Investments Ltd (Registered number: 04254828)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued
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 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 5,669
DEPRECIATION
At 1 April 2024 1,890
Charge for year 1,889
At 31 March 2025 3,779
NET BOOK VALUE
At 31 March 2025 1,890
At 31 March 2024 3,779

Maker Property Investments Ltd (Registered number: 04254828)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 10,850,000
Additions 458,391
Revaluations (383,391 )
At 31 March 2025 10,925,000
NET BOOK VALUE
At 31 March 2025 10,925,000
At 31 March 2024 10,850,000

The land and buildings freehold and leasehold properties have been revalued during the year by the director. The historic cost of properties is £8,382,936 (2024 - £7,924,545).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.25 31.3.24
£    £   
Other debtors 24,561 23,794

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 78,634 191,939
Other creditors 487,998 459,653
566,632 651,592

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 2,214,560 3,114,260
Other creditors 3,332,374 3,652,938
5,546,934 6,767,198

Maker Property Investments Ltd (Registered number: 04254828)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

During the year the company repaid a loan of £900,000 to Handelsbanken.

A further loan of £1,700,000 (2024 £1,700,000) due to Handlesbanken was outstanding at the year end. This 5 year interest only loan with interest charged at 2.15% above the fixed rate is secured by the first legal charge over the properties of the company.

During the previous year the company took out a new loan with The State Bank of India of £514,560. This is a 20 year loan charged at a fixed rate of 6.25% for 5 years at The State Bank of India (UK) Limited's standard rate for the remainder of the term.

9. RELATED PARTY DISCLOSURES

As at the year end the company owed the director Mr S Maker £3,645,714 (2024-£3,864,472). No interest is charged on the director's loan balance.

10. CONTROLLING PARTY

The ultimate controlling party is Mr S Maker.