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REGISTERED NUMBER: 05367912 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Made Easy Ltd

Made Easy Ltd (Registered number: 05367912)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Made Easy Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: J W Bloomfield
Mrs L Dawson





REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ





REGISTERED NUMBER: 05367912 (England and Wales)





ACCOUNTANTS: Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ

Made Easy Ltd (Registered number: 05367912)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,525,000 1,450,000

CURRENT ASSETS
Debtors 5 77 31,660
Cash at bank 19,155 4,681
19,232 36,341
CREDITORS
Amounts falling due within one year 6 48,740 100,390
NET CURRENT LIABILITIES (29,508 ) (64,049 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,495,492 1,385,951

CREDITORS
Amounts falling due after more than one
year

7

(757,794

)

(719,745

)

PROVISIONS FOR LIABILITIES 10 (817 ) (817 )
NET ASSETS 736,881 665,389

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 209,380 209,380
Retained earnings 12 527,401 455,909
SHAREHOLDERS' FUNDS 736,881 665,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Made Easy Ltd (Registered number: 05367912)

Statement of Financial Position - continued
30 November 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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:




J W Bloomfield - Director



Mrs L Dawson - Director


Made Easy Ltd (Registered number: 05367912)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Made Easy 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Made Easy Ltd (Registered number: 05367912)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023 1,450,000
Additions 75,000
At 30 November 2024 1,525,000
NET BOOK VALUE
At 30 November 2024 1,525,000
At 30 November 2023 1,450,000

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2006 371,349
Valuation in 2008 (90,000 )
Valuation in 2014 (62,012 )
Valuation in 2015 14,594
Valuation in 2017 (104,000 )
Valuation in 2020 300,000
Valuation in 2022 225,266
Valuation in 2023 (445,000 )
Cost 1,314,803
1,525,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,314,803 1,239,803

Investment property was valued on an open market basis on 20 December 2023 by BNP Paribas Real Estate .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 77 587
Amounts owed by group undertakings - 31,073
77 31,660

Made Easy Ltd (Registered number: 05367912)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) - 60,088
Trade creditors 1,590 1,132
Taxation and social security 31,570 20,665
Other creditors 15,580 18,505
48,740 100,390

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 8) - 719,745
Amounts owed to group undertakings 757,794 -
757,794 719,745

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans - 60,088

Amounts falling due between one and two years:
Bank loans - 1-2 years - 60,088

Amounts falling due between two and five years:
Bank loans - 2-5 years - 659,657

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 779,833

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Investment property gains 817 817

Made Easy Ltd (Registered number: 05367912)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2023 817
Balance at 30 November 2024 817

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 December 2023 455,909 209,380 665,289
Profit for the year 71,492 71,492
At 30 November 2024 527,401 209,380 736,781