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Financial Statements

for the Year Ended 31 March 2025

for

Maisey Property Ltd

Maisey Property Ltd (Registered number: 12795501)






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


Maisey Property Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: E Russell





REGISTERED OFFICE: Dolphins Chart Road
Sutton Valence
Maidstone
Kent
ME17 3AW





REGISTERED NUMBER: 12795501 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Oaklea House
46 Coatham Road
Redcar
TS10 1RS

Maisey Property Ltd (Registered number: 12795501)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
Fixed assets
Investment property 4 475,000 455,205

Current assets
Debtors 5 19,685 18,389
Cash at bank and in hand 3,204 8,700
22,889 27,089
Creditors
Amounts falling due within one year 6 (323,596 ) (188,732 )
Net current liabilities (300,707 ) (161,643 )
Total assets less current liabilities 174,293 293,562

Creditors
Amounts falling due after more than one year 7 (284,448 ) (284,280 )
Net (liabilities)/assets (110,155 ) 9,282

Capital and reserves
Called up share capital 1 1
Retained earnings 9 (110,156 ) 9,281
(110,155 ) 9,282

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.

Maisey Property Ltd (Registered number: 12795501)

Balance Sheet - continued
31 March 2025


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 4 August 2025 and were signed by:





E Russell - Director


Maisey Property Ltd (Registered number: 12795501)

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

1. STATUTORY INFORMATION

Maisey Property 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.

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 NIL (2024 - NIL).

Maisey Property Ltd (Registered number: 12795501)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 455,205
Additions 95,814
Revaluations (76,019 )
At 31 March 2025 475,000
NET BOOK VALUE
At 31 March 2025 475,000
At 31 March 2024 455,205

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 (76,019 )
Cost 551,019
475,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 19,685 18,389

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 46,124 -
Trade creditors 437 -
Directors' current accounts 276,251 187,933
Accrued expenses 784 799
323,596 188,732

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Mortgages 284,448 284,280

Maisey Property Ltd (Registered number: 12795501)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Mortgages 228,448 284,280

9. RESERVES
Retained
earnings
£   

At 1 April 2024 9,281
Deficit for the year (119,437 )
At 31 March 2025 (110,156 )