IRIS Accounts Production v25.2.0.378 01924651 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019246512024-03-31019246512025-03-31019246512024-04-012025-03-31019246512023-03-31019246512023-04-012024-03-31019246512024-03-3101924651ns15:EnglandWales2024-04-012025-03-3101924651ns14:PoundSterling2024-04-012025-03-3101924651ns10:Director12024-04-012025-03-3101924651ns10:Director22024-04-012025-03-3101924651ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3101924651ns10:SmallEntities2024-04-012025-03-3101924651ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3101924651ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3101924651ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3101924651ns10:FullAccounts2024-04-012025-03-3101924651ns10:Director32024-04-012025-03-3101924651ns10:Director42024-04-012025-03-3101924651ns10:Director52024-04-012025-03-3101924651ns10:Director72024-04-012025-03-3101924651ns10:Director82024-04-012025-03-3101924651ns10:CompanySecretary12024-04-012025-03-3101924651ns10:RegisteredOffice2024-04-012025-03-3101924651ns5:CurrentFinancialInstruments2025-03-3101924651ns5:CurrentFinancialInstruments2024-03-3101924651ns5:ShareCapital2025-03-3101924651ns5:ShareCapital2024-03-3101924651ns5:RetainedEarningsAccumulatedLosses2025-03-3101924651ns5:RetainedEarningsAccumulatedLosses2024-03-3101924651ns5:LandBuildings2024-04-012025-03-3101924651ns5:PlantMachinery2024-04-012025-03-3101924651ns5:LandBuildings2024-03-3101924651ns5:PlantMachinery2024-03-3101924651ns5:LandBuildings2025-03-3101924651ns5:PlantMachinery2025-03-3101924651ns5:LandBuildings2024-03-3101924651ns5:PlantMachinery2024-03-3101924651ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3101924651ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 01924651 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE MANOR FIELDS ESTATE LIMITED

THE MANOR FIELDS ESTATE LIMITED (REGISTERED NUMBER: 01924651)

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

Report of the Accountants 7

THE MANOR FIELDS ESTATE LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2025







DIRECTORS: A Blake-Milton
D Buckner
J R D Chrastek
K R Dastur
C Morton
S Sharma
J M Davis





SECRETARY: Kinleigh Limited





REGISTERED OFFICE: Kfh House 5 Compton Road
Wimbledon
London
SW19 7QA





REGISTERED NUMBER: 01924651 (England and Wales)





ACCOUNTANTS: TC Group
Suite 4, 2nd Floor
New Kings Court
Eastleigh
SO53 3LG

THE MANOR FIELDS ESTATE LIMITED (REGISTERED NUMBER: 01924651)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 351,045 323,318

CURRENT ASSETS
Debtors 5 9,721 35,331
Cash at bank 6 541,957 450,539
551,678 485,870
CREDITORS
Amounts falling due within one year 7 145,603 43,990
NET CURRENT ASSETS 406,075 441,880
TOTAL ASSETS LESS CURRENT LIABILITIES 757,120 765,198

PROVISIONS FOR LIABILITIES - 389
NET ASSETS 757,120 764,809

CAPITAL AND RESERVES
Called up share capital 215 215
Retained earnings 756,905 764,594
SHAREHOLDERS' FUNDS 757,120 764,809

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 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.

THE MANOR FIELDS ESTATE LIMITED (REGISTERED NUMBER: 01924651)

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 Board of Directors and authorised for issue on 22 August 2025 and were signed on its behalf by:




C Morton - Director



K R Dastur - Director


THE MANOR FIELDS ESTATE LIMITED (REGISTERED NUMBER: 01924651)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025


1. STATUTORY INFORMATION

The Manor Fields Estate Limited 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.

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rents receivable
Revenue represents rents and ground rents receivable from flats, garages and parking spaces. Revenue is recognised as rent accrues.

Lease extensions
Revenue from lease extensions is recognised on completion as operating income. Costs in relation to the extension are set against the income to show a net profit.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 10% on cost

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.

THE MANOR FIELDS ESTATE LIMITED (REGISTERED NUMBER: 01924651)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

Judgements in applying accounting policies
The directors have applied their judgement in assessing that the expected residential value of the freehold property is at least equal to cost and that no depreciation should be applied to the asset. No other key judgements or key sources of estimation have been identified by the directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 365,229 69,149 434,378
Additions 30,520 - 30,520
At 31 March 2025 395,749 69,149 464,898
DEPRECIATION
At 1 April 2024 48,093 62,967 111,060
Charge for year - 2,793 2,793
At 31 March 2025 48,093 65,760 113,853
NET BOOK VALUE
At 31 March 2025 347,656 3,389 351,045
At 31 March 2024 317,136 6,182 323,318

Included in land and buildings is freehold land at cost of £12,020 (2024- £12,020) which is not depreciated.

Similarly no depreciation is charged on the residential buildings as these are fully maintained under terms of the leases and the directors consider that their current market values are in excess of the original costs.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 8,543 206
Other debtors 1,178 35,125
9,721 35,331

THE MANOR FIELDS ESTATE LIMITED (REGISTERED NUMBER: 01924651)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


6. CASH AT BANK

The bank account is interest bearing and held separately in trust by the managing agent and in compliance with Section 42 of the Landlord and Tenant Act 1987. The bank account details are listed below:

Bank Account Name:- Kinleigh Ltd Client Re: Manor Fields Ground Rent Account
Bank Name and Address:- Lloyds Bank plc - Victoria Branch, 98 Victoria Street, London, SW1E 5JL

*All funds are first banked in our Kinleigh Ltd Clients - Receipts Accounts (xxxxx407) held at Lloyds Bank at the above address, and these are transferred within 24 hours into the above listed account.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 15,995 -
Taxation and social security 4,990 4,804
Other creditors 124,618 39,186
145,603 43,990

8. SERVICE CHARGES

The company is responsible for the management of The Manor Fields Estate, Putney Hill, London, SW15 3NE and collects service charges from lessees in order to fund expenditure incurred in the management and upkeep of the property. These service charge funds are held in trust for the lessees in accordance with the Landlord & Tenant Act 1987. Such transactions are reported separately to the lessees and excluded from the company's financial statements.

An amount of £17,218 (2024 £34,882 owed to the company from the service charge) is owed from the company to the service charge funds at the year end date.

9. DEFERRED INCOME

During the year income of £80,800 was raised to cover the costs of door works. At the year end, the project was only partly completed, therefore income of £49,286 has been deferred as it relates to costs that will arise in the next accounting period.

THE MANOR FIELDS ESTATE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
THE MANOR FIELDS ESTATE LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of the company, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of the company and state those matters that we have agreed to state to the Board of Directors of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company. You consider that the company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






TC Group
Suite 4, 2nd Floor
New Kings Court
Eastleigh
SO53 3LG


27 August 2025