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REGISTERED NUMBER: 13194111 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MKAC Properties Limited

MKAC Properties Limited (Registered number: 13194111)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MKAC Properties Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: M Oliver
Mrs K Oliver





REGISTERED OFFICE: 4 Riverview Walnut Tree Close
Guildford
Surrey
GU1 4UX





REGISTERED NUMBER: 13194111 (England and Wales)





ACCOUNTANTS: Bristow Burrell
4 Riverview
Walnut Tree Close
Guildford
Surrey
GU1 4UX

MKAC Properties Limited (Registered number: 13194111)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,183,865 1,584,982

CURRENT ASSETS
Debtors 5 28,353 (6,746 )
Cash at bank and in hand 173,156 217,681
201,509 210,935
CREDITORS
Amounts falling due within one
year

6

981,823

670,653
NET CURRENT LIABILITIES (780,314 ) (459,718 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,403,551

1,125,264

CREDITORS
Amounts falling due after more
than one year

7

521,365

521,365
NET ASSETS 882,186 603,899

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 882,086 603,799
SHAREHOLDERS' FUNDS 882,186 603,899

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 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 14 August 2025 and were signed on its behalf by:





M Oliver - Director


MKAC Properties Limited (Registered number: 13194111)

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

1. STATUTORY INFORMATION

MKAC Properties 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

MKAC Properties Limited (Registered number: 13194111)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 April 2024 1,571,664 22,460 10,800 1,604,924
Additions 607,198 - - 607,198
At 31 March 2025 2,178,862 22,460 10,800 2,212,122
DEPRECIATION
At 1 April 2024 - 14,317 5,625 19,942
Charge for year - 5,615 2,700 8,315
At 31 March 2025 - 19,932 8,325 28,257
NET BOOK VALUE
At 31 March 2025 2,178,862 2,528 2,475 2,183,865
At 31 March 2024 1,571,664 8,143 5,175 1,584,982

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 28,353 (6,746 )

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 60,015 60,015
Taxation and social security 124,841 83,729
Other creditors 796,967 526,909
981,823 670,653

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 521,365 521,365

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary 1.00 100 100

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors M L J Oliver and K Oliver by virtue of their controlling shareholding.