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Registered number: 04439188
Macclesfield Properties Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Lennards
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04439188
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 546,684 404,225
Investments 5 41,000 40,400
587,684 444,625
CURRENT ASSETS
Debtors 6 253,600 252,400
Cash at bank and in hand 2,127 1,803
255,727 254,203
Creditors: Amounts Falling Due Within One Year 7 (703,088 ) (537,914 )
NET CURRENT ASSETS (LIABILITIES) (447,361 ) (283,711 )
TOTAL ASSETS LESS CURRENT LIABILITIES 140,323 160,914
NET ASSETS 140,323 160,914
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 (1,625 ) (2,225 )
Profit and Loss Account 141,848 163,039
SHAREHOLDERS' FUNDS 140,323 160,914
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Page 2
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Martyn John Cole
Director
10/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Macclesfield Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04439188 . The registered office is The Vicarage 31 Great King Street, Macclesfield, Cheshire, SK11 6PL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% per annum of cost of buildings only
Computer Equipment 20% per annum of cost
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 5 5
5 5
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4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 June 2024 434,158 369 434,527
Additions 148,283 - 148,283
As at 31 May 2025 582,441 369 582,810
Depreciation
As at 1 June 2024 29,934 368 30,302
Provided during the period 5,824 - 5,824
As at 31 May 2025 35,758 368 36,126
Net Book Value
As at 31 May 2025 546,683 1 546,684
As at 1 June 2024 404,224 1 404,225
5. Investments
Listed
£
Cost or Valuation
As at 1 June 2024 40,400
Revaluations 600
As at 31 May 2025 41,000
Provision
As at 1 June 2024 -
As at 31 May 2025 -
Net Book Value
As at 31 May 2025 41,000
As at 1 June 2024 40,400
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 253,600 252,400
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 41,086 48,436
Other taxes and social security 584 438
Other creditors 800 800
Accruals and deferred income 1,100 1,050
Directors' loan accounts 659,518 487,190
703,088 537,914
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 41,086 48,436
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
As at 1 June 2024 (2,225 )
Surplus on revaluation 600
As at 31 May 2025 (1,625 )
11. Related Party Transactions
All related party transactions are at market value unless otherwise stated.
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