Mansell Mctaggart Burgess Hill Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06478021 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Mansell Mctaggart Burgess Hill Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

G Andrews

M J Harford

J R Wallden

C G Bates

SECRETARY:

G Andrews

REGISTERED OFFICE:

20 Station Road

Burgess Hill

West Sussex

RH15 9DQ

REGISTERED NUMBER:

06478021 (England and Wales)

ACCOUNTANTS:

C J A Accounting Limited

Delta House

16 Bridge Road

Haywards Heath

West Sussex

RH16 1UA

FIXED ASSETS

Tangible assets

4

6,555

7,273

Investment property

5

378,632

385,187

385,905

CURRENT ASSETS

Debtors

6

871,661

876,836

Cash at bank

21,279

23,126

892,940

899,962

CREDITORS

Amounts falling due within one year

7

132,935

199,113

NET CURRENT ASSETS

760,005

700,849

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,145,192

1,086,754

CAPITAL AND RESERVES

Called up share capital

75

Capital redemption reserve

25

Retained earnings

1,145,092

1,086,654

SHAREHOLDERS' FUNDS

1,145,192

1,086,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:

G Andrews - Director

1.	STATUTORY INFORMATION

Mansell Mctaggart Burgess Hill 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.

Turnover

Turnover represents income from all property sales where contracts have been completed together with

other income that is included as invoices, excluding VAT.

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

-

20% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

From the date of signing this report, the directors are confident that the company can continue trading as a going concern for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

4,112

28,271

13,700

2,501

48,584

Additions

-

3,555

-

3,555

At 31 December 2024

4,112

31,826

13,700

2,501

52,139

DEPRECIATION

At 1 January 2024

452

25,491

13,700

1,668

41,311

Charge for year

822

2,618

-

833

4,273

At 31 December 2024

1,274

28,109

13,700

2,501

45,584

NET BOOK VALUE

At 31 December 2024

2,838

3,717

-

6,555

At 31 December 2023

3,660

2,780

-

833

7,273

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

378,632

NET BOOK VALUE

At 31 December 2024

378,632

At 31 December 2023

378,632

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Amounts owed by participating interests

871,661

876,836

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

89,252

87,311

VAT

34,077

36,043

Other creditors

717

3,371

Directors' current accounts

-

60,233

Accrued expenses

8,889

12,155

132,935

199,113

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the called up share capital.

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 Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income 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 Mansell Mctaggart Burgess Hill Ltd for the year ended 31 December 2024 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mansell Mctaggart Burgess Hill Ltd, 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 Mansell Mctaggart Burgess Hill Ltd and state those matters that we have agreed to state to the Board of Directors of Mansell Mctaggart Burgess Hill Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mansell Mctaggart Burgess Hill Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mansell Mctaggart Burgess Hill Ltd 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 Mansell Mctaggart Burgess Hill Ltd. You consider that Mansell Mctaggart Burgess Hill Ltd 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 Mansell Mctaggart Burgess Hill Ltd. 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.

C J A Accounting Limited

Delta House

16 Bridge Road

Haywards Heath

West Sussex

RH16 1UA

8 April 2025