REGISTERED NUMBER: 04267204 (England and Wales)

Financial Statements for the Year Ended 29 December 2024

for

MANLEY HOUSE LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

130,888

151,126

CURRENT ASSETS

Stocks

7,000

7,500

Debtors

5

1,253,398

951,527

Cash at bank

19,380

2,099

1,279,778

961,126

CREDITORS

Amounts falling due within one year

6

408,723

253,363

NET CURRENT ASSETS

871,055

707,763

TOTAL ASSETS LESS CURRENT LIABILITIES

1,001,943

858,889

CREDITORS

Amounts falling due after more than one year

7

(316,280

)

(112,002

)

PROVISIONS FOR LIABILITIES

(4,191

)

(4,532

)

NET ASSETS

681,472

742,355

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

681,372

742,255

SHAREHOLDERS' FUNDS

681,472

742,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 December 2024 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.

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 9 October 2025 and were signed by:

Mr K M Lai - Director

1.	STATUTORY INFORMATION

Manley House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04267204

Registered office:

7 Marconi Gate

Stafford

Staffordshire

ST18 0FZ

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with the parent company within the group.

Significant judgements and estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires the Directors to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results in the future could differ from those estimates. Management considers that certain accounting assumptions relating to revenue and provisions are its critical accounting policies.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when customers have received the services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less cost to complete and sell. Costs include all costs of purchase, conversion and expenses incurred in bringing the stock to its present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 30 December 2023

and 29 December 2024

297,690

384,466

51,746

15,495

749,397

DEPRECIATION

At 30 December 2023

198,781

346,598

47,314

5,578

598,271

Charge for year

11,908

5,681

665

1,984

20,238

At 29 December 2024

210,689

352,279

47,979

7,562

618,509

NET BOOK VALUE

At 29 December 2024

87,001

32,187

3,767

7,933

130,888

At 29 December 2023

98,909

37,868

4,432

9,917

151,126

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.12.24

29.12.23

£

£

Amounts owed by group undertakings

1,253,398

950,061

Other debtors

-

1,466

1,253,398

951,527

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.12.24

29.12.23

£

£

Bank loans and overdrafts

326,689

184,422

Hire purchase contracts

3,874

3,874

Trade creditors

21,483

-

Taxation and social security

51,630

60,018

Other creditors

5,047

5,049

408,723

253,363

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.12.24

29.12.23

£

£

Bank loans

315,633

107,482

Hire purchase contracts

647

4,520

316,280

112,002

8.	SECURED DEBTS

Bank loans totalling £158,737 are secured by fixed and floating charge over the undertaking and all property and assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.12.24

29.12.23

value:

£

£

100

Ordinary

£1

100

100