IRIS Accounts Production v25.3.0.601 13631157 Board of Directors 1.10.24 30.9.25 30.9.25 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13631157 2024-09-30 13631157 2025-09-30 13631157 2024-10-01 2025-09-30 13631157 2023-09-30 13631157 2023-10-01 2024-09-30 13631157 2024-09-30 13631157 ns15:EnglandWales 2024-10-01 2025-09-30 13631157 ns14:PoundSterling 2024-10-01 2025-09-30 13631157 ns10:Director1 2024-10-01 2025-09-30 13631157 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13631157 ns10:SmallEntities 2024-10-01 2025-09-30 13631157 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 13631157 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 13631157 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 13631157 ns10:FullAccounts 2024-10-01 2025-09-30 13631157 ns10:Director2 2024-10-01 2025-09-30 13631157 ns10:Director3 2024-10-01 2025-09-30 13631157 ns10:RegisteredOffice 2024-10-01 2025-09-30 13631157 ns5:CurrentFinancialInstruments 2025-09-30 13631157 ns5:CurrentFinancialInstruments 2024-09-30 13631157 ns5:Non-currentFinancialInstruments 2025-09-30 13631157 ns5:Non-currentFinancialInstruments 2024-09-30 13631157 ns5:ShareCapital 2025-09-30 13631157 ns5:ShareCapital 2024-09-30 13631157 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 13631157 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 13631157 ns5:PlantMachinery 2024-10-01 2025-09-30 13631157 ns5:PlantMachinery 2024-09-30 13631157 ns5:PlantMachinery 2025-09-30 13631157 ns5:PlantMachinery 2024-09-30 13631157 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 13631157 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 13631157 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-09-30 13631157 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-09-30

REGISTERED NUMBER: 13631157 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 September 2025 |

| for |

| Megisy Investments Limited |

Megisy Investments Limited (Registered number: 13631157)

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Megisy Investments Limited

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | J Butler

| Mrs J A Butler

| Ms D Butler

| REGISTERED OFFICE: | 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

| REGISTERED NUMBER: | 13631157 (England and Wales)

| ACCOUNTANTS: | APT

| 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

Megisy Investments Limited (Registered number: 13631157)

Balance Sheet

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 8,885 |  | 11,847 |  |

Investment property | 5 | 1,100,000 |  | 1,180,000 |  |

1,108,885 |  | 1,191,847 |  |

CURRENT ASSETS

Debtors | 6 | 3,157 |  | 2,928 |  |

Cash at bank | 7,302 |  | 13,752 |  |

10,459 |  | 16,680 |  |

CREDITORS

Amounts falling due within one year | 7 | 658,003 |  | 736,403 |  |

NET CURRENT LIABILITIES | (647,544 | ) | (719,723 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 461,341 |  | 472,124 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (413,063 | ) | (413,076 | ) |

PROVISIONS FOR LIABILITIES | (4,968 | ) | - |  |

NET ASSETS | 43,310 |  | 59,048 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 43,309 |  | 59,047 |  |

43,310 |  | 59,048 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Megisy Investments Limited (Registered number: 13631157)

Balance Sheet - continued

30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

J Butler - Director

Megisy Investments Limited (Registered number: 13631157)

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Megisy Investments 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 as modified by the revaluation of certain assets.

| The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

| Going concern

| Current liabilities exceed current assets, however, after reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Turnover

| Turnover is rental income which is recognised on an accruals basis in accordance with the substance of the relevant agreement net of VAT.

| Other income

| Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method. Government grants are recognised on an accruals basis in accordance with the substance of the relevant agreement.

| 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 etc | - | 25% on reducing balance

| 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.

| Financial instruments

| Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost, using the effective interest rate method.

| Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Megisy Investments Limited (Registered number: 13631157)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Provision for liabilities

| Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. | EMPLOYEES AND DIRECTORS

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

Megisy Investments Limited (Registered number: 13631157)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 18,791 |  |

| DEPRECIATION

| At 1 October 2024 | 6,944 |  |

| Charge for year | 2,962 |  |

| At 30 September 2025 | 9,906 |  |

| NET BOOK VALUE

| At 30 September 2025 | 8,885 |  |

| At 30 September 2024 | 11,847 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024 | 1,180,000 |  |

| Disposals | (60,000 | ) |

| Revaluations | (20,000 | ) |

| At 30 September 2025 | 1,100,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1,100,000 |  |

| At 30 September 2024 | 1,180,000 |  |

| Investment property is disclosed at fair value as measured by the directors.

| Fair value at 30 September 2025 is represented by:

£ |

| Valuation in 2022 | 87,800 |  |

| Valuation in 2023 | (67,775 | ) |

| Valuation in 2024 | 105,780 |  |

| Valuation in 2025 | (20,000 | ) |

| Cost | 994,195 |  |

1,100,000 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Other debtors | 3,157 |  | 2,928 |  |

Megisy Investments Limited (Registered number: 13631157)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade creditors | 3,739 |  | 2,744 |  |

| Taxation and social security | 8,827 |  | 1,093 |  |

| Other creditors | 645,437 |  | 732,566 |  |

658,003 |  | 736,403 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans | 413,063 |  | 413,076 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 413,063 |  | 413,076 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.9.25 |  | 30.9.24

£ | £ |

| Mortgages | 413,063 |  | 413,076 |  |

| The mortgages are secured by a first fixed charge over the assets acquired.

10. | RELATED PARTY DISCLOSURES

| At the balance sheet date £642,227 (2024: £730,466) was owed to key management personnel and included in creditors falling due within one year. The loan is interest free and repayable on demand.

| During the period key management personnel acquired assets from the company at a fair market value of £50,000 (2024: £nil).