REGISTERED NUMBER: 08495316 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st July 2025

for

Mannion Property Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs Linda Rosemary Mannion

Mr Peter Terence Mannion

Mr Thomas Mannion

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

REGISTERED NUMBER:

08495316 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

630,000

630,000

630,000

630,000

CURRENT ASSETS

Debtors

6

91,413

-

Cash at bank

100,576

13,988

191,989

13,988

CREDITORS

Amounts falling due within one year

7

434,837

245,851

NET CURRENT LIABILITIES

(242,848

)

(231,863

)

TOTAL ASSETS LESS CURRENT LIABILITIES

387,152

398,137

CREDITORS

Amounts falling due after more than one year

8

(106,553

)

(128,353

)

PROVISIONS FOR LIABILITIES

(51,011

)

(13,976

)

NET ASSETS

229,588

255,808

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

150,853

(59,583

)

Retained earnings

11

78,635

315,291

SHAREHOLDERS' FUNDS

229,588

255,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 10th October 2025 and were signed on its behalf by:

Mrs Linda Rosemary Mannion - Director

1.	STATUTORY INFORMATION

Mannion Property Management 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.

Turnover

Turnover represents rents received, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

20% 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 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.

Freehold property

Freehold property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st August 2024

and 31st July 2025

6,871

DEPRECIATION

At 1st August 2024

and 31st July 2025

6,871

NET BOOK VALUE

At 31st July 2025

-

At 31st July 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st August 2024

and 31st July 2025

630,000

NET BOOK VALUE

At 31st July 2025

630,000

At 31st July 2024

630,000

Fair value at 31st July 2025 is represented by:

£

Valuation in 2018

102,865

Valuation in 2020

14,000

Valuation in 2022

80,000

Valuation in 2023

(35,000

)

Valuation in 2024

40,000

Cost

428,135

630,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

428,135

428,135

investment properties were valued on an open market basis on 31st July 2025 by the directors of the company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

91,413

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Amounts owed to group undertakings

190,358

-

Tax

2,624

3,671

Other creditors

-

398

Directors' current accounts

240,475

240,474

Accrued expenses

1,380

1,308

434,837

245,851

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans more 5 yrs non-inst

106,553

128,353

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

106,553

128,353

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Mortgages

106,553

128,353

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

5

Ordinary

£1

5

5

45

Ordinary B

£1

45

95

50

Ordinary C

£1

50

-

100

100

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st August 2024

315,291

(59,583

)

255,708

Deficit for the year

(26,220

)

(26,220

)

Assets revalued in period

(210,436

)

210,436

-

At 31st July 2025

78,635

150,853

229,488