REGISTERED NUMBER: 01616719 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Mansion Grange Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr R Gorman

Mrs A J Gorman

SECRETARY:

Mrs A J Gorman

REGISTERED OFFICE:

108 Towngate

Silkstone

Barnsley

South Yorkshire

S75 4SY

REGISTERED NUMBER:

01616719 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

BANKERS:

National Westminster

20a King Road

Stretford

Manchester

M32 8NX

FIXED ASSETS

Tangible assets

5

659

415

Investment property

6

1,723,951

1,723,951

1,724,610

1,724,366

CURRENT ASSETS

Debtors

7

12,951

12,542

Cash at bank

168,503

217,656

181,454

230,198

CREDITORS

Amounts falling due within one year

8

1,084,425

1,178,677

NET CURRENT LIABILITIES

(902,971

)

(948,479

)

TOTAL ASSETS LESS CURRENT LIABILITIES

821,639

775,887

PROVISIONS FOR LIABILITIES

41,729

41,729

NET ASSETS

779,910

734,158

CAPITAL AND RESERVES

Called up share capital

9

2,000

2,000

Revaluation reserve

167,092

167,092

Retained earnings

610,818

565,066

SHAREHOLDERS' FUNDS

779,910

734,158

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 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 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 13 October 2025 and were signed on its behalf by:

Mr R Gorman - Director

Mrs A J Gorman - Director

1.	STATUTORY INFORMATION

Mansion Grange 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned on services provided during the year and derives from the provision of services falling within the company's ordinary activities. Turnover is recognised at the point of providing the service.

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

-

25% on reducing balance

All fixed assets are initially recorded at 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 for the year, and a corresponding amount to a non-distributable revaluation reserve.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

574

Additions

459

At 31 March 2025

1,033

DEPRECIATION

At 1 April 2024

159

Charge for year

215

At 31 March 2025

374

NET BOOK VALUE

At 31 March 2025

659

At 31 March 2024

415

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,723,951

NET BOOK VALUE

At 31 March 2025

1,723,951

At 31 March 2024

1,723,951

Fair value at 31 March 2025 is represented by:

£

Valuation in 2014

89,218

Valuation in 2016

29,297

Valuation in 2017

17,341

Valuation in 2019

14,583

Valuation in 2020

33,361

Valuation in 2021

22,487

Valuation in 2022

2,533

Cost

1,515,131

1,723,951

The investment properties as at 31 March 2025 were deemed to be at the same value as at 31 March 2024. The investment properties have an historical cost of £1,515,131 (2024: £1,515,131).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

12,951

12,542

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

24,382

19,618

Other creditors

1,060,043

1,159,059

1,084,425

1,178,677

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,920

A Ordinary

£1

1,920

1,920

10

L Ordinary

£1

10

10

10

E Ordinary

£1

10

10

40

G Ordinary

£1

40

40

20

M Ordinary

£1

20

20

2,000

2,000