REGISTERED NUMBER: 03374507 (England and Wales)

Manjake Limited

Unaudited Financial Statements

for the Year Ended

30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Jakeman

SECRETARY:

Mrs K M Pollock

REGISTERED OFFICE:

Unit 12

Shottery Brook Office Park

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NR

REGISTERED NUMBER:

03374507 (England and Wales)

ACCOUNTANTS:

Moffat Gilbert

Unit 12

Shottery Brook Office Park

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NR

FIXED ASSETS

Tangible assets

4

911

1,063

Investments

5

769,297

1,101

Investment property

6

1,415,000

2,337,865

2,185,208

2,340,029

CURRENT ASSETS

Debtors

7

10,749

9,398

Investments

8

175,000

-

Cash at bank

49,009

34,341

234,758

43,739

CREDITORS

Amounts falling due within one year

9

325,415

213,469

NET CURRENT LIABILITIES

(90,657

)

(169,730

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,094,551

2,170,299

PROVISIONS FOR LIABILITIES

50,222

187,612

NET ASSETS

2,044,329

1,982,687

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

11

2,043,329

1,981,687

SHAREHOLDERS' FUNDS

2,044,329

1,982,687

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 31 October 2025 and were signed by:

P A Jakeman - Director

1.	STATUTORY INFORMATION

Manjake 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 the rents received and receivable for the financial period. It is based on invoices raised for the commercial properties which is then reduced by the rents invoiced in the period in respect of future financial periods. The residential property rents are based on the income received in the period under review.

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

-

25% on cost

Computer equipment

-

25% 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.

Consolidated accounts

Consolidated accounts have not been prepared as the group qualifies for exemption as a small sized group under S399(1) of the Companies Act 2006. The financial statements therefore only refer to the parent undertaking.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

17,305

Additions

278

At 30 April 2025

17,583

DEPRECIATION

At 1 May 2024

16,242

Charge for year

430

At 30 April 2025

16,672

NET BOOK VALUE

At 30 April 2025

911

At 30 April 2024

1,063

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

1,101

Additions

768,196

At 30 April 2025

769,297

NET BOOK VALUE

At 30 April 2025

769,297

At 30 April 2024

1,101

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Town & Country Scaffolding(Banbury) Limited

Registered office: Unit 12 Shottery Brook Office Park Timothys Bridge Road Stratford upon Avon Warwickshire

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

30.4.25

30.4.24

£

£

Aggregate capital and reserves

1,000

1,000

Branjake Limited

Registered office: Unit 12 Shottery Brook Office Park Timothys Bridge Road Stratford upon Avon Warwickshire

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

50.00

30.4.25

30.4.24

£

£

Aggregate capital and reserves

1,556

1,556

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

2,337,865

Disposals

(947,865

)

Revaluations

25,000

At 30 April 2025

1,415,000

NET BOOK VALUE

At 30 April 2025

1,415,000

At 30 April 2024

2,337,865

The investment properties were valued at the end of the year by the director, Mr P A Jakeman, on an open market basis. Mr Jakeman has several years experience as a property developer and is therefore considered to have sufficient knowledge of the property market to quantify the realisable values of the properties held.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

9,331

7,328

Other debtors

661

-

Prepayments and accrued income

757

2,070

10,749

9,398

8.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

£

Other investments

175,000

-

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Amounts owed to group undertakings

2,548

2,548

Tax

97,786

19,192

Social security and other taxes

-

22

VAT

5,309

4,112

Other creditors

118,202

95,724

Directors' current accounts

25,321

16,775

Accruals & deferred income

76,249

75,096

325,415

213,469

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100,000

Ordinary

£0.01

1,000

1,000

11.

RESERVES

Retained

earnings

£

At 1 May 2024

1,981,687

Profit for the year

132,949

Dividends

(71,307

)

At 30 April 2025

2,043,329

Within the profit and loss account reserve is £270,633 that is non-distributable as it relates to the revaluation movement on the investment properties held. There would be a deferred tax liability of £50,008 on the revaluation and this has been fully provided within the accounts.

12.	RELATED PARTY DISCLOSURES

In prior years the subsidiary company Town & Country Scaffolding (Banbury) Limited made interest-free loans to the company in order to provide finance to fund the purchase of investment properties.The amount outstanding at the year end was £1,000 (2024 £1,000).

The company had also been involved in the set-up in previous years of Branjake Limited and has given financial assistance to fund its activities. The balance owed to Branjake Limited by the company at the year end was £1,548 (2024 £1,548).

The Director, Mr P A Jakeman made loans to the company to continue to finance the group activities. The sum owed to Mr P A Jakeman at the year end by the company was £25,321 (2024 £16,775).

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is deemed to be Mr P. A. Jakeman due to his being the sole director and the majority shareholder.