IRIS Accounts Production v25.4.0.155 00819827 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00819827 2023-12-31 00819827 2024-12-31 00819827 2024-01-01 2024-12-31 00819827 2022-12-31 00819827 2023-01-01 2023-12-31 00819827 2023-12-31 00819827 ns15:EnglandWales 2024-01-01 2024-12-31 00819827 ns14:PoundSterling 2024-01-01 2024-12-31 00819827 ns10:Director1 2024-01-01 2024-12-31 00819827 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00819827 ns10:SmallEntities 2024-01-01 2024-12-31 00819827 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00819827 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 00819827 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00819827 ns10:FullAccounts 2024-01-01 2024-12-31 00819827 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 00819827 ns10:Director2 2024-01-01 2024-12-31 00819827 ns10:Director3 2024-01-01 2024-12-31 00819827 ns10:Director4 2024-01-01 2024-12-31 00819827 ns10:CompanySecretary1 2024-01-01 2024-12-31 00819827 ns10:RegisteredOffice 2024-01-01 2024-12-31 00819827 ns5:CurrentFinancialInstruments 2024-12-31 00819827 ns5:CurrentFinancialInstruments 2023-12-31 00819827 ns5:Non-currentFinancialInstruments 2024-12-31 00819827 ns5:Non-currentFinancialInstruments 2023-12-31 00819827 ns5:ShareCapital 2024-12-31 00819827 ns5:ShareCapital 2023-12-31 00819827 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 00819827 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 00819827 1 2024-01-01 2024-12-31 00819827 ns5:PlantMachinery 2024-01-01 2024-12-31 00819827 ns5:FurnitureFittings 2024-01-01 2024-12-31 00819827 ns5:MotorVehicles 2024-01-01 2024-12-31 00819827 ns5:LongLeaseholdAssets ns5:LandBuildings 2023-12-31 00819827 ns5:PlantMachinery 2023-12-31 00819827 ns5:FurnitureFittings 2023-12-31 00819827 ns5:MotorVehicles 2023-12-31 00819827 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-01 2024-12-31 00819827 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 00819827 ns5:PlantMachinery 2024-12-31 00819827 ns5:FurnitureFittings 2024-12-31 00819827 ns5:MotorVehicles 2024-12-31 00819827 ns5:LongLeaseholdAssets ns5:LandBuildings 2023-12-31 00819827 ns5:PlantMachinery 2023-12-31 00819827 ns5:FurnitureFittings 2023-12-31 00819827 ns5:MotorVehicles 2023-12-31 00819827 ns5:CostValuation ns5:ListedExchangeTraded 2023-12-31 00819827 ns5:ListedExchangeTraded 2024-12-31 00819827 ns5:ListedExchangeTraded 2023-12-31 00819827 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 00819827 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 00819827 ns5:CurrentFinancialInstruments 2024-01-01 2024-12-31 00819827 ns5:Non-currentFinancialInstruments 2024-01-01 2024-12-31 00819827 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-12-31 00819827 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2023-12-31 00819827 ns10:OrdinaryShareClass1 2024-12-31

REGISTERED NUMBER: 00819827 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MACK & LAWLER BUILDERS LIMITED

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| MACK & LAWLER BUILDERS LIMITED |

COMPANY INFORMATION

For The Year Ended 31 December 2024

| DIRECTORS: | Mr D P McManaman

| Mrs F E McManaman

| Mr I C McManaman

| Mrs S M McManaman

| SECRETARY: | Mrs S M McManaman

| REGISTERED OFFICE: | 57 Micklegate

| York

| YO1 6LJ

| REGISTERED NUMBER: | 00819827 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| Business Advisors & Accountants

| Equinox House

| Clifton Park, Shipton Road

| York

| YO30 5PA

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

STATEMENT OF FINANCIAL POSITION

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 142,394 |  | 140,277 |  |

Investments | 5 | 100,000 |  | 100,000 |  |

Investment property | 6 | 3,015,000 |  | 3,015,000 |  |

3,257,394 |  | 3,255,277 |  |

CURRENT ASSETS

Stocks | 7 | 6,673,609 |  | 6,300,336 |  |

Debtors | 8 | 5,302,062 |  | 5,372,110 |  |

Cash at bank and in hand | 1,014,184 |  | 1,510,341 |  |

12,989,855 |  | 13,182,787 |  |

CREDITORS

Amounts falling due within one year | 9 | 558,033 |  | 587,504 |  |

NET CURRENT ASSETS | 12,431,822 |  | 12,595,283 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 15,689,216 |  | 15,850,560 |  |

CREDITORS

Amounts falling due after more than one year | 10 | 8,126 |  | 37,500 |  |

NET ASSETS | 15,681,090 |  | 15,813,060 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 10,000 |  | 10,000 |  |

Retained earnings | 15,671,090 |  | 15,803,060 |  |

SHAREHOLDERS' FUNDS | 15,681,090 |  | 15,813,060 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

STATEMENT OF FINANCIAL POSITION - continued

31 December 2024

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 19 November 2025 and were signed on its behalf by:

Mr I C McManaman - Director

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Mack & Lawler Builders 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.

| Judgements and key sources of estimation uncertainty

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from Other Sources. The estimates and associated assumptions are based on historic experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on a ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

| Turnover

| Turnover is recognized at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT. Turnover relating to the sale of land and property is recognized when the contract for sale becomes unconditional. Non-refundable plot reservation fees are recognized when paid.

| Rental Income is recognized in accordance with the period to which it relates

| In respect of the long-term contracts and for on -going service. turnover represents the value of work done in the year, Including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for ongoing services is recognized by reference to the stage of Completion.

| 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 reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

| Investment properties

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognized at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end data. The surplus or deficit on revaluation is recognized in profit and loss.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stock to their present location and condition.

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of section 11" Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS102 to all of its Financial Instruments.

| Financial Instrument are recognized in the company's statement of financial Position when the company becomes party to the contractual provisions of the Instrument.

| Basics Financial Assets:

| Basic financial assets, which Include debtors and cash bank balances, are measured at transaction price including transaction cost. Financial assets classified as receivable within one year are not amortized.

| Basic Financial Liabilities:

| Basic Financial Liabilities, Including creditors are initially recognized at transaction price unless the arrangement constitutes a financing transaction.

| Trade creditors are obligations to pay for goods or services that have been acquired in the Ordinary course of business from Suppliers, amounts payable are classified as current liabilities if payment is due within one year or less.

| Leases

| Rental payments under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed

| Cash at bank in hand

| Cash at Bank and in hand are basic financial assets and include cash in Hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

| Equity instruments

| Equity Instruments issued by the company are recorded at the proceeds received. net of transactions costs. Dividend payable on equity instruments are recognized as liabilities once they are no longer at the discretion of the company

| Employee benefits

| The cost of short-term employee benefits are recognized as a liability and an expense, unless those costs are required to be recognized as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognized in the period in which the employee's services are received.

| Termination benefits are recognized immediately as a expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination in benefits.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2023 - 9 ) .

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | Plant and |  | and |  | Motor |

| leasehold |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2024 | 3,911 |  | 118,313 |  | 57,359 |  | 201,590 |  | 381,173 |  |

| Additions | - |  | 23,996 |  | - |  | 19,500 |  | 43,496 |  |

| Disposals | - |  | (33,600 | ) | (16,772 | ) | (26,400 | ) | (76,772 | ) |

| At 31 December 2024 | 3,911 |  | 108,709 |  | 40,587 |  | 194,690 |  | 347,897 |  |

| DEPRECIATION

| At 1 January 2024 | 3,910 |  | 57,877 |  | 37,155 |  | 141,954 |  | 240,896 |  |

| Charge for year | - |  | 15,400 |  | 1,573 |  | 15,971 |  | 32,944 |  |

| Eliminated on disposal | - |  | (33,565 | ) | (10,950 | ) | (23,822 | ) | (68,337 | ) |

| At 31 December 2024 | 3,910 |  | 39,712 |  | 27,778 |  | 134,103 |  | 205,503 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1 |  | 68,997 |  | 12,809 |  | 60,587 |  | 142,394 |  |

| At 31 December 2023 | 1 |  | 60,436 |  | 20,204 |  | 59,636 |  | 140,277 |  |

5. | FIXED ASSET INVESTMENTS

| Listed

| investments

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 100,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 100,000 |  |

| At 31 December 2023 | 100,000 |  |

| In 2020 the company invested £100,000 for a 2.857% equity share in Coney Street III LLP, an LLP incorporated in England and Wales whose trading activity is property development.

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024

| and 31 December 2024 | 3,015,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 3,015,000 |  |

| At 31 December 2023 | 3,015,000 |  |

| Investment properties with a historical cost of £3,015,911 were revalued by the directors of the company. The current fair value is considered to be £3,015,000 (2023 - £3,015,000). The valuation takes into account a number of valuation factors including the length of existing leases.

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

7. | STOCKS

2024 | 2023 |

£ | £ |

| Stocks | 4,943,337 |  | 4,944,337 |  |

| Work-in-progress | 1,730,272 |  | 1,355,999 |  |

6,673,609 |  | 6,300,336 |  |

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

2024 | 2023 |

£ | £ |

| Trade debtors | 10,656 |  | 59,215 |  |

| Other debtors | 5,291,406 |  | 5,312,895 |  |

5,302,062 |  | 5,372,110 |  |

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

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts (see note 11) | 37,500 |  | 50,000 |  |

| Hire purchase contracts | 8,865 |  | - |  |

| Trade creditors | 41,636 |  | 41,894 |  |

| Taxation and social security | 6,999 |  | 7,621 |  |

| Other creditors | 463,033 |  | 487,989 |  |

558,033 |  | 587,504 |  |

| The bank loans are secured by a debenture and a first priority legal charge over each property held by the company.

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

2024 | 2023 |

£ | £ |

| Bank loans (see note 11) | - |  | 37,500 |  |

| Hire purchase contracts | 8,126 |  | - |  |

8,126 |  | 37,500 |  |

| The bank loans are secured by a debenture and a first priority legal charge over each property held by the company.

11. | LOANS

| An analysis of the maturity of loans is given below:

2024 | 2023 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 37,500 |  | 50,000 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 37,500 |  |

MACK & LAWLER BUILDERS LIMITED (REGISTERED NUMBER: 00819827) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 10,000 | Ordinary | 1 | 10,000 |  | 10,000 |  |

13. | OPERATING LEASE COMMITMENTS

| Lessee

| At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

|  | 2024 |  | 2023 |  |

| £ |  | £ |  |

|  | 100,000 |  | 140,000 |  |

14. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At 31st December 2024, the company owed £314,515 to I C McManaman (2023 - £361,521).This comprises an opening creditor balance of £361,521, the director was advanced £226,232 and repaid £179,226.The balance of £314,515 is included in other creditors.

| At 31 December 2024, the company owed £1,017 to D P McManaman (2023 debtor - £189).This comprises an opening debtor balance of £189, the director was advanced £25,000 and repaid £26,206 The balance of £1,017 is included in other creditors.

15. | RELATED PARTY DISCLOSURES

| The company is controlled by the directors.

| The Directors of the company are also directors of Dalian Properties Ltd. At the year end the company was owed £5,112,960 (2023 - £5,143,150) by Dalian Properties Ltd in respect of loans made to the company. This is included within Other debtors.