REGISTERED NUMBER: 01296046 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

MACESS PROPERTIES LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

P G Everson

Mrs E A Everson

SECRETARY:

Mrs E A Everson

REGISTERED OFFICE:

5 Dalesway

Guiseley

Leeds

West Yorkshire

LS20 8JN

REGISTERED NUMBER:

01296046 (England and Wales)

ACCOUNTANTS:

Smith Turner Chartered Accountants

Unit 7, Courtyard 31

Pontefract Road

Normanton

WF6 1JU

FIXED ASSETS

Investments

4

325

231

Investment property

5

543,500

685,000

543,825

685,231

CURRENT ASSETS

Debtors

6

906

533

Investments

7

90,000

90,000

Cash at bank

40,621

53,952

131,527

144,485

CREDITORS

Amounts falling due within one year

8

(19,589

)

(15,736

)

NET CURRENT ASSETS

111,938

128,749

TOTAL ASSETS LESS CURRENT LIABILITIES

655,763

813,980

PROVISIONS FOR LIABILITIES

(11,006

)

(37,891

)

NET ASSETS

644,757

776,089

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

67,461

182,076

Retained earnings

577,196

593,913

644,757

776,089

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th November 2025 and were signed on its behalf by:

P G Everson - Director

1.	STATUTORY INFORMATION

Macess Properties 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st April 2024

231

Revaluations

94

At 31st March 2025

325

NET BOOK VALUE

At 31st March 2025

325

At 31st March 2024

231

Cost or valuation at 31st March 2025 is represented by:

Other

investments

£

Valuation in 2016

349

Valuation in 2017

2,183

Valuation in 2018

(2,248

)

Valuation in 2019

(5

)

Valuation in 2020

(113

)

Valuation in 2023

49

Valuation in 2024

16

Valuation in 2025

94

325

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

685,000

Revaluations

(141,500

)

At 31st March 2025

543,500

NET BOOK VALUE

At 31st March 2025

543,500

At 31st March 2024

685,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2020

114,967

Valuation in 2022

105,000

Valuation in 2025

(141,500

)

Cost

465,033

543,500

Investment property was valued on an open market basis on 31st March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

906

533

7.	CURRENT ASSET INVESTMENTS

31/3/25

31/3/24

£

£

Other

90,000

90,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Taxation and social security

-

1,197

Other creditors

19,589

14,539

19,589

15,736

9.

RESERVES

Fair

value

reserve

£

At 1st April 2024

182,076

Transfer on disposal

(114,615

)

At 31st March 2025

67,461

10.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £17,013 due to the directors of the company. No interest is being charged on this amount and there are no fixed terms for repayment.