Company Registration No. 13207257 (England and Wales)
Manorgate Five Limited
Unaudited accounts
for the year ended 28 February 2025
Manorgate Five Limited
Unaudited accounts
Contents
Manorgate Five Limited
Company Information
for the year ended 28 February 2025
Directors
Mark Rickard
Darren Surman
Company Number
13207257 (England and Wales)
Registered Office
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
United Kingdom
Accountants
Andrew Donaldson
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
Manorgate Five Limited
Statement of financial position
as at 28 February 2025
Inventories
2,518,721
1,752,608
Cash at bank and in hand
63,097
1,194
Creditors: amounts falling due within one year
(3,003,124)
(2,037,357)
Net current liabilities
(421,306)
(283,550)
Net liabilities
(421,306)
(283,400)
Called up share capital
10
10
Profit and loss account
(421,316)
(283,410)
Shareholders' funds
(421,306)
(283,400)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2025 and were signed on its behalf by
Darren Surman
Director
Company Registration No. 13207257
Manorgate Five Limited
Notes to the Accounts
for the year ended 28 February 2025
Manorgate Five Limited is a private company, limited by shares, registered in England and Wales, registration number 13207257. The registered office is 17 Lake Walk, Adderbury, Banbury, Oxon, OX17 3PF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
At 28 February 2025 the company had net liabilities of £421,306 and is reliant on the support of the directors, fellow group companies and the bank loan. This support is expected to continue and these accounts have been prepared on the going concern basis.
4
Tangible fixed assets
Computer equipment
Manorgate Five Limited
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
474,367
-
Amounts owed to group undertakings and other participating interests
1,031,633
997,416
Other creditors
51,000
51,000
Loans from directors
1,033,708
852,441
The bank loan of £474,367 is secured over the assets of the company.
7
Transactions with related parties
Fellow group company:
Current liabilities includes £1,031,633 (2024 - £997,416) due to this company. This loan is interest free and is repayable on demand.
During the year management fees of £26,717 (2024 - £31,807) were charged by this company to Manorgate Five Limited.
Fellow group company:
During the year this company charged services of £699,825 including VAT to Manorgate Five Limited. At 28 February 2025 £263,074 including VAT was outstanding.
Company controlled by a director of Manorgate Five Limited:
At 28 February 2025 £51,000 (2024 - £51,000) is due to this company. This loan is interest free and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).