Manser Group Limited - Filleted accounts

Registered number

12191564

Manser Group Limited

Filleted Accounts

31 March 2025

Manser Group Limited
Registered number:		12191564
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			12,369

Current assets
Debtors	4	20,160			5,511
Cash at bank and in hand		559			1,230
		20,719			6,741

Creditors: amounts falling due within one year	5	(29,236)			(23,070)

Net current liabilities			(8,517)			(16,329)

Total assets less current liabilities			(8,517)			(3,960)

Creditors: amounts falling due after more than one year	6		(1,334)			(9,334)

Provisions for liabilities			-			(2,350)


Net liabilities			(9,851)			(15,644)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(9,951)			(15,744)

Shareholders' funds			(9,851)			(15,644)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Wayne Manser
Director
Approved by the board on 15 August 2025

Manser Group Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery etc.			20% Straight Line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Going Concern / Basis of Preparation
	The company ceased trading on 1st April 2024. The financial statements have therefore been prepared on a break-up basis.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		3


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			1,053		40,880		41,933
	Disposals			(1,053)		(40,880)		(41,933)
	At 31 March 2025			-		-		-

	Depreciation
	At 1 April 2024			948		28,616		29,564
	On disposals			(948)		(28,616)		(29,564)
	At 31 March 2025			-		-		-

	Net book value
	At 31 March 2025			-		-		-
	At 31 March 2024			105		12,264		12,369

	All tangible fixed assets were disposed of during the year ended 31 March 2025. The disposals comprised plant and machinery and motor vehicles, which were sold at their respective market values. The motor vehicle disposals to related parties are disclosed in note 8.

4	Debtors					2025		2024
£							£

	Amounts owed by related parties					20,160		-
	Other debtors					-		5,511
						20,160		5,511


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					8,000		8,000
	Trade creditors					-		1,956
	Taxation and social security costs					10,944		10,773
	Other creditors					10,292		2,341
						29,236		23,070


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					1,334		9,334


7	Loans from directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Wayne Manser
	[Loan 1]	1,327		3,774				5,101

	Martin Grant
	[Loan 1]	491		4,700				5,191

		1,818		8,474		-		10,292

	The amounts owed to directors represent funds personally advanced to the company by Mr Wayne Manser and Mr Martin Grant during the year to support the company’s activities. These amounts were paid directly into the business by the directors. The loans are unsecured, interest-free and repayable on demand. During the year, Mr Wayne Manser advanced £5,101 and Mr Martin Grant £5,191 to the company. At 31 March 2025, the outstanding loan balances were £5,101 and £5,191 respectively. These amounts are included within other creditors.


8	Related party transactions

	As at 31 March 2025, the company was owed £10,200 by Manser Heating and Plumbing Ltd, a company controlled by the director, Mr Wayne Manser, and £9,960 by Resolute Construction and Plumbing Ltd, a company operated by Mr Martin Grant. These balances arose in respect of the sale of motor vehicles at market value to the respective businesses. The amounts are unsecured, interest-free and repayable on demand. The directors consider the related party debtor balances to be fully recoverable based on current information available.


9	Other information

	Manser Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Mottisfont Close
	Southampton
	England
	SO15 4JH