Manor Developments (Tenbury Wells) Limited

Registered Number: 03286459
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2025
for
MANOR DEVELOPMENTS (TENBURY WELLS) LIMITED

Manor Developments (Tenbury Wells) Limited
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Notes to the financial statements	6

Manor Developments (Tenbury Wells) Limited
Company Information
For the year ended 31 March 2025

Directors	Mark Yarnold Charles Yarnold
Registered Number	03286459
Registered Office	Hursley Farm Stoke Bliss Tenbury Wells Worcestershire WR15 8RZ
Accountants	Taylorhobbs Limited Cherry Trees Barn Walcot Lane Pershore WR10 2AL

Manor Developments (Tenbury Wells) Limited
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

Principal activity of the company during the financial year was of building contractors.

Directors

The directors who served the company throughout the year were as follows:

Mark Yarnold

Charles Yarnold

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Mark Yarnold
Director

Date approved: 12 December 2025

Manor Developments (Tenbury Wells) Limited Accountants' Report For the year ended 31 March 2025
Accountants report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... Taylorhobbs Limited Cherry Trees Barn Walcot Lane Pershore WR10 2AL 12 December 2025 3

Manor Developments (Tenbury Wells) Limited
Accountants' Report
For the year ended 31 March 2025

Accountants report

You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................

Taylorhobbs Limited
Cherry Trees Barn
Walcot Lane
Pershore
WR10 2AL
12 December 2025

Manor Developments (Tenbury Wells) Limited
Profit and Loss Account
For the year ended 31 March 2025

	2025 £	2024 £
Turnover	1,299,933	234,055
Cost of sales	(1,083,946)	(90,163)
Gross profit	215,987	143,892
Administrative expenses	(88,367)	(103,177)
Other operating income	3	11
Operating profit	127,623	40,726
Other interest receivable and similar income	-	33
Interest payable and similar charges	(127,283)	(40,014)
Profit/(Loss) on ordinary activities before taxation	340	745
Tax on profit on ordinary activities	(65)	(180)
Profit/(Loss) for the financial year	275	565

Registered Number: 03286459 Manor Developments (Tenbury Wells) Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	18,285	22,909
Investments	4	1	1
		18,286	22,910
Current assets
Stocks	5	1,440,485	1,587,748
Debtors	6	31,508	247,217
Cash at bank and in hand		169,540	(41,231)
		1,641,533	1,793,734
Creditors: amount falling due within one year	7	(630,108)	(430,092)
Net current assets		1,011,425	1,363,642

Total assets less current liabilities		1,029,711	1,386,552
Creditors: amount falling due after more than one year	8	(537,702)	(893,939)
Provisions for liabilities	9	(3,474)	(4,353)
Net assets		488,535	488,260

Capital and reserves
Called up share capital	10	1,003	1,003
Profit and loss account		487,532	487,257
Shareholders' funds		488,535	488,260

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 12 December 2025 and were signed on its behalf by:

-------------------------------
Mark Yarnold
Director

Manor Developments (Tenbury Wells) Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Manor Developments (Tenbury Wells) Limited is a private company, limited by shares, registered in England and Wales, registration number 03286459, registration address Hursley Farm, Stoke Bliss, Tenbury Wells, Worcestershire, WR15 8RZ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Preparation of consolidated financial statements

The financial statements contain information about Manor Developments (Tenbury Wells) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion and where the amount of revenue can be measured reliably.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Fixed asset investments

Investment in subsidiary undertakings are recognised at cost.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Preference shares

The company's preference shares are treated as a financial liability since they are subject to mandatory redemption for a fixed or determinable amount at a fixed or determinable time and are thus included in creditors in the balance sheet rather than as part of the company's issued share capital.

2.	Average number of employees and directors Average number of employees during the year was 8 (2024 : 8).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2024	71,219	49,085	120,304
Additions	2,740	-	2,740
Disposals	(361)	(6,600)	(6,961)
At 31 March 2025	73,598	42,485	116,083
Depreciation
At 01 April 2024	65,253	32,141	97,394
Charge for year	1,927	3,844	5,771
On disposals	(334)	(5,033)	(5,367)
At 31 March 2025	66,846	30,952	97,798
Net book values
Closing balance as at 31 March 2025	6,752	11,533	18,285
Opening balance as at 01 April 2024	5,965	16,944	22,909

Included in Motor Vehicles above are assets held under hire purchase contracts with a cost of £11,000 (2024 - £11,000) on which the accumulated depreciation amounted to £6,359 (2024 - £4812). The cost of assets acquired in the year under hire purchase contracts was £NIL (2024 - £NIL).

Investments

Cost	Investments in group undertakings	Total
	£	£
At 01 April 2024	1	1
Additions	-	-
Disposals	-	-
At 31 March 2025	1	1

Stocks

	2025 £		2024 £
Stocks	1,440,485		1,587,748
	1,440,485		1,587,748

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	995	59,709
Prepayments & Accrued Income	5,056	172,863
Other Debtors	13,000	-
Employee Loans	-	943
VAT	12,457	13,702
	31,508	247,217

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	68,284	151,797
Bank Loans & Overdrafts	10,000	10,061
Amounts Owed to Group Undertakings	3,423	3,935
Corporation Tax	2,932	1,989
PAYE & Social Security	22,087	23,957
Accrued Expenses	95,709	35,055
Obligations under HP/Financial Leases	2,475	2,475
Wages & Salaries Control Account	16,538	573
Pension Control Account	292	(453)
Directors' Current Accounts	408,368	200,703
	630,108	430,092

The Company took out a Bounce Back Loan of £50,000 on 26th March 2021, repayable over a six year term with a fixed interest rate of 2.5%. There is automatically one year with no repayments or interest and the Business Interruption payments of £1,250, is payable by the government. Included within creditors due within one year is an amount of £10,000. Repayments of £833.33 commenced in April 2022.

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	10,001	20,833
Other Loans	526,464	869,394
Obligations Under HP/Financial Leases	1,237	3,712
	537,702	893,939

The Company took out a Bounce Back Loan of £50,000 on 26th March 2021, repayable over a six year term with a fixed interest rate of 2.5%. There is automatically one year with no repayments or interest and the Business Interruption payments of £1,250, is payable by the government. Included within creditors due after more than one year is an amount of £10,001. Repayments of £833.33 commenced in April 2022.

Included within Other Loans is an amount totalling £526,464 which relates to an interest only loan.

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	3,474		4,353
	3,474		4,353

10.

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
1,000 Ordinary shares of £1.00 each	1,000	1,000
1 Preference A share of £1.00 each	1	1
1 Preference B share of £1.00 each	1	1
1 Preference C share of £1.00 each	1	1
	1,003	1,003

11.	Related Party Disclosures During the year, the company undertook construction work for Bramley Property Holdings Limited, a Company of which a Director is a controlling party. These transactions were completed under 'normal market conditions'.