The Manchester Property Company Limited

The Manchester Property Company Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	549,518	509,740
Investments	4	40,000	140,000
		589,518	649,740
Current assets
Debtors		434,434	440,139
Cash at bank and in hand		15,269	113,095
		449,703	553,234
Creditors: amount falling due within one year		43,639	(32,631)
Net current assets		493,342	520,603

Total assets less current liabilities		1,082,860	1,170,343
Creditors: amount falling due after more than one year		(993,551)	(993,551)
Net assets		89,309	176,792

Capital and reserves
Called up share capital	5	2	2
Profit and loss account		89,307	176,790
Shareholders' funds		89,309	176,792

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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 22 December 2025 and were signed on its behalf by:

-------------------------------
Mr James Paul Scott
Director

The Manchester Property Company Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

The Manchester Property Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02870678, registration address C/o Stonebridge Accountants, 19a, Chorley Old Road, Bolton, BL1 3AD.

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.

Turnover

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

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

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

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:

Land and Buildings	0% Reducing Balance
Plant and Machinery	15% Reducing Balance
Fixtures and Fittings	15% Reducing Balance
Improvements to property	0% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

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.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Improvements to property	Total
	£	£	£	£	£
At 01 April 2024	686,373	18,012	38,093	80,905	823,383
Additions	-	-	-	48,472	48,472
Disposals	-	-	-	-	-
At 31 March 2025	686,373	18,012	38,093	129,377	871,855
Depreciation
At 01 April 2024	258,449	17,652	37,542	-	313,643
Charge for year	8,558	54	82	-	8,694
On disposals	-	-	-	-	-
At 31 March 2025	267,007	17,706	37,624	-	322,337
Net book values
Closing balance as at 31 March 2025	419,366	306	469	129,377	549,518
Opening balance as at 01 April 2024	427,924	360	551	80,905	509,740

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	140,000	140,000
Additions	-	-
Disposals	-	-
Revaluations	(100,000)	(100,000)
At 31 March 2025	40,000	40,000

Share Capital

Authorised
2 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
2 Class A shares of £1.00 each	2		2
	2		2

Registered Number: 02870678
England and Wales
THE MANCHESTER PROPERTY COMPANY LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025