REGISTERED NUMBER: 06834147 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

M & P Doyle Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P L Doyle

REGISTERED OFFICE:

Unit 1

Palais Building

Liverpool Road North

Burscough

Lancashire

L40 5TN

REGISTERED NUMBER:

06834147 (England and Wales)

ACCOUNTANTS:

Myersons

Chartered Accountants

32 Derby Street

Ormskirk

Lancashire

L39 2BY

FIXED ASSETS

Tangible assets

4

5,505,058

6,876,487

Investments

5

70

70

5,505,128

6,876,557

CURRENT ASSETS

Debtors

6

696,038

72,037

Cash at bank

239,377

31,147

935,415

103,184

CREDITORS

Amounts falling due within one year

7

242,003

487,010

NET CURRENT ASSETS/(LIABILITIES)

693,412

(383,826

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,198,540

6,492,731

CREDITORS

Amounts falling due after more than one year

8

(1,051,002

)

(2,980,446

)

PROVISIONS FOR LIABILITIES

(19,829

)

(14,978

)

NET ASSETS

5,127,709

3,497,307

CAPITAL AND RESERVES

Called up share capital

10

2

2

Revaluation reserve

11

1,956,942

724,405

Retained earnings

3,170,765

2,772,900

SHAREHOLDERS' FUNDS

5,127,709

3,497,307

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 23 December 2025 and were signed by:

P L Doyle - Director

1.	STATUTORY INFORMATION

M & P Doyle 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Long leasehold

-

not provided

Improvements to property

-

not provided

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvement

Freehold

Long

to

property

leasehold

property

£

£

£

COST OR VALUATION

At 1 April 2024

6,546,868

183,200

78,951

Additions

-

-

-

Disposals

(2,600,913

)

-

(4,362

)

Revaluations

1,221,997

-

-

Reclassification/transfer

117,500

(117,500

)

-

At 31 March 2025

5,285,452

65,700

74,589

DEPRECIATION

At 1 April 2024

-

-

-

Charge for year

-

-

-

At 31 March 2025

-

-

-

NET BOOK VALUE

At 31 March 2025

5,285,452

65,700

74,589

At 31 March 2024

6,546,868

183,200

78,951

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

21,786

78,346

8,901

6,918,052

Additions

-

37,000

2,122

39,122

Disposals

-

-

-

(2,605,275

)

Revaluations

-

-

-

1,221,997

Reclassification/transfer

-

-

-

-

At 31 March 2025

21,786

115,346

11,023

5,573,896

DEPRECIATION

At 1 April 2024

11,829

22,353

7,383

41,565

Charge for year

2,489

23,441

1,343

27,273

At 31 March 2025

14,318

45,794

8,726

68,838

NET BOOK VALUE

At 31 March 2025

7,468

69,552

2,297

5,505,058

At 31 March 2024

9,957

55,993

1,518

6,876,487

Cost or valuation at 31 March 2025 is represented by:

Improvement

Freehold

Long

to

property

leasehold

property

£

£

£

Valuation in 2015

570,635

66,690

-

Valuation in 2016

90,801

-

-

Valuation in 2020

-

3,722

-

Valuation in 2025

1,256,520

(31,426

)

-

Cost

3,367,496

26,714

74,589

5,285,452

65,700

74,589

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Valuation in 2015

-

-

-

637,325

Valuation in 2016

-

-

-

90,801

Valuation in 2020

-

-

-

3,722

Valuation in 2025

-

-

-

1,225,094

Cost

21,786

115,346

11,023

3,616,954

21,786

115,346

11,023

5,573,896

If freehold & leasehold property had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

3,389,211

6,354,970

Freehold property was valued on market value basis on 2 December 2024 by Eddisons - Professional Valuers .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

70

NET BOOK VALUE

At 31 March 2025

70

At 31 March 2024

70

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

23,427

27,351

Amounts owed by group undertakings

36,233

42,886

Amounts owed by associates

271,579

1,100

Other debtors

225,120

700

VAT

20,919

-

Prepayments and accrued income

118,760

-

696,038

72,037

DEBTOR RECOVERABILITY

Amounts owed from associates in debtors includes an intercompany balance of £249.4k. Information available at the date of signing suggests the recoverability of this may be doubtful.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

123,875

23,073

Hire purchase contracts

23,912

22,222

Trade creditors

13,555

498

Amounts owed to associates

-

19,500

Tax

42,099

12,014

Social security and other taxes

1,076

1,958

VAT

-

20,115

Other creditors

18,566

18,844

Net wages control

-

12,150

Directors' current accounts

5,157

345,117

Accrued expenses

13,763

11,519

242,003

487,010

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

984,820

2,928,782

Hire purchase contracts

66,182

51,664

1,051,002

2,980,446

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

1,108,695

2,951,855

Hire purchase contracts

90,094

73,886

1,198,789

3,025,741

Legal charges exist over the assets of the company securing monies owed to the bank and finance providers.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Revaluation

reserve

£

At 1 April 2024

724,405

Freehold revaluation reserve

1,232,537

At 31 March 2025

1,956,942