REGISTERED NUMBER: 10563615 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Manleys Property Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M J Manley

REGISTERED OFFICE:

8-9 Grosvenor Court

137 - 151 Foregate Street

Chester

Cheshire

CH1 1HG

REGISTERED NUMBER:

10563615 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Investment property

4

872,565

872,565

CURRENT ASSETS

Debtors

5

61,150

96,646

Cash at bank

40,662

60,210

101,812

156,856

CREDITORS

Amounts falling due within one year

6

483,721

519,257

NET CURRENT LIABILITIES

(381,909

)

(362,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

490,656

510,164

CREDITORS

Amounts falling due after more than one year

7

189,244

208,791

NET ASSETS

301,412

301,373

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

9

300,000

300,000

Retained earnings

412

373

SHAREHOLDERS' FUNDS

301,412

301,373

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 his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

Mr M J Manley - Director

1.	STATUTORY INFORMATION

Manleys Property Developments Ltd 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.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

872,565

NET BOOK VALUE

At 31 March 2025

872,565

At 31 March 2024

872,565

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

11,083

Other debtors

61,150

85,563

61,150

96,646

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

22,273

22,273

Amounts owed to associates

454,348

460,514

Taxation and social security

-

29,369

Other creditors

7,100

7,101

483,721

519,257

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

189,244

208,791

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

100,151

119,698

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

211,517

231,064

The bank loans are secured by a fixed and floating charge over investment property owned by the company.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

300,000

10.	RELATED PARTY DISCLOSURES