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Registered number: 12486495
Maranatha Property Limited
Unaudited Financial Statements
For The Year Ended 20 June 2025
Kent Coast Accounts Ltd
AAT Licensed Accountants
Marlowe Innovation Centre
Marlowe Way
Ramsgate
Kent
CT12 6FA
Maranatha Property Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Maranatha Property Limited
Balance Sheet
As At 20 June 2025
Balance Sheet
Registered number: 12486495

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 636,894 |  | 285,000
|  |  | 636,894 |  | 285,000
CURRENT ASSETS
Debtors | 5 | 516 |  | 255 |
Cash at bank and in hand |  | 3,192 |  | 2,076 |
|  | 3,708 |  | 2,331 |
Creditors: Amounts Falling Due Within One Year | 6 | (433,984 ) |  | (6,315 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (430,276 ) |  | (3,984 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 206,618 |  | 281,016
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (117,003 ) |  | (192,874 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 9 |  | (19,877 ) |  | (19,877 )
NET ASSETS |  |  | 69,738 |  | 68,265
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Revaluation reserve | 12 |  | 59,632 |  | 59,632
Profit and Loss Account |  |  | 10,006 |  | 8,533
SHAREHOLDERS' FUNDS |  |  | 69,738 |  | 68,265

Page 1
Page 2
Maranatha Property Limited
Balance Sheet (continued)
As At 20 June 2025
For the year ending 20 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Joshua Thomson Director
19th March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Maranatha Property Limited
Notes to the Financial Statements
For The Year Ended 20 June 2025
Notes to the Financial Statements
1. General Information
Maranatha Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12486495 . The registered office is 39 Brooke Avenue, Margate, Kent, CT9 5NG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. it also requires management to exercise judgment in applying the Company's accounting policies.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Rental Income
Rental income arising from investment properties is recognised on a straight-line basis over the period to which it relates, in accordance with the terms of the lease. Rental income is included within turnover in the period it is earned.
2.4. Investment Properties
All investment properties are measured at fair value, determined annually based on current market rents and investment yields for comparable properties. Adjustments are made where necessary to reflect differences in the nature, location or condition of the individual assets. Depreciation is not charged on investment properties.
Changes in fair value are recognised in the profit and loss account.
The fair value of the investment property at the balance sheet date was £636,894. This valuation has been determined by the directors, having regard to current market conditions and recent transactions for similar properties. No independent valuation was obtained during the year.
An equivalent amount has been appropriated to a non-distributable reserve to reflect unrealised gains.
Deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The measurement of deferred tax reflects the tax consequences that would follow from the manner in which the company expects to recover or settle the carrying amount of its assets and liabilities.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. This is generally for accelerated capital allowances.
Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
Maranatha Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 20 June 2025
4. Investment Properties

| Investment Properties
--- | ---
| £
Cost or Valuation
As at 21 June 2024 | 285,000
Additions | 351,894
As at 20 June 2025 | 636,894
Net Book Value
As at 20 June 2025 | 636,894
As at 21 June 2024 | 285,000

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 516 |  | 255

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 3,200
Other creditors | 431,830 |  | 2,118
Taxation and social security | 2,154 |  | 997
| 433,984 |  | 6,315

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 117,003 |  | 129,821
Other creditors | - |  | 63,053
| 117,003 |  | 192,874

8. Secured Creditors
The bank loan is secured by a fixed charge over the company’s investment property.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 117,003 |  | -

9. Deferred Taxation
Deferred taxation arises on the revaluation of investment property.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 19,877 |  | 19,877

Page 4
Page 5
Maranatha Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 20 June 2025
10. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 21 June 2024 | 19,877 | 19,877
Balance at 20 June 2025 | 19,877 | 19,877

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

12. Reserves

| Revaluation reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 21 June 2024 | 59,632 | 8,533
Profit for the year and total comprehensive income | - | 1,473
As at 20 June 2025 | 59,632 | 10,006

13. Related Party Transactions
At the year end, the Company owed Kent Coast Accounts Ltd £409,894 (2024: £63,052). Kent Coast Accounts Ltd is a related party by virtue of common majority shareholding. The loan is unsecured and repayable on demand. Of the year-end balance, £60,000 bears interest at 2.5% per annum, and interest of £1,500 was paid during the year (2024: £1,500). The remaining balance is interest-free.
There are no fixed repayment terms.
At the year end, amounts owed to the directors totalled £21,935 (2024: £2,118). These balances were interest-free, unsecured and repayable on demand.
14. Controlling Party
The directors consider that the ultimate controlling parties are Mr Joshua Thomson and Mrs Jessica Thomson.
Page 5