MAXILLIA PROPERTIES LIMITED


Directors	Conway, Gary Alexander
	Lopes Dias, Eli Joseph
	Tansey, Alan Joseph
	Tansey, Bernard Joseph


Company Secretary	Tansey, Barry Bernard


Registered Address	No 1 Railshead Road
	St Margarets
	Old Isleworth
	TW7 7EP


Registered Number	05664857 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		2		2
			2		2
Current assets
Stocks		1,475,579		1,475,579
Debtors	4	64,229		34,997
Cash at bank and on hand		43,633		69,825
		1,583,441		1,580,401
Creditors amounts falling due within one year	5	(1,331,724)		(1,325,775)
Net current assets (liabilities)			251,717		254,626
Total assets less current liabilities			251,719		254,628
Net assets			251,719		254,628
Capital and reserves
Called up share capital			2		2
Profit and loss account			251,717		254,626
Shareholders' funds			251,719		254,628

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Board of Directors on 29 April 2026, and are signed on its behalf by:

Tansey, Bernard Joseph
Director
Registered Company No. 05664857

MAXILLIA PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private limited company incorporated in England. Its registered number is 5664857. Its registered office and principal place of business is No 1 Railshead Road, St Margarets, Old Isleworth, Middlesex, TW7 7EP. The company is controlled jointly by Galliard Homes Limited and Saltees Properties Limited. (In administration) The financial statements are presented in sterling, which is the functional currency of the company.

Statutory information

The company is a private limited company incorporated in England.  Its registered number is 5664857.  Its registered office and principal place of business is No 1 Railshead Road, St Margarets, Old Isleworth, Middlesex, TW7 7EP.
	
The company is controlled jointly by Galliard Homes Limited and Saltees Properties Limited. (In administration)
	
The financial statements are presented in sterling, which is the functional currency of the company.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover represents gross income receivable, excluding VAT, on the sale of development properties, and the provision of related services. Profits or losses on the sale of development properties are recognised on the completion of contracts for sale.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Finance costs
	Interest on borrowings is charged to the profit and loss account when incurred. Other finance costs are charged over the term of the debt.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	The current tax charge is based on taxable profit for the year, using tax rates and laws that have been enacted or substantively enacted by the reporting date.

	Deferred tax
	Deferred tax balances are recognised for all timing differences, at rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks and work in progress
	Stocks of property developments are valued at the lower of cost and net realisable value. Cost includes the purchase and subsequent expenditure specifically attributable to a development property.

2.	Average number of employees
	The average number of employees includes Directors


		2025		2024
	Average number of employees during the year	4		4

3.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 August 24	2
	At 31 July 25	2
	Net book value
	At 31 July 25	2
	At 31 July 24	2

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	49,902	19,730
Other debtors	7,200	7,200
Prepayments and accrued income	7,127	8,067
Total	64,229	34,997

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	15,148	300
Bank borrowings and overdrafts	7,666	-
Amounts owed to related parties	1,235,000	1,235,000
Taxation and social security	6,904	23,619
Accrued liabilities and deferred income	67,006	66,856
Total	1,331,724	1,325,775

6.	Share capital
	Allotted, called up and fully paid : 100 ordinary shares of £1 each