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Company Registration No. 10342607 (England and Wales)
Davies Property (Manchester) Limited Unaudited accounts for the year ended 30 August 2025
Davies Property (Manchester) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Davies Property (Manchester) Limited Company Information for the year ended 30 August 2025
Director
Natalie Gascoyne
Company Number
10342607 (England and Wales)
Registered Office
Profolk Bank Chambers St. Petersgate Stockport Cheshire SK1 1AR England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Davies Property (Manchester) Limited Statement of financial position as at 30 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
5
2,648,000
1,871,927
Current assets
Debtors
6
147,770
12,875
Cash at bank and in hand
144,320
43,027
292,090
55,902
Creditors: amounts falling due within one year
7
(232,588)
(560,959)
Net current assets/(liabilities)
59,502
(505,057)
Total assets less current liabilities
2,707,502
1,366,870
Creditors: amounts falling due after more than one year
8
(1,816,297)
(931,078)
Provisions for liabilities
Deferred tax
(202,754)
(71,615)
Other provisions
(9,880)
(9,880)
(212,634)
(81,495)
Net assets
678,571
354,297
Capital and reserves
Called up share capital
1
1
Revaluation reserve
630,014
345,393
Profit and loss account
48,556
8,903
Shareholders' funds
678,571
354,297
For the year ending 30 August 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 May 2026 and were signed on its behalf by
Natalie Gascoyne Director Company Registration No. 10342607
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Davies Property (Manchester) Limited Notes to the Accounts for the year ended 30 August 2025
1
Statutory information
Davies Property (Manchester) Limited is a private company, limited by shares, registered in England and Wales, registration number 10342607. The registered office is Profolk, Bank Chambers, St. Petersgate, Stockport, Cheshire, SK1 1AR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 31 August 2024
871
At 30 August 2025
871
Depreciation
At 31 August 2024
871
At 30 August 2025
871
Net book value
At 30 August 2025
-
5
Investment property
2025
£
Fair value at 31 August 2024
1,871,927
Additions
309,703
Net gain from fair value adjustments
466,370
At 30 August 2025
2,648,000
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Davies Property (Manchester) Limited Notes to the Accounts for the year ended 30 August 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
59,651
12,875
Amounts falling due after more than one year
Accrued income and prepayments
88,119
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
297,536
Trade creditors
3,400
-
Amounts owed to group undertakings and other participating interests
224,288
121,046
Other creditors
-
110,000
Loans from directors
-
27,477
Accruals
1,020
1,020
Deferred income
3,880
3,880
232,588
560,959
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,798,144
931,078
Amounts owed to group undertakings and other participating interests
18,153
-
1,816,297
931,078
Aggregate of amounts that fall due for payment after five years
1,798,144
925,226
The company has four mortgages, as follows: £841,206 with Kent Reliance, which is secured against 520 Stretford Road, a property held by the company £423,676 with Aldermore, which is secured against 21-23 High Street, a property held by the company £295,750 with Quantum, which is secured against 906 Chester Road, a property held by the company £152,251 with Shawbrook, which is secured against 215 Hall Street, a property held by the company £84.767 with Kent Reliance, which is secured against 14 Winwick View, a property held by the company. A personal guarantee has been provided by the director, Natalie Gascoyne, for these mortgages.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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