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Company Registration No. 15096703 (England and Wales)
Magnares Properties Ltd Unaudited accounts for the year ended 31 August 2025
Magnares Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Magnares Properties Ltd Company Information for the year ended 31 August 2025
Directors
Agnieszka Gosiewska Marc Hoang Nguyen
Company Number
15096703 (England and Wales)
Registered Office
191 Montrose Avenue Welling Kent DA16 2QT England
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Magnares Properties Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
455,174
-
Current assets
Debtors
5
25,838
-
Cash at bank and in hand
1,591
111
27,429
111
Creditors: amounts falling due within one year
6
(33,357)
(5,573)
Net current liabilities
(5,928)
(5,462)
Total assets less current liabilities
449,246
(5,462)
Creditors: amounts falling due after more than one year
7
(464,600)
-
Net liabilities
(15,354)
(5,462)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(15,454)
(5,562)
Shareholders' funds
(15,354)
(5,462)
For the year ending 31 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 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 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 of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by
Agnieszka Gosiewska Director Company Registration No. 15096703
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Magnares Properties Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Magnares Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15096703. The registered office is 191 Montrose Avenue, Welling, Kent, DA16 2QT, 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.
4
Investment property
2025
£
Additions
455,174
At 31 August 2025
455,174
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
25,838
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
10,355
-
Loans from directors
23,002
4,853
Accruals
-
720
33,357
5,573
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
321,995
-
Other creditors
142,605
-
464,600
-
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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