Silverfin false false 31/08/2025 01/09/2024 31/08/2025 G I Maspero 09/10/1991 21 May 2026 The principal activity of the company continued to be that of property letting and property management. The company also provides leased assets to customers. 02430445 2025-08-31 02430445 bus:Director1 2025-08-31 02430445 2024-08-31 02430445 core:CurrentFinancialInstruments 2025-08-31 02430445 core:CurrentFinancialInstruments 2024-08-31 02430445 core:Non-currentFinancialInstruments 2025-08-31 02430445 core:Non-currentFinancialInstruments 2024-08-31 02430445 core:ShareCapital 2025-08-31 02430445 core:ShareCapital 2024-08-31 02430445 core:RetainedEarningsAccumulatedLosses 2025-08-31 02430445 core:RetainedEarningsAccumulatedLosses 2024-08-31 02430445 2024-09-01 2025-08-31 02430445 bus:FilletedAccounts 2024-09-01 2025-08-31 02430445 bus:SmallEntities 2024-09-01 2025-08-31 02430445 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 02430445 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 02430445 bus:Director1 2024-09-01 2025-08-31 02430445 2023-09-01 2024-08-31 02430445 core:Non-currentFinancialInstruments 2024-09-01 2025-08-31 iso4217:GBP xbrli:pure

Company No: 02430445 (England and Wales)

# MACKENZIE AND CAMPBELL PROPERTIES LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH THE REGISTRAR

MACKENZIE AND CAMPBELL PROPERTIES LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

Contents

MACKENZIE AND CAMPBELL PROPERTIES LIMITED

## STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025
MACKENZIE AND CAMPBELL PROPERTIES LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

AS AT 31 AUGUST 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investment property | 3 | 1,220,000 |  | 1,100,000
|  | 1,220,000 |  | 1,100,000
Current assets |  |  |  |
Debtors | 4 | 446,955 |  | 746,788
Cash at bank and in hand |  | 218,720 |  | 30,706
|  | 665,675 |  | 777,494
Creditors: amounts falling due within one year | 5 | ( 101,352) |  | ( 164,589)
Net current assets |  | 564,323 |  | 612,905
Total assets less current liabilities |  | 1,784,323 |  | 1,712,905
Creditors: amounts falling due after more than one year | 6 | ( 111,148) |  | ( 132,896)
Provision for liabilities | 7 | ( 59,191) |  | ( 36,080)
Net assets |  | 1,613,984 |  | 1,543,929
Capital and reserves |  |  |  |
Called-up share capital |  | 1,000 |  | 1,000
Profit and loss account |  | 1,612,984 |  | 1,542,929
Total shareholder's funds |  | 1,613,984 |  | 1,543,929

For the financial 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.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Mackenzie and Campbell Properties Limited (registered number: 02430445) were approved and authorised for issue by the Director on 21 May 2026. They were signed on its behalf by:

G I Maspero Director |

MACKENZIE AND CAMPBELL PROPERTIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025
MACKENZIE AND CAMPBELL PROPERTIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Mackenzie and Campbell Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Cross Keys House, 27 The Parade, Marlborough, SN8 1NE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover represents the invoiced value, net of Value Added Tax, of property rental and management services provided to customers.
The annual rentals on 'operating leases' are credited to the profit and loss account on a straight line basis over the lease term.

##### Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred 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.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

##### Leases

The Company as lessor
Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

##### Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors, cash and bank balances and amounts due from entities under common ownership, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Investment property

| Investment property
| £
Valuation |
As at 01 September 2024 | 1,100,000
Additions | 2,304
Fair value movement | 217,696
Disposals | (100,000)
As at 31 August 2025 | 1,220,000

Investment property comprises freehold rental buildings. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 August 2025 by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

The investment properties are used to generate rental income on operating lease agreements.

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 41,783 |  | 18,454
Amounts owed by Group undertakings | 400,000 |  | 715,697
Other debtors | 5,172 |  | 12,637
| 446,955 |  | 746,788

Amounts owed by group undertakings are repayable on demand.

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 21,724 |  | 129,872
Trade creditors | 6,889 |  | 10,161
Corporation tax | 0 |  | 1,144
Other taxation and social security | 4,545 |  | 0
Other creditors | 68,194 |  | 23,412
| 101,352 |  | 164,589

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 111,148 |  | 132,896

The amounts above are secured by charges over the company's properties.

#### 7. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 59,191 |  | 36,080

#### 8. Related party transactions

During the year the company entered into the following transactions with related parties:

Expenses charged to related parties

| 2025 |  | 2024
| £ |  | £
Entities with a common director | 0 |  | 125

Professional fees charged by related parties

| 2025 |  | 2024
| £ |  | £
Entities with a common director | 30,503 |  | 26,381

Expenses charged by related parties

| 2025 |  | 2024
| £ |  | £
Entities with a common director | 1,167 |  | 43
Fellow group undertakings | 2,962 |  | 696
| 4,129 |  | 739

Amounts due to related parties

The following amounts were outstanding at the reporting end date:

| 2025 |  | 2024
| £ |  | £
Entities with a common director | 2,357 |  | 5,730
Entities with control, joint control or significant influence over the company | 0 |  | 0
| 2,357 |  | 5,730

Amounts due from related parties

The following amounts were outstanding at the reporting end date:

| 2025 |  | 2024
| £ |  | £
Entities with control, joint control or significant influence over the company | 400,000 |  | 715,679