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Registered number: 08347966
Manorbarn Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
TONY R J ELSDON FCCA
Chartered Certified Accountant
31 Wildcroft Drive
North Holmwood
Dorking
Surrey
RH5 4TL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08347966
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 550,000 550,000
550,000 550,000
CURRENT ASSETS
Debtors 5 2,107 -
Cash at bank and in hand 53,214 63,987
55,321 63,987
Creditors: Amounts Falling Due Within One Year 6 (88,507 ) (99,739 )
NET CURRENT ASSETS (LIABILITIES) (33,186 ) (35,752 )
TOTAL ASSETS LESS CURRENT LIABILITIES 516,814 514,248
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (54,959 ) (54,959 )
NET ASSETS 461,855 459,289
CAPITAL AND RESERVES
Called up share capital 8 210 210
Revaluation reserve 9 175,093 175,093
Profit and Loss Account 286,552 283,986
SHAREHOLDERS' FUNDS 461,855 459,289
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Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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
Mrs Janet Daniels
Director
23 April 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Manorbarn Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08347966 . The registered office is 1 Beaselys Ait Lane, Sunbury on Thames, Middlesex, TW16 6AS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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 years 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. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
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Page 4
4. Investment Property
2026
£
Fair Value
As at 1 April 2025 and 31 March 2026 550,000
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 2,107 -
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 7,641 7,674
VAT 2,107 2,106
Other creditors 10,875 10,875
Accruals and deferred income 1,800 1,000
Director's loan account 66,084 78,084
88,507 99,739
7. Deferred Taxation
The provision for deferred tax is made up as follows:
This is based on the current rate of corporaion tax that would arise if the surplus on the revaluation of the investment prpoerty materialised.  In the opinion of the director this is unlikely to occur within the foreseeable future.
2026 2025
£ £
Other timing differences 54,959 54,959
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 210 210
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 April 2025 175,093 283,986
Profit for the year and total comprehensive income - 32,566
Dividends paid - (30,000)
As at 31 March 2026 175,093 286,552
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