REGISTERED NUMBER: 03330685 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

MOATSIDE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A P Ashley

P W Swannell

REGISTERED OFFICE:

9 Eltisley Road

Great Gransden

Bedfordshire

SG19 3AR

REGISTERED NUMBER:

03330685 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

274,524

211,416

CURRENT ASSETS

Stocks

5

1,243,997

365,571

Debtors

6

8,198

13,194

Cash at bank

99,933

773,715

1,352,128

1,152,480

CREDITORS

Amounts falling due within one year

7

1,116,024

925,360

NET CURRENT ASSETS

236,104

227,120

TOTAL ASSETS LESS CURRENT LIABILITIES

510,628

438,536

CREDITORS

Amounts falling due after more than one year

8

(82,344

)

(57,767

)

PROVISIONS FOR LIABILITIES

(29,917

)

(17,919

)

NET ASSETS

398,367

362,850

CAPITAL AND RESERVES

Called up share capital

9

500

500

Undistributable reserves

72,051

72,051

Retained earnings

325,816

290,299

SHAREHOLDERS' FUNDS

398,367

362,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

A P Ashley - Director

1.	STATUTORY INFORMATION

Moatside Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of land, property and work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

not depreciated

Plant and machinery

-

15% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 September 2024

200,000

19,651

5,253

102,461

327,365

Additions

-

3,919

238

76,364

80,521

Disposals

-

-

-

(32,482

)

(32,482

)

At 31 August 2025

200,000

23,570

5,491

146,343

375,404

DEPRECIATION

At 1 September 2024

-

18,878

4,457

92,614

115,949

Charge for year

-

621

581

6,364

7,566

Eliminated on disposal

-

-

-

(22,635

)

(22,635

)

At 31 August 2025

-

19,499

5,038

76,343

100,880

NET BOOK VALUE

At 31 August 2025

200,000

4,071

453

70,000

274,524

At 31 August 2024

200,000

773

796

9,847

211,416

Cost or valuation at 31 August 2025 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2004

14,126

-

-

-

14,126

Valuation in 2019

75,000

-

-

-

75,000

Cost

110,874

23,570

5,491

146,343

286,278

200,000

23,570

5,491

146,343

375,404

The directors are of the opinion that the current fair value is not materially different to the value stated in the accounts, therefore no valuation adjustment has been entered.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

Additions

76,364

At 31 August 2025

76,364

DEPRECIATION

Charge for year

6,364

At 31 August 2025

6,364

NET BOOK VALUE

At 31 August 2025

70,000

5.

STOCKS

31.8.25

31.8.24

£

£

Work-in-progress

1,243,997

365,571

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

VAT

-

6,282

Prepayments

8,198

6,912

8,198

13,194

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

14,000

15,000

Other loans

794,598

646,598

Hire purchase contracts

8,707

-

Trade creditors

39,746

9,395

Social security and other taxes

23,156

14,433

VAT

10,890

-

Directors loan accounts

220,508

235,399

Sundry creditors and accruals

4,419

4,535

1,116,024

925,360

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

42,086

57,767

Hire purchase contracts

40,258

-

82,344

57,767

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

300

Ordinary

£1

300

300

100

A Ordinary

£1

100

100

100

B Ordinary

£1

100

100

500

500