Company Registration No. 13590025 (England and Wales)
McNair Estates Limited
Unaudited accounts
for the year ended 31 August 2025
McNair Estates Limited
Unaudited accounts
Contents
McNair Estates Limited
Company Information
for the year ended 31 August 2025
Company Number
13590025 (England and Wales)
Registered Office
32 Brassington Road
Stockport
Cheshire
SK4 3PN
England
McNair Estates Limited
Statement of financial position
as at 31 August 2025
Investment property
675,000
675,000
Cash at bank and in hand
6,097
5,131
Creditors: amounts falling due within one year
(3,604)
(7,597)
Net current assets
12,779
1,820
Total assets less current liabilities
687,779
676,820
Creditors: amounts falling due after more than one year
(672,469)
(659,631)
Provisions for liabilities
Deferred tax
(9,977)
(9,977)
Called up share capital
1
1
Profit and loss account
5,332
7,211
Shareholders' funds
5,333
7,212
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 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 31 May 2026 and were signed on its behalf by
Beverly McNair
Director
Company Registration No. 13590025
McNair Estates Limited
Notes to the Accounts
for the year ended 31 August 2025
McNair Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 13590025. The registered office is 32 Brassington Road, Stockport, Cheshire, SK4 3PN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 September 2024
675,000
Amounts falling due within one year
Accrued income and prepayments
4,286
4,286
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
3,604
3,604
McNair Estates Limited
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
370,050
370,050
Loans from directors
302,419
289,581
At the reporting date, all the assets of the Company were subject to a registered fixed and floating charge that forms security for a mortgage.
In June 2023, the Company secured a mortgage with a carrying amount of £370,050 for the acquisition of investment assets. The mortgage is repayable in 10 years with a variable rate of interest currently 5.99% per annum above UK base rate.
During the period, the Director made net advances to the Company totaling £12,838 (2024: £1,947). These advances are interest free and is payable after more than one year.
The amount due to the director as at the reporting date is £302,419 (2024: £189,581).
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).