REGISTERED NUMBER: 08440129 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MAYPRATH PROPERTY LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Cusack

Mrs L Cusack

REGISTERED OFFICE:

16 Bainbridge Avenue

Hartley

Plymouth

Devon

PL3 5QZ

REGISTERED NUMBER:

08440129 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

-

3,780

Investment property

5

540,000

540,000

540,000

543,780

CURRENT ASSETS

Cash at bank

2,891

80,024

CREDITORS

Amounts falling due within one year

6

285,097

372,073

NET CURRENT LIABILITIES

(282,206

)

(292,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

257,794

251,731

PROVISIONS FOR LIABILITIES

7

3,483

13,517

NET ASSETS

254,311

238,214

CAPITAL AND RESERVES

Called up share capital

8

10

10

Fair value reserve

9

74,392

64,358

Retained earnings

9

179,909

173,846

SHAREHOLDERS' FUNDS

254,311

238,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 4 June 2026 and were signed on its behalf by:

M J Cusack - Director

1.	STATUTORY INFORMATION

Mayprath Property Ltd. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% straight line

Motor vehicles

-

20% straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

4,347

29,399

33,746

DEPRECIATION

At 1 April 2025

3,996

25,970

29,966

Charge for year

351

3,429

3,780

At 31 March 2026

4,347

29,399

33,746

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

351

3,429

3,780

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

540,000

NET BOOK VALUE

At 31 March 2026

540,000

At 31 March 2025

540,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2016

77,875

Cost

462,125

540,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

1,849

2,775

Other creditors

140

-

Amount due to related

company

4,250

4,250

Directors' current accounts

276,623

363,849

Accruals and deferred income

2,235

1,199

285,097

372,073

7.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

3,483

13,517

Deferred

tax

£

Balance at 1 April 2025

13,517

Provided during year

(10,034

)

Balance at 31 March 2026

3,483

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

8

Ordinary A shares

£1

8

8

1

Ordinary B shares

£1

1

1

1

Ordinary C shares

£1

1

1

10

10

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2025

173,846

64,358

238,204

Profit for the year

16,097

16,097

Fair value

(10,034

)

10,034

-

At 31 March 2026

179,909

74,392

254,301