REGISTERED NUMBER: 15539100 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

MCMANUS PROPERTY TEESSIDE LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTOR:

M McManus

REGISTERED OFFICE:

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

REGISTERED NUMBER:

15539100 (England and Wales)

ACCOUNTANTS:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

FIXED ASSETS

Tangible assets

4

705

939

Investment property

5

410,000

90,637

410,705

91,576

CURRENT ASSETS

Debtors

7,507

142

Cash at bank and in hand

9,523

2,157

17,030

2,299

CREDITORS

Amounts falling due within one year

155,063

46,035

NET CURRENT LIABILITIES

(138,033

)

(43,736

)

TOTAL ASSETS LESS CURRENT LIABILITIES

272,672

47,840

CREDITORS

Amounts falling due after more than one year

6

293,164

65,663

NET LIABILITIES

(20,492

)

(17,823

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

5,913

-

Retained earnings

(26,505

)

(17,923

)

(20,492

)

(17,823

)

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 9 June 2026 and were signed by:

M McManus - Director

1.	STATUTORY INFORMATION

Mcmanus Property Teesside 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis of accounting. At the balance sheet date the company's liabilities exceeded its assets by £20,492. Included within liabilities is an amount of £153,791 owed to the director of the company. The director has confirmed that repayment of the loan will not be sought if it proved to be prejudicial to the company.

Turnover

Turnover is measured at the fair value of rents received or receivable.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

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

Totals

£

COST

At 1 April 2025

and 31 March 2026

1,099

DEPRECIATION

At 1 April 2025

160

Charge for year

234

At 31 March 2026

394

NET BOOK VALUE

At 31 March 2026

705

At 31 March 2025

939

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

90,637

Additions

313,450

Revaluations

5,913

At 31 March 2026

410,000

NET BOOK VALUE

At 31 March 2026

410,000

At 31 March 2025

90,637

The investment property is stated at open market value as per the valuation of the director.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

5,913

Cost

404,087

410,000

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31/3/26

31/3/25

£

£

Repayable otherwise than by instalments

Mortgages

293,164

65,663

7.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Mortgages

293,164

65,663

Mortgages are secured by the assets in which they relate.

8.

RESERVES

Fair

value

reserve

£

Revaluation of investment

property

5,913

At 31 March 2026

5,913

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mcmanus Property Teesside Ltd for the year ended 31 March 2026 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Mcmanus Property Teesside Ltd in accordance with the terms of our engagement letter dated 6 May 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Mcmanus Property Teesside Ltd and state those matters that we have agreed to state to the director of Mcmanus Property Teesside Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Mcmanus Property Teesside Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mcmanus Property Teesside Ltd. You consider that Mcmanus Property Teesside Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mcmanus Property Teesside Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

9 June 2026