Maplehill Commercial Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03900457 (England and Wales)

MAPLEHILL COMMERCIAL PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr C Mouyiaris

REGISTERED OFFICE:

41 High Street

London

N14 6LD

REGISTERED NUMBER:

03900457 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Tangible assets

4

8,972,017

8,100,000

CURRENT ASSETS

Debtors

5

596,835

313,271

Cash at bank

30,198

9,245

627,033

322,516

CREDITORS

Amounts falling due within one year

6

3,010,129

920,111

NET CURRENT LIABILITIES

(2,383,096

)

(597,595

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,588,921

7,502,405

CREDITORS

Amounts falling due after more than one
year

7

(1,949,137

)

(3,856,095

)

PROVISIONS FOR LIABILITIES

8

(697,856

)

(492,089

)

NET ASSETS

3,941,928

3,154,221

CAPITAL AND RESERVES

Called up share capital

9

100

Fair value reserve

10

2,763,212

2,098,475

Retained earnings

10

1,178,616

1,055,646

SHAREHOLDERS' FUNDS

3,941,928

3,154,221

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

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 19 July 2026 and were signed by:

Mr C Mouyiaris - Director

1.	STATUTORY INFORMATION

Maplehill Commercial 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 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 and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

The Director does not consider either the Freehold Properties or Leasehold Property require to be depreciated this year.

Freehold 0%

Leasehold 0%

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.

Going concern disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

property

leasehold

fittings

Totals

£

COST OR VALUATION

At 1 January 2025

7,350,000

750,000

-

8,100,000

Additions

-

2,521

Revaluations

735,000

135,000

-

870,000

At 31 December 2025

8,085,000

885,000

2,521

8,972,521

DEPRECIATION

Charge for year

-

504

At 31 December 2025

-

504

NET BOOK VALUE

At 31 December 2025

8,085,000

885,000

2,017

8,972,017

At 31 December 2024

7,350,000

750,000

-

8,100,000

All Investment Property has been revalued as at the Year End based on Bank Valuations carried out during the year and the values considered appropriate by the Director who has extensive experience in this market.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

21,239

9,417

Other debtors

-

1,120

Amounts owed by associates

555,050

302,734

Directors' current accounts

4,831

-

Tax

2,756

-

Accrued income

1,702

-

Prepayments

11,257

-

596,835

313,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

2,807,462

99,600

Trade creditors

-

32,436

Tax

-

10,823

Other creditors

1,144

(5,000

)

Amounts owed to associates

154,224

777,408

Directors' current accounts

-

378

Accruals and deferred income

39,199

4,466

Accrued expenses

8,100

-

3,010,129

920,111

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans - 1-2 years

17,800

-

Bank loans - 2-5 years

55,326

2,821,059

Bank loans more 5 yr by instal

1,876,011

1,035,036

1,949,137

3,856,095

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,876,011

1,035,036

8.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

Deferred tax

697,856

492,089

Deferred

tax

£

Balance at 1 January 2025

492,089

Provided during year

205,767

Balance at 31 December 2025

697,856

The provision for deferred taxation is made up of a Provision in respect of the Revaluation Account and is calculated based upon the basis of the properties being sold as at the Balance Sheet Date.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

£1

100

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 January 2025

1,055,646

2,098,475

3,154,121

Profit for the year

122,970

Fair value movement

-

664,737

At 31 December 2025

1,178,616

2,763,212

3,941,828

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

**UNKNOWN DIRECTOR 1**

Balance outstanding at start of year

-

Amounts advanced

4,831

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,831

-

The overdrawn director's loan account was repaid within 9 months of the year end.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

The company's ultimate controlling party is Mr C Mouyiaris by virtue of his ownership of 100% of the issued share capital in the company.