Manifest Developments Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15533189

		31 March 2026		28 February 2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		175,000		131,433

			175,000		131,433
CURRENT ASSETS
Debtors	5	247		1
Cash at bank and in hand		22,263		13,100

		22,510		13,101
Creditors: Amounts Falling Due Within One Year	6	(70,591 )		(66,000 )

NET CURRENT ASSETS (LIABILITIES)			(48,081 )		(52,899 )

TOTAL ASSETS LESS CURRENT LIABILITIES			126,919		78,534

Creditors: Amounts Falling Due After More Than One Year	7		(81,827 )		(83,931 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,892 )		-

NET ASSETS/(LIABILITIES)			34,200		(5,397 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Other reserves			32,675		-
Profit and Loss Account			1,524		(5,398 )

SHAREHOLDERS' FUNDS			34,200		(5,397)

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Manifest Developments Ltd

Balance Sheet (continued)

As At 31 March 2026

For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Shingleton

Director

16 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Manifest Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15533189 . The registered office is Unit 2 The Gate Centre , Bredbury Park Industrial Estate, Bredbury, Stockport, SK6 2SN and principle place of business is 15 South Park Road, Macclesfield, SK11 6RP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The principal accounting policies adopted are set out below.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £.

Comparative information

During the current financial period, the Company changed its accounting reference date in order to align its financial year end with another company under common control. Consequently, the current financial statements cover a period of 13 months, whereas the comparative figures cover a period of 12 months.

As a result of the differing reporting periods, the current year's results are not directly comparable with those presented for the previous financial year. Users of these financial statements should take this difference into consideration when comparing the Company's financial performance, cash flows and other financial information between the two periods.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rental income

Rental income from short-term lettings is recognised as revenue in the period in which the accommodation and associated services are provided.

2.3. Investment Properties

Investment property is shown at most recent valuation. Changes in fair value are recognised in the profit and loss account.

The valuation method is based on comparable market data, management have deemed the properties to be accurately valued at the reporting date. The determined fair value is sensitive to the estimated yield as well as to vacancy rates.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Manifest Developments Ltd

Notes to the Financial Statements (continued)

For the Period 1 March 2025 to 31 March 2026

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

2.6. Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

2.7. Cash and cash equivalents

Cash and cash equivalents comprise cash at bank; bank borrowings are included within creditors.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2025: 1)

4. Investment Property

	31 March 2026
	£
Fair Value
As at 1 March 2025	131,433
Revaluations	43,567

As at 31 March 2026	175,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	31 March 2026	28 February 2025
	£	£
Cost	131,433	131,433

5. Debtors

	31 March 2026	28 February 2025
	£	£
Due within one year
Other debtors	247	1

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Manifest Developments Ltd

Notes to the Financial Statements (continued)

For the Period 1 March 2025 to 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	31 March 2026	28 February 2025
	£	£
Bank loans and overdrafts	2,455	-
Other creditors	67,779	66,000
Taxation and social security	357	-

	70,591	66,000

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026	28 February 2025
	£	£
Bank loans	81,827	83,931

8. Secured Creditors

Of the creditors the following amounts are secured by way of a fixed charge dated 5 August 2024 by The Mortgage Works (UK) PLC over the investment property held on the balance sheet.

	31 March 2026		28 February 2025
	£		£
Bank loans and overdrafts	84,282		83,931

9. Share Capital

	31 March 2026	28 February 2025
Allotted, called up but not fully paid	£	£
1 Ordinary Shares of £ 1.00 each	1	1

10. Related Party Transactions

At the reporting date, £67,779 (2025: £65,000) was due to a company under common control, by way of an interest free unsecured loan.

11. Ultimate Controlling Party

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

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