Company registration number 11630355 (England and Wales)
MARK REEVES PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
MARK REEVES PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
MARK REEVES PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
185
231
Investment property
4
1,820,000
1,820,000
Investments
5
100
100
1,820,285
1,820,331
Current assets
Debtors
6
266,084
291,290
Cash at bank and in hand
1,157
42,549
267,241
333,839
Creditors: amounts falling due within one year
7
(1,432,974)
(1,531,495)
Net current liabilities
(1,165,733)
(1,197,656)
Total assets less current liabilities
654,552
622,675
Creditors: amounts falling due after more than one year
8
(1,073,456)
(1,074,887)
Net liabilities
(418,904)
(452,212)
Capital and reserves
Called up share capital
9
100
100
Profit and loss reserves
(419,004)
(452,312)
Total equity
(418,904)
(452,212)
MARK REEVES PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

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

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 July 2026
M Reeves
Director
Company registration number 11630355 (England and Wales)
MARK REEVES PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Mark Reeves Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 166 College Road, Harrow, Middlesex, HA1 1RA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

The company has taken advantage of the exemption available in FRS102 (S33 'Related Party Disclosure') w hereby it has not disclosed transactions with its wholly owned subsidiary undertaking.

1.2
Going concern

The financial statements have been prepared on a going concern basis even though at the balance sheet date the company had net liabilities of £418,904 (2025: £452,212).

The director consider s the going concern basis to be appropriate because, in his opinion, the company will continue to obtain sufficient funding from its shareholder and financial institutions to enable it to pay its debts as they fall due.

If the company was unable to continue to obtain sufficient funding to enable it to pay its debts as they fall due, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realisable amount, to be provided for any further liabilities which might arise and to re-classify long term liabilities as current liabilities.

1.3
Revenue

Turnover represents amounts receivable for property rental income and is recognised in the period to which it relates.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

MARK REEVES PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially

recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

MARK REEVES PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and equipment
£
Cost
At 1 April 2025 and 31 March 2026
564
Depreciation and impairment
At 1 April 2025
333
Depreciation charged in the year
46
At 31 March 2026
379
Carrying amount
At 31 March 2026
185
At 31 March 2025
231
4
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
1,820,000

In the opinion of the director, the fair value of the investment property is not materially different to the carrying value in the accounts as at the balance sheet date.

5
Fixed asset investments
2026
2025
£
£
Investments in subsidiary
100
100
MARK REEVES PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
6
Debtors
2026
2025
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
255,858
279,021
Other debtors
10,226
12,269
266,084
291,290
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
5,977
9,401
Other creditors
1,426,997
1,522,094
1,432,974
1,531,495
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
1,073,456
1,074,887
Creditors which fall due after five years are payable as follows:
Payable other than by instalments
1,054,527
1,053,404

Included within creditors due after more than one year are bank loans amounting to £1,054,527 (2025: £1,053,404) which are secured against the company's investment properties to which the loans relate to.

Included within creditors due within one year and after one year is a total of £24,906 (2025: £30,8 84) due in respect of an unsecured bank loan which is guaranteed by the government under the Bounce Back Loan Scheme.

9
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
10
Related party transactions

Included within other creditors is £1,375,816 (2025: £1,453,924) owed to the director as at the balance sheet date.

During the year the company received services amounting to £1,650 (2025: £18,500) from a person connected with the director.

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