MKA Property Ltd - Filleted accounts

Registered number

10249033

MKA Property Ltd

Unaudited Filleted Accounts

31 March 2026

MKA Property Ltd
Registered number:		10249033
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		6,738			8,010
Investments	4		3,650,000			3,580,000
			3,656,738			3,588,010

Current assets
Debtors	5	170,000			180,000
Cash at bank and in hand		455,660			145,014
		625,660			325,014

Creditors: amounts falling due within one year	6	(464,576)			(510,872)

Net current assets/(liabilities)			161,084			(185,858)

Total assets less current liabilities			3,817,822			3,402,152

Creditors: amounts falling due after more than one year	7		(1,961,199)			(1,563,149)

Provisions for liabilities			(238,559)			(262,452)


Net assets			1,618,064			1,576,551

Capital and reserves
Called up share capital			100			100
Fair value reserve	8		893,458			965,136
Profit and loss account			724,506			611,315

Shareholders' funds			1,618,064			1,576,551

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Mr M Ashworth
Director
Approved by the board on 7 August 2026

MKA Property Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Furniture and equipment	over 10 years

	Investments
	Property investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Furniture and equipment
£
	Cost
	At 1 April 2025				25,507
	Additions				1,426
	Disposals				(4,011)
	At 31 March 2026				22,922

	Depreciation
	At 1 April 2025				17,497
	Charge for the year				2,289
	On disposals				(3,602)
	At 31 March 2026				16,184

	Net book value
	At 31 March 2026				6,738
	At 31 March 2025				8,010


4	Investments

Other
investments
£
	Cost
	At 1 April 2025				3,580,000
	Additions				321,781
	Revaluation				(95,571)
	Disposals				(156,210)

	At 31 March 2026				3,650,000


5	Debtors		2026		2025
£				£

	Other debtors		170,000		180,000


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		4,379		4,379
	Taxation and social security costs		36,353		4,344
	Other creditors		423,844		502,149
			464,576		510,872


7	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		13,867		18,246
	Other creditors		1,947,332		1,544,903
			1,961,199		1,563,149


8	Fair value reserve		2026		2025
£				£

	At 1 April 2025		965,136		749,007
	Gain on fair value of property investments		(95,571)		288,172
	Deferred taxation arising on the fair value of property investments		23,893		(72,043)

	At 31 March 2026		893,458		965,136


9	Other information

	MKA Property Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	44 Isaacson Road
	Burwell
	Cambridge
	CB25 0AF