Mabbott Properties Limited - Filleted accounts

Registered number

11839588

Mabbott Properties Limited

Filleted Accounts

28 February 2026

Mabbott Properties Limited
Registered number:		11839588
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Investment property	3		766,582			766,582

Current assets
Cash at bank and in hand		19,008			18,875

Creditors: amounts falling due within one year	4	(1,260)			(1,995)

Net current assets			17,748			16,880

Total assets less current liabilities			784,330			783,462

Creditors: amounts falling due after more than one year	5		(692,312)			(654,990)



Net assets			92,018			128,472

Capital and reserves
Called up share capital			700			700
Revaluation reserve			-			167,885
Profit and loss account			91,318			(40,113)

Shareholders' funds			92,018			128,472

The director is 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 director acknowledges his 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 G Mabbott
Director
Approved by the board on 19 August 2026

Mabbott Properties Limited
Notes to the Accounts
for the year ended 28 February 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).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investment properties
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, including transaction costs. Subsequently it is measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Investment property is not depreciated.
	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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. 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. 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	0		1


3	Investment property

Other
investments
£
	Fair Value
	At 1 March 2025			766,582

	At 28 February 2026			766,582

	Historical cost
	At 1 March 2025			632,274
	At 28 February 2026			632,274

	The investment property was valued at fair value on 28 February 2026 by the director. The valuation was based on open market value having regard to comparable market transactions for similar properties. The property was not independently valued.


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

	Deferred income and accrual	1,260		1,995


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

	Deferred tax	33,577		-
	Loans	404,121		401,113
	Other creditors	254,614		253,877
		692,312		654,990


6	Other information

	Mabbott Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	9 Pensham Hill
	Pershore
	Worcestershire
	WR10 3HA