Company Registration No. 02197863 (England and Wales)
Manorgrove Estates Limited
Unaudited accounts
for the year ended 31 December 2025
Manorgrove Estates Limited
Unaudited accounts
Contents
Manorgrove Estates Limited
Statement of financial position
as at 31 December 2025
Investment property
8,862,086
7,100,845
Cash at bank and in hand
677,129
267,073
Creditors: amounts falling due within one year
(233,750)
(205,772)
Net current assets
506,830
304,004
Total assets less current liabilities
9,369,350
7,405,696
Provisions for liabilities
Deferred tax
(550,954)
(73,024)
Net assets
8,818,396
7,332,672
Called up share capital
1,020
1,020
Revaluation reserve
274,833
274,833
Fair value reserve
1,652,859
218,390
Profit and loss account
6,889,684
6,838,429
Shareholders' funds
8,818,396
7,332,672
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by
Malcolm D Wells
Director
Company Registration No. 02197863
Manorgrove Estates Limited
Notes to the Accounts
for the year ended 31 December 2025
Manorgrove Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 02197863. The registered office is Spring House, Bath Row, Stamford, Lincolnshire, PE9 2QX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Computer equipment
20% reducing balance & 33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Manorgrove Estates Limited
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
460
1,679
2,139
At 31 December 2025
460
1,679
2,139
At 1 January 2025
434
858
1,292
Charge for the year
5
408
413
At 31 December 2025
439
1,266
1,705
At 31 December 2025
21
413
434
At 31 December 2024
26
821
847
Fair value at 1 January 2025
7,100,845
Net gain from fair value adjustments
1,637,358
At 31 December 2025
8,862,086
As at the 31st December 2025, the investment properties were revalued at market value. These were done by Mr M. D. Wells & Mr H. M. Wells, both of which are members of the Royal Institute of Chartered Surveyors.
Amounts falling due within one year
Trade debtors
14,582
19,037
Amounts due from group undertakings etc.
-
185,000
Accrued income and prepayments
8,734
9,319
Other debtors
40,135
29,347
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
59,852
74,405
Taxes and social security
132,320
102,020
Other creditors
41,578
29,347
8
Transactions with related parties
As at the 31st December 2025 within debtors, £nil ( 2024 - £185,000) was owed from a related party, for which the majority of directors have a participating interest in. This loan is interest free and is repayable on demand.
Manorgrove Estates Limited
Notes to the Accounts
for the year ended 31 December 2025
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).