REGISTERED NUMBER: 11455504 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2026

FOR

ELIZABETH MAGGIE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss J Dron

I McBain

REGISTERED OFFICE:

881 London Road

Westcliff on Sea

SS0 9SZ

REGISTERED NUMBER:

11455504 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

1,750

1,750

Investment property

5

2,330,000

2,476,000

2,331,750

2,477,750

CURRENT ASSETS

Debtors

6

62,494

1,874

Cash at bank

14,964

12,741

77,458

14,615

CREDITORS

Amounts falling due within one year

7

353,748

25,582

NET CURRENT LIABILITIES

(276,290

)

(10,967

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,055,460

2,466,783

CREDITORS

Amounts falling due after more than one year

8

(1,571,517

)

(1,778,539

)

PROVISIONS FOR LIABILITIES

(117,452

)

(153,952

)

NET ASSETS

366,491

534,292

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

10

352,355

461,855

Retained earnings

14,134

72,435

SHAREHOLDERS' FUNDS

366,491

534,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

Miss J Dron - Director

I McBain - Director

1.	STATUTORY INFORMATION

Elizabeth Maggie Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 August 2025

and 31 July 2026

1,750

NET BOOK VALUE

At 31 July 2026

1,750

At 31 July 2025

1,750

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2025

2,476,000

Revaluations

(146,000

)

At 31 July 2026

2,330,000

NET BOOK VALUE

At 31 July 2026

2,330,000

At 31 July 2025

2,476,000

Fair value at 31 July 2026 is represented by:

£

Valuation in 2020

21,225

Valuation in 2021

10,000

Valuation in 2022

25,000

Valuation in 2025

559,582

Valuation in 2026

(146,000

)

Cost

1,860,193

2,330,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

61,450

-

Prepayments

1,044

1,874

62,494

1,874

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

351,948

-

Tax

-

23,782

Accrued expenses

1,800

1,800

353,748

25,582

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

128

881

Bank loans more 5 yrs non-inst

1,458,776

1,421,676

Directors' loan accounts

112,613

355,982

1,571,517

1,778,539

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,458,776

1,421,676

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

1,458,904

1,422,557

The mortgage loans are secured on the properties to which they relate.

10.

RESERVES

Fair

value

reserve

£

At 1 August 2025

461,855

Revaluation

(146,000

)

Deferred tax

36,500

At 31 July 2026

352,355