REGISTERED NUMBER: 09662232 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 20 NOVEMBER 2025

FOR

MANISON DEVELOPMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P A Manison

SECRETARY:

Mrs R Manison

REGISTERED OFFICE:

44 St Peters Road

Pedmore

Stourbridge

West Midlands

DY9 0TX

REGISTERED NUMBER:

09662232 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Investment property

4

200,000

200,000

CURRENT ASSETS

Cash at bank

10,333

415

CREDITORS

Amounts falling due within one year

5

100,179

91,691

NET CURRENT LIABILITIES

(89,846

)

(91,276

)

TOTAL ASSETS LESS CURRENT LIABILITIES

110,154

108,724

CREDITORS

Amounts falling due after more than one year

6

(54,705

)

(58,427

)

PROVISIONS FOR LIABILITIES

8

(8,100

)

(8,100

)

NET ASSETS

47,349

42,197

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

34,560

34,560

Retained earnings

10

12,689

7,537

SHAREHOLDERS' FUNDS

47,349

42,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 20 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 20 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 September 2026 and were signed by:

P A Manison - Director

1.	STATUTORY INFORMATION

Manison Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 21 November 2024

and 20 November 2025

200,000

NET BOOK VALUE

At 20 November 2025

200,000

At 20 November 2024

200,000

Investment properties were revalued on an open market basis on the 20th November 2023 by the director. The director is of the opinion that £200,000 is the fair value at 20th November 2025.

Fair value at 20 November 2025 is represented by:

£

Valuation in 2023

42,660

Cost

157,340

200,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,127

2,256

Trade creditors

17,642

17,640

Taxation and social security

1,582

1,304

Other creditors

77,828

70,491

100,179

91,691

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

54,705

58,427

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

57,832

60,683

Bank borrowings are secured by a legal mortgage over the freehold property known as 7 & 21 Wendover Road, Rowley Regis and a fixed and floating charge over all assets of the Company.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

8,100

8,100

Deferred

tax

£

Balance at 21 November 2024

8,100

Balance at 20 November 2025

8,100

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1.00

100

100

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 21 November 2024

7,537

34,560

42,097

Profit for the year

5,652

5,652

Dividends

(500

)

(500

)

At 20 November 2025

12,689

34,560

47,249

Deferred tax provisions of £8100 are provided against the investment property revaluation and included in the Non-distributable fair value reserve.