REGISTERED NUMBER: 02391705 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Manchester Square Properties Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M S Winkler

M J Winkler

SECRETARY:

M S Winkler

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

02391705 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investment property

4

9,000,000

7,398,101

CURRENT ASSETS

Debtors

5

204,986

901,198

Cash at bank

1,427

14,040

206,413

915,238

CREDITORS

Amounts falling due within one year

6

(931,312

)

(127,993

)

NET CURRENT (LIABILITIES)/ASSETS

(724,899

)

787,245

TOTAL ASSETS LESS CURRENT LIABILITIES

8,275,101

8,185,346

PROVISIONS FOR LIABILITIES

(113,996

)

(21,655

)

NET ASSETS

8,161,105

8,163,691

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

7

8,160,105

8,162,691

SHAREHOLDERS' FUNDS

8,161,105

8,163,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2026 and were signed on its behalf by:

M S Winkler - Director

1.	STATUTORY INFORMATION

Manchester Square 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.

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 represents amounts receivable for rent and service charge net of VAT. Rental income is recognised on an accrual basis. Service charge income is recognised when due.

Investment property

Investment properties are included at fair value. Any aggregate surplus or deficit arising from the changes in fair value is recognised on the income statement. Deferred taxation is provided on gains at the rate expected to apply when the property is sold.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

In common with other businesses, the impact of COVID-19 cannot be predicted with material certainty, however, the directors are confident that there will be minimal impact on the company as it is still operating as usual and will continue to do so for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

7,398,101

Additions

1,162,907

Revaluations

438,992

At 31 December 2025

9,000,000

NET BOOK VALUE

At 31 December 2025

9,000,000

At 31 December 2024

7,398,101

Fair value at 31 December 2025 is represented by:

£

Valuation in 2013

1,086,362

Valuation in 2015

583,751

Valuation in 2016

1,169,018

Valuation in 2018

1,391,550

Valuation in 2023

61,937

Valuation in 2025

138,718

Cost

4,568,664

9,000,000

If the property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

3,000,000

3,000,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

882,774

VAT

204,986

18,424

204,986

901,198

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

10,145

10,045

Amounts owed to group undertakings

790,733

-

Other creditors

87,500

87,500

Accruals and deferred income

42,934

30,448

931,312

127,993

7.

RESERVES

Included within retained earnings are non-distributable reserves amounting to £4,731,609 (2024: £4,292,618).

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.