REGISTERED NUMBER: 09336329 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Ma Kelly's Estates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

F Kelly

REGISTERED OFFICE:

215 Lytham Road

Blackpool

FY1 6ET

REGISTERED NUMBER:

09336329 (England and Wales)

ACCOUNTANTS:

Haywoods

2nd Floor

11A Institute Street

Bolton

BL1 1PZ

FIXED ASSETS

Investment property

4

1,035,000

1,035,000

CURRENT ASSETS

Debtors

5

184,259

81,388

CREDITORS

Amounts falling due within one year

6

(452,079

)

(413,440

)

NET CURRENT LIABILITIES

(267,820

)

(332,052

)

TOTAL ASSETS LESS CURRENT LIABILITIES

767,180

702,948

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

442,632

442,632

Retained earnings

324,448

260,216

SHAREHOLDERS' FUNDS

767,180

702,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 December 2025 and were signed by:

F Kelly - Director

1.	STATUTORY INFORMATION

Ma Kelly's Estates Ltd 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.

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 NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,035,000

NET BOOK VALUE

At 31 December 2024

1,035,000

At 31 December 2023

1,035,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

184,259

81,388

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

600

Amounts owed to associates

9,372

7,872

Taxation and social security

192,707

154,968

Other creditors

250,000

250,000

452,079

413,440

7.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

442,632

8.	RELATED PARTY DISCLOSURES

At the year end there was a loan outstanding to connected party totalling £184,258.54 (2023: £81,387). Interest has been charged at 2.25%.