REGISTERED NUMBER: 02723167 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MAGENTA PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Egginton

Mrs S A Egginton

J A J Egginton

Miss A S Egginton

SECRETARY:

Mrs S A Eggington

REGISTERED OFFICE:

1 Chew Lodge

Tunbridge Road

Chew Magna

Bristol

BS40 8SX

REGISTERED NUMBER:

02723167 (England and Wales)

ACCOUNTANTS:

Keller & Co

367b Church Road

Frampton Cotterell

Bristol

BS36 2AQ

FIXED ASSETS

Tangible assets

4

864

486

Investment property

5

1,800,000

2,100,000

1,800,864

2,100,486

CURRENT ASSETS

Debtors

6

227,563

76,496

Cash at bank

57,390

264,183

284,953

340,679

CREDITORS

Amounts falling due within one year

7

(68,615

)

(68,792

)

NET CURRENT ASSETS

216,338

271,887

TOTAL ASSETS LESS CURRENT LIABILITIES

2,017,202

2,372,373

CREDITORS

Amounts falling due after more than one year

8

(3,483

)

(13,411

)

PROVISIONS FOR LIABILITIES

(155,224

)

(181,108

)

NET ASSETS

1,858,495

2,177,854

CAPITAL AND RESERVES

Called up share capital

4

4

Fair value reserve

10

465,481

543,062

Retained earnings

1,393,010

1,634,788

SHAREHOLDERS' FUNDS

1,858,495

2,177,854

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

A J Egginton - Director

1.	STATUTORY INFORMATION

MAGENTA 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

2,299

5,197

11,968

19,464

Additions

-

-

748

748

At 31 December 2025

2,299

5,197

12,716

20,212

DEPRECIATION

At 1 January 2025

2,098

4,912

11,968

18,978

Charge for year

50

71

249

370

At 31 December 2025

2,148

4,983

12,217

19,348

NET BOOK VALUE

At 31 December 2025

151

214

499

864

At 31 December 2024

201

285

-

486

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

2,100,000

Disposals

(300,000

)

At 31 December 2025

1,800,000

NET BOOK VALUE

At 31 December 2025

1,800,000

At 31 December 2024

2,100,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

724,082

Valuation in 2025

(103,440

)

Cost

1,179,358

1,800,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

227,563

76,496

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

59,850

59,923

Taxation and social security

520

269

Other creditors

8,245

8,600

68,615

68,792

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,483

13,411

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

63,333

73,334

The bank loan is secured on Homefield, 10 St Mary's Road, Portishead..

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

543,062

Revaluation reserve

(77,581

)

At 31 December 2025

465,481

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

A J Egginton

Balance outstanding at start of year

38,220

300,091

Amounts advanced

494,085

97,412

Amounts repaid

(414,433

)

(359,283

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

117,872

38,220

Mrs S A Egginton

Balance outstanding at start of year

38,033

301,184

Amounts advanced

493,027

97,332

Amounts repaid

(421,533

)

(360,483

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

109,527

38,033

J A J Egginton

Balance outstanding at start of year

(1,550

)

(1,050

)

Amounts advanced

1,500

-

Amounts repaid

(500

)

(500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(550

)

(1,550

)

Miss A S Egginton

Balance outstanding at start of year

(1,500

)

(1,000

)

Amounts repaid

(500

)

(500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,000

)

(1,500

)

12.	RELATED PARTY DISCLOSURES