Company Registration No. 06967679 (England and Wales)
Deansgate M5 Limited
Unaudited accounts
for the period from 2 November 2024 to 31 October 2025
Deansgate M5 Limited
Unaudited accounts
Contents
Deansgate M5 Limited
Company Information
for the period from 2 November 2024 to 31 October 2025
Company Number
06967679 (England and Wales)
Registered Office
C/O A X T Accountants
5300 Lakeside
Cheadle
Cheshire
SK8 3GP
England
Deansgate M5 Limited
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
19,530
-
Creditors: amounts falling due within one year
(288,103)
(151,472)
Net current liabilities
(41,315)
(151,472)
Total assets less current liabilities
7,139
(151,472)
Creditors: amounts falling due after more than one year
(140,018)
-
Net liabilities
(132,879)
(151,472)
Called up share capital
2
2
Profit and loss account
(132,881)
(151,474)
Shareholders' funds
(132,879)
(151,472)
For the period ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 October 2026 and were signed on its behalf by
Richard Lawrence
Director
Company Registration No. 06967679
Deansgate M5 Limited
Notes to the Accounts
for the period from 2 November 2024 to 31 October 2025
Deansgate M5 Limited is a private company, limited by shares, registered in England and Wales, registration number 06967679. The registered office is C/O A X T Accountants, 5300 Lakeside, Cheadle, Cheshire, SK8 3GP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
Turnover represents amounts receivable, net of VAT, from property transactions and related activities. Revenue from property disposals is recognised on legal completion. Other property-related income is recognised when the company's entitlement to the income has been established and the relevant contractual obligations have been performed.
Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes expenditure directly attributable to bringing the inventories to their present location and condition. Development project expenditure is carried as work in progress until disposal or recovery. Motor vehicles acquired for resale are included within inventories and are reviewed for impairment at each reporting date.
Hire purchase and finance arrangements
Assets acquired under hire purchase and similar finance arrangements are recognised at the lower of their fair value and the present value of the minimum payments. The corresponding obligations are included within creditors. Finance charges are allocated over the term of the arrangements so as to produce a constant periodic rate of interest on the outstanding liability. Assets acquired for resale under such arrangements are included within inventories.
At 31 October 2025 the company had net liabilities of £132,871 and net current liabilities of £41,307. The financial statements have nevertheless been prepared on a going concern basis. The director has considered the company's expected trading, cash flows and financial requirements for a period of at least twelve months from the date of approval of these financial statements and intends to continue to provide financial support to the company and not seek repayment of amounts due to him to the extent that this would prejudice the company's ability to meet its liabilities as they fall due. On this basis, the director considers that the company has adequate resources to continue in operational existence for the foreseeable future.
Deansgate M5 Limited
Notes to the Accounts
for the period from 2 November 2024 to 31 October 2025
4
Tangible fixed assets
Motor vehicles
Charge for the period
5,634
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
11,981
-
Taxes and social security
8
-
Other creditors
97,470
35,500
Loans from directors
126,569
100,029
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
140,018
-
The obligations under finance leases and hire purchase contracts are secured on the motor vehicles to which they relate.
Deansgate M5 Limited
Notes to the Accounts
for the period from 2 November 2024 to 31 October 2025
9
Transactions with related parties
At 31 October 2025, the company owed Richard Lawrence, a director, £126,569 (2024: £100,029). The balance is unsecured, interest-free and repayable on demand.
10
Average number of employees
During the period the average number of employees was 0 (2024: 0).