Registration number: 15636522

Maricopa Estates Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9
Loans and borrowings	9

Maricopa Estates Ltd

Company Information

Director

Sarah Ama Southwood-Evans

Registered office

Bishop House 10 Wheat Street Brecon Powys LD3 7DG

Accountants

W J James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG

Maricopa Estates Ltd

(Registration number: 15636522)
Balance Sheet as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	27,935	80,148
Investment property	5	351,000	299,649
		378,935	379,797
Current assets
Debtors	6	10,190	-
Cash at bank and in hand		32,719	4,511
		42,909	4,511
Creditors: Amounts falling due within one year	7	(184,092)	(159,545)
Net current liabilities		(141,183)	(155,034)
Total assets less current liabilities		237,752	224,763
Creditors: Amounts falling due after more than one year	7	(203,036)	(238,827)
Net assets/(liabilities)		34,716	(14,064)
Capital and reserves
Called up share capital	8	10	10
Other reserves		(51,351)	-
Retained earnings		86,057	(14,074)
Shareholders' funds/(deficit)		34,716	(14,064)

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 October 2026
 

Maricopa Estates Ltd

(Registration number: 15636522)
Balance Sheet as at 30 April 2026

......................................... Sarah Ama Southwood-Evans Director

Maricopa Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

These financial statements were authorised for issue by the director on 21 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Maricopa Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Asset class	Depreciation method and rate
Improvements to property	Nil
Fixtures and fittings	20% on cost

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Maricopa Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2025 - 0).

Maricopa Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Total £
Cost or valuation
At 1 May 2025	12,000	86,368	98,368
Additions	5,878	-	5,878
Disposals	-	(69,295)	(69,295)
At 30 April 2026	17,878	17,073	34,951
Depreciation
At 1 May 2025	-	18,220	18,220
Charge for the year	-	3,414	3,414
Eliminated on disposal	-	(14,618)	(14,618)
At 30 April 2026	-	7,016	7,016
Carrying amount
At 30 April 2026	17,878	10,057	27,935
At 30 April 2025	12,000	68,148	80,148

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of freehold land and buildings and £17,878 (2025 - £12,000) in respect of long leasehold land and buildings.
 

5	Investment properties

	2026 £
At 1 May	299,649
Fair value adjustments	51,351
At 30 April	351,000

The valuation of investment properties on 30 April 2026 were provided by Sarah Southwood-Evans who is internal to the company. The basis of the valuation was an open market value by the director.
There has been no valuation of investment property by an independant valuer.

Maricopa Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

6

Debtors

Current	2026 £	2025 £
Other debtors	10,190	-
	10,190	-

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	-	13,751
Accruals and deferred income		700	-
Other creditors		183,392	145,794
		184,092	159,545

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	203,036	238,827

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £0.01 each	1	-	1	-
Ordinary A of £0.01 each	700	7	700	7
Ordinary B of £0.01 each	300	3	300	3
	1,001	10	1,001	10

Maricopa Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	203,036	205,109
Hire purchase contracts	-	33,718
	203,036	238,827

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	-	7,751
Other borrowings	-	6,000
	-	13,751