REGISTERED NUMBER: 08163087 (England and Wales)

MEGACANDY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

T J Boardman

SECRETARY:

T J Boardman

REGISTERED OFFICE:

Unit 11-13 Blackthorn Way

Five Mile Business Park

Five Mile Lane, Washingborough

Lincoln

Lincolnshire

LN4 1BF

REGISTERED NUMBER:

08163087 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

3,251

3,825

Investment property

5

955,000

955,000

958,251

958,825

CURRENT ASSETS

Debtors

6

6,048

11,506

Cash at bank

26,584

6,333

32,632

17,839

CREDITORS

Amounts falling due within one year

7

604,471

617,296

NET CURRENT LIABILITIES

(571,839

)

(599,457

)

TOTAL ASSETS LESS CURRENT LIABILITIES

386,412

359,368

PROVISIONS FOR LIABILITIES

60,415

58,269

NET ASSETS

325,997

301,099

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

178,806

178,806

Retained earnings

147,091

122,193

SHAREHOLDERS' FUNDS

325,997

301,099

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 28 September 2026 and were signed by:

T J Boardman - Director

1.	STATUTORY INFORMATION

Megacandy 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.

Tangible fixed assets

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

Land and buildings

-

15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 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.

Income recognition

Rental income is included as the company's right to receive payment is established.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 May 2025

and 30 April 2026

4,500

DEPRECIATION

At 1 May 2025

675

Charge for year

574

At 30 April 2026

1,249

NET BOOK VALUE

At 30 April 2026

3,251

At 30 April 2025

3,825

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

955,000

NET BOOK VALUE

At 30 April 2026

955,000

At 30 April 2025

955,000

Fair value at 30 April 2026 is represented by:

£

Valuation in 2024

238,408

Cost

716,592

955,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

4,828

9,351

Other debtors

1,220

2,155

6,048

11,506

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

88,354

Trade creditors

835

3,105

Amounts owed to group undertakings

581,176

511,176

Taxation and social security

9,300

1,415

Other creditors

13,160

13,246

604,471

617,296

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

-

88,354

A legal charge over Plot 20 and Plot 26 Five Mile Lane Business Park Five Mile Lane Washingborough Lincoln was held by Barclays Security Trustee Limited for the benefit of Barclays Bank UK PLC, Barclays Bank PLC and Barclays Mercantile Business Finance Limited.This charge was satisfied on 12 November 2025.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100