REGISTERED NUMBER: 12783009 (England and Wales)

Manor Apartments CT20 Limited

Unaudited Financial Statements for the Year Ended 31 August 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D Gill

G Powar

REGISTERED OFFICE:

3 - 5 London Road

Rainham

Gillingham

Kent

ME8 7RG

REGISTERED NUMBER:

12783009 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

CURRENT ASSETS

Inventories

239,499

239,499

Debtors

4

-

36

Cash at bank

1,321

1,731

240,820

241,266

CREDITORS

Amounts falling due within one year

5

252,019

252,261

NET CURRENT LIABILITIES

(11,199

)

(10,995

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,199

)

(10,995

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(11,299

)

(11,095

)

SHAREHOLDERS' FUNDS

(11,199

)

(10,995

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 23 October 2026 and were signed on its behalf by:

G Powar - Director

1.	STATUTORY INFORMATION

Manor Apartments CT20 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.

The financial statements have been prepared adopting the going concern principle despite the balance sheet showing an excess of liabilities over assets of £11,299. The current liabilities include amounts of £220,750 owed to the directors. The director has indicated that amounts due will not be repayable by the company until cash flow and profitability allow.

Income recognition

Income represents the fair value of consideration received or receivable derived from the provision of services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it.

Inventories

The company is engaged in property development. Properties under development and completed properties held for sale are classified as inventories and are accounted for in accordance with Section 13 of FRS 102.

Development properties are measured at the lower of cost and net realisable value. Cost comprises purchase price of land and buildings, construction and development costs, professional fees, directly attributable borrowing costs, and other costs directly attributable to bringing the properties to their present location and condition.

Administrative expenses and selling costs are expensed as incurred unless they are directly attributable to the development activity.

Revenue from the sale of development properties is recognised at the point of legal completion, being when the significant risks and rewards of ownership transfer to the purchaser.

The cost of inventories is recognised in cost of sales in the period in which the related revenue is recognised. Any write-down of inventories to net realisable value is recognised immediately in profit or loss.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

36

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

118

250

Other creditors

251,901

252,011

252,019

252,261

6.	RELATED PARTY DISCLOSURES

At the year end, the company owed £29,950 (2024: £29,950) to DG Nivesa, a company with significant influence over the company through its shareholding and voting rights. The balance is interest free.