REGISTERED NUMBER: 16336729 (England and Wales)

Unaudited Financial Statements

for the Period 24 March 2025 to 31 March 2026

for

MCGREAL PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr N S Mcgreal

REGISTERED OFFICE:

Enterprise House

The Courtyard

Old Court House Road

Bromborough

Wirral

CH62 4UE

REGISTERED NUMBER:

16336729 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Investment property

4

189,000

CURRENT ASSETS

Cash at bank

3,006

CREDITORS

Amounts falling due within one year

5

67,500

NET CURRENT LIABILITIES

(64,494

)

TOTAL ASSETS LESS CURRENT LIABILITIES

124,506

CREDITORS

Amounts falling due after more than one year

6

(130,450

)

PROVISIONS FOR LIABILITIES

(2,064

)

NET LIABILITIES

(8,008

)

CAPITAL AND RESERVES

Called up share capital

7

1

Revaluation reserve

8

6,192

Retained earnings

8

(14,201

)

SHAREHOLDERS' FUNDS

(8,008

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 30 October 2026 and were signed by:

Mr N S Mcgreal - Director

1.	STATUTORY INFORMATION

McGreal Properties Ltd 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

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's director.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

180,744

Revaluations

8,256

At 31 March 2026

189,000

NET BOOK VALUE

At 31 March 2026

189,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

8,256

Cost

180,744

189,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

67,500

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

129,400

Other creditors

1,050

130,450

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

129,400

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

ordinary

£1

1

1 ordinary share of £1 was allotted and fully paid for cash at par during the period.

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

Deficit for the period

(14,201

)

(14,201

)

Property revaluation

-

8,256

8,256

Deferred taxation

-

(2,064

)

(2,064

)

At 31 March 2026

(14,201

)

6,192

(8,009

)

9.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £66,250 relating to Mr N McGreal directors loan account.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N S Mcgreal.