REGISTERED NUMBER: 01924651 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

THE MANOR FIELDS ESTATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Blake-Milton

J R D Chrastek

K R Dastur

C Morton

S Sharma

J M Davis

SECRETARY:

Epmg Legal Limited

REGISTERED OFFICE:

c/o Encore Estates Management Limited

2 Hills Road

Cambridge

Cambridgeshire

CB2 1JP

REGISTERED NUMBER:

01924651 (England and Wales)

AUDITORS:

TC Group, Statutory Auditor

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

FIXED ASSETS

Tangible assets

4

364,613

351,045

CURRENT ASSETS

Debtors

5

16,275

9,721

Cash at bank

6

464,758

541,957

481,033

551,678

CREDITORS

Amounts falling due within one year

7

91,820

145,603

NET CURRENT ASSETS

389,213

406,075

TOTAL ASSETS LESS CURRENT LIABILITIES

753,826

757,120

CAPITAL AND RESERVES

Called up share capital

8

216

215

Retained earnings

753,610

756,905

SHAREHOLDERS' FUNDS

753,826

757,120

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 22 October 2026 and were signed on its behalf by:

C Morton - Director

K R Dastur - Director

1.	STATUTORY INFORMATION

The Manor Fields Estate 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.

There were no material departures from this standard.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rents receivable:

Revenue represents rents and ground rents receivable from flats, garages and parking spaces. Revenue is recognised as rent accrues.

Lease extensions:

Revenue from lease extensions is recognised on completion as operating income. Costs in relation to the extension are set against the income to show a net profit.

Tangible fixed assets

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

Freehold property

-

10% on cost

Fixtures and fittings

-

10% on cost

Tangible fixed assets are initially recorded at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use.

Financial instruments

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Basic financial liabilities, including trade and other payables, and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables 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 payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 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 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.

Judgements in applying accounting policies

The directors have applied their judgement in assessing that the expected residential value of the freehold property is at least equal to cost and that no depreciation should be applied to the asset. No other key judgements or key sources of estimation have been identified by the directors.

Going concern

As at the point of authorising the accounts, and for the foreseeable future, the directors consider the going concern assumption to still be appropriate. The directors acknowledge that given the rapidly changing business and social environment, there are likely to be significant unknown factors which may present themselves. Such factors are considered by the directors to represent a general inherent level of risk in relation to the going concern assumption albeit not quantifiable at this time.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 April 2025

395,749

69,149

464,898

Additions

-

17,243

17,243

At 31 March 2026

395,749

86,392

482,141

DEPRECIATION

At 1 April 2025

48,093

65,760

113,853

Charge for year

-

3,675

3,675

At 31 March 2026

48,093

69,435

117,528

NET BOOK VALUE

At 31 March 2026

347,656

16,957

364,613

At 31 March 2025

347,656

3,389

351,045

Included in land and buildings is freehold land at cost of £12,020 (2024- £12,020) which is not depreciated.

Similarly no depreciation is charged on the residential buildings as these are fully maintained under terms of the leases and the directors consider that their current market values are in excess of the original costs.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

10,179

8,543

Other debtors

4,049

-

Prepayments and accrued income

2,047

1,178

16,275

9,721

6.	CASH AT BANK

The bank account is interest bearing and held separately in trust by the managing agent and in compliance with Section 42 of the Landlord and Tenant Act 1987. The bank account details are listed below:

Bank Account Name:- The Manor Fields Estate Limited

Bank Name and Address:- HSBC Bank plc, 172 Upper Richmond Road, Putney, London, SW15 2SH

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,047

15,995

Corporation tax

5,079

4,990

Other creditors

73,834

61,746

Accruals and deferred income

10,860

62,872

91,820

145,603

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

216

Ordinary

£1

216

215

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rebecca Pickard FCCA (Senior Statutory Auditor)

for and on behalf of TC Group, Statutory Auditor

10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party by reference to shareholdings.

11.	SERVICE CHARGES

The company is responsible for the management of The Manor Fields Estate, Putney Hill, London, SW15 3NE and collects service charges from lessees in order to fund expenditure incurred in the management and upkeep of the property. These service charge funds are held in trust for the lessees in accordance with the Landlord & Tenant Act 1987. Such transactions are reported separately to the lessees and excluded from the company's financial statements.

An amount of £27,409 (2025 £17,218) is owed from the company to the service charge funds at the year end date.