REGISTERED NUMBER: 14378288 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st July 2026

for

Mannion Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L R Mannion

Mr T Mannion

REGISTERED OFFICE:

Unit 6 Thornbury Office Park

Midland Way

Thornbury

Bristol

BS35 2BS

REGISTERED NUMBER:

14378288 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investments

4

405,020

405,020

Investment property

5

320,587

146,710

725,607

551,730

CURRENT ASSETS

Debtors

6

259,178

200,644

Cash at bank

7

50,027

87,837

309,205

288,481

CREDITORS

Amounts falling due within one year

8

935,391

832,196

NET CURRENT LIABILITIES

(626,186

)

(543,715

)

TOTAL ASSETS LESS CURRENT LIABILITIES

99,421

8,015

CREDITORS

Amounts falling due after more than one year

9

98,291

-

NET ASSETS

1,130

8,015

CAPITAL AND RESERVES

Called up share capital

12

1,000

1,000

Fair value reserve

13

(36,710

)

-

Retained earnings

13

36,840

7,015

SHAREHOLDERS' FUNDS

1,130

8,015

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2026 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 30th October 2026 and were signed on its behalf by:

Mrs L R Mannion - Director

1.	STATUTORY INFORMATION

Mannion Holdings 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

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.

The financial statements are presented in Pounds Sterling (£), which is the Company's functional and presentation currency.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.

The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

The following are the critical judgements and key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year:

Impairment of trade & other debtors - The Company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment, management considers factors including the ageing profile of debtors and historical experience.

Valuation of investment property - Investment property is measured at fair value, with changes recognised in profit or loss. The valuation is based on market conditions and may involve the use of external valuers and assumptions regarding yields and rental income.

Turnover

Turnover represents rental income receivable from investment properties and is recognised on a straight-line basis over the term of the lease.

All turnover is derived from customers based in the United Kingdom.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'.

Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets: Short-term debtors are measured at transaction price, less any impairment. Loans receivable are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities: Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method.

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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the Company's financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st August 2025

and 31st July 2026

405,020

NET BOOK VALUE

At 31st July 2026

405,020

At 31st July 2025

405,020

The company's investments at the Balance Sheet date in the share capital of companies include the following:

X-Press Legal Services (London) Ltd

Registered office: United Kingdom

Nature of business: Management consultancy activities

%

Class of shares:

holding

Ordinary

100.00

X-Press Legal Services (Wessex) Ltd

Registered office: United Kingdom

Nature of business: Management consultancy activities

%

Class of shares:

holding

Ordinary

100.00

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st August 2025

146,710

Additions

210,587

Revaluations

(36,710

)

At 31st July 2026

320,587

NET BOOK VALUE

At 31st July 2026

320,587

At 31st July 2025

146,710

Fair value at 31st July 2026 is represented by:

£

Valuation in 2026

(36,710

)

Cost

357,297

320,587

If the investment property had not been revalued it would have been included at the following historical cost:

31.7.26

31.7.25

£

£

Cost

357,297

192,074

The investment property was valued on an open market basis on 31st July 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Amounts owed by group undertakings

258,144

200,644

Tax

743

-

Prepayments

291

-

259,178

200,644

7.	CASH AT BANK

Cash comprises cash in hand and demand deposits. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Bank loans and overdrafts

4,724

-

Trade creditors

237

1,233

Amounts owed to group undertakings

533,480

433,480

Tax

-

743

VAT

119

-

Directors' current accounts

395,149

395,149

Accrued expenses

1,682

1,591

935,391

832,196

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.26

31.7.25

£

£

Bank loans - 1-2 years

5,001

-

Bank loans - 2-5 years

16,832

-

Bank loans more 5 yr by instal

76,458

-

98,291

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

76,458

-

10.	LEASING AGREEMENTS

The Company had no material commitments under non-cancellable operating leases at the balance sheet date.

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.26

31.7.25

£

£

Bank loans

103,015

-

The Company's bank loan is secured by a fixed and floating charge over the assets of the Company.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.26

31.7.25

value:

£

£

520

A Ordinary

£1

520

520

480

B Ordinary

£1

480

480

1,000

1,000

13.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st August 2025

7,015

-

7,015

Profit for the year

56,678

56,678

Dividends

(63,563

)

(63,563

)

Assets revalued in period

36,710

(36,710

)

-

At 31st July 2026

36,840

(36,710

)

130

14.	CONTINGENT LIABILITIES

The Company had no contingent liabilities at the balance sheet date.

15.	RELATED PARTY DISCLOSURES

During the year, the company entered into the following transactions with related parties:

Directors' loan account:

At the year end, the company owed £395,149 (2025: £395,149) to the directors. The balance is unsecured, interest-free and repayable on demand.

Transactions with group undertakings:

At the year end, the following balances were outstanding with group undertakings:

£425,000 (2025: £367,500) owed to X-Press Legal Services (Wessex) Ltd.

£108,480 (2025: £65,980) owed to X-Press Legal Services (London) Ltd.

£258,144 (2025: £200,644) owed from Mannion Property Management Ltd.

These balances are unsecured, interest-free and repayable on demand.

16.	POST BALANCE SHEET EVENTS

There have been no material events after the balance sheet date requiring disclosure in these financial statements.

17.	ULTIMATE CONTROLLING PARTY

Mrs Linda Rosemary Mannion and Mr Thomas Mannion are the company's ultimate controlling parties.