REGISTERED NUMBER: 05760160 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

MCKENNA PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

F M Mckenna

K A McKenna

SECRETARY:

K A McKenna

REGISTERED OFFICE:

Linden Lea 14 Brook End

Weston Turville

Aylesbury

Buckinghamshire

HP22 5RF

REGISTERED NUMBER:

05760160 (England and Wales)

ACCOUNTANTS:

Martin and Company

Two Brewers House

50 North Street

Thame

Oxfordshire

OX9 3BH

FIXED ASSETS

Tangible assets

4

4,209,401

4,215,535

CURRENT ASSETS

Debtors

5

232,521

27,376

Cash at bank

898,052

1,070,418

1,130,573

1,097,794

CREDITORS

Amounts falling due within one year

6

74,171

56,645

NET CURRENT ASSETS

1,056,402

1,041,149

TOTAL ASSETS LESS CURRENT LIABILITIES

5,265,803

5,256,684

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

5,265,773

5,256,654

SHAREHOLDERS' FUNDS

5,265,803

5,256,684

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 24th November 2025 and were signed on its behalf by:

K A McKenna - Director

1.	STATUTORY INFORMATION

McKenna Properties 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.

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.

Turnover

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

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

-

not provided

Plant and machinery

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1st April 2024

4,056,792

120,000

46,925

Additions

3,224

-

385

At 31st March 2025

4,060,016

120,000

47,310

DEPRECIATION

At 1st April 2024

-

-

18,449

Charge for year

-

-

7,215

At 31st March 2025

-

-

25,664

NET BOOK VALUE

At 31st March 2025

4,060,016

120,000

21,646

At 31st March 2024

4,056,792

120,000

28,476

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

22,489

1,593

4,247,799

Additions

-

-

3,609

At 31st March 2025

22,489

1,593

4,251,408

DEPRECIATION

At 1st April 2024

13,002

813

32,264

Charge for year

2,372

156

9,743

At 31st March 2025

15,374

969

42,007

NET BOOK VALUE

At 31st March 2025

7,115

624

4,209,401

At 31st March 2024

9,487

780

4,215,535

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

233

1,539

Other debtors

232,288

25,837

232,521

27,376

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,199

18,058

Taxation and social security

48,591

22,928

Other creditors

10,381

15,659

74,171

56,645