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Company Registration No. 07680078 (England and Wales)
Marina Bay Investments Limited Unaudited accounts for the year ended 31 December 2021
Marina Bay Investments Limited Unaudited accounts Contents
Page
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Marina Bay Investments Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
106,837 
120,148 
Investment property
1,124,787 
1,124,787 
1,231,624 
1,244,935 
Current assets
Debtors
(283)
(822)
Cash at bank and in hand
59,097 
62,214 
58,814 
61,392 
Creditors: amounts falling due within one year
(24,362)
(24,298)
Net current assets
34,452 
37,094 
Total assets less current liabilities
1,266,076 
1,282,029 
Creditors: amounts falling due after more than one year
(1,204,668)
(1,190,189)
Provisions for liabilities
Deferred tax
(20,185)
(17,635)
Net assets
41,223 
74,205 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
41,123 
74,105 
Shareholders' funds
41,223 
74,205 
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2022 and were signed on its behalf by
Mr I Dowling Director Company Registration No. 07680078
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Marina Bay Investments Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Marina Bay Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 07680078. The registered office is Upper Woodston, Newnham Bridge, Tenbury Wells, WR15 8NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Other tangible fixed assets
10% reducing balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2021
229,001 
79,108 
20,280 
328,389 
At 31 December 2021
229,001 
79,108 
20,280 
328,389 
Depreciation
At 1 January 2021
134,773 
56,783 
16,685 
208,241 
Charge for the year
9,423 
3,349 
539 
13,311 
At 31 December 2021
144,196 
60,132 
17,224 
221,552 
Net book value
At 31 December 2021
84,805 
18,976 
3,056 
106,837 
At 31 December 2020
94,228 
22,325 
3,595 
120,148 
5
Investment property
2021 
£ 
Fair value at 1 January 2021
1,124,787 
At 31 December 2021
1,124,787 
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Marina Bay Investments Limited Notes to the Accounts for the year ended 31 December 2021
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
(283)
(822)
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
- 
406 
Accruals
15,500 
15,030 
Deferred income
8,862 
8,862 
24,362 
24,298 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
535,556 
562,495 
Other creditors
669,112 
627,694 
1,204,668 
1,190,189 
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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