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REGISTERED NUMBER: 12121761 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Marchina Limited

Marchina Limited (Registered number: 12121761)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marchina Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: C M Simmons
Mrs M Simmons





REGISTERED OFFICE: 12a Marlborough Place
BRIGHTON
East Sussex
BN1 1WN





REGISTERED NUMBER: 12121761 (England and Wales)





ACCOUNTANTS: Clarke Goodhand Smith Limited
12a Marlborough Place
BRIGHTON
East Sussex
BN1 1WN

Marchina Limited (Registered number: 12121761)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 645 246

CURRENT ASSETS
Debtors 5 8,400 3,990
Cash at bank and in hand 326,313 300,980
334,713 304,970
CREDITORS
Amounts falling due within one
year

6

92,724

101,171
NET CURRENT ASSETS 241,989 203,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,634

204,045

PROVISIONS FOR LIABILITIES 7 134 47
NET ASSETS 242,500 203,998

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 242,400 203,898
SHAREHOLDERS' FUNDS 242,500 203,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

Marchina Limited (Registered number: 12121761)

Balance Sheet - continued
31 July 2023


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 10 October 2023 and were signed on its behalf by:





C M Simmons - Director


Marchina Limited (Registered number: 12121761)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Marchina 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.
Computer equipment - 33% on cost

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.

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 (2022 - 2 ) .

Marchina Limited (Registered number: 12121761)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2022 2,523
Additions 953
At 31 July 2023 3,476
DEPRECIATION
At 1 August 2022 2,277
Charge for year 554
At 31 July 2023 2,831
NET BOOK VALUE
At 31 July 2023 645
At 31 July 2022 246

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 8,400 3,990

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Tax 21,306 41,583
VAT 2,820 2,388
Other creditors 67,800 56,400
Accrued expenses 798 800
92,724 101,171

7. PROVISIONS FOR LIABILITIES
31.7.23 31.7.22
£    £   
Deferred tax 134 47

Deferred
tax
£   
Balance at 1 August 2022 47
Capital allowances 87
Balance at 31 July 2023 134

Marchina Limited (Registered number: 12121761)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
50 A £1 50 50
50 B £1 50 50
100 100

9. RESERVES
Retained
earnings
£   

At 1 August 2022 203,898
Profit for the year 84,077
Dividends (45,575 )
At 31 July 2023 242,400