Company registration number 12953152 (England and Wales)
MARIA HOMES LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023
MARIA HOMES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
3 - 5
MARIA HOMES LTD
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 1 -
31 January 2023
31 October 2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
20,780
-
0
Investment property
4
534,683
-
0
555,463
-
0
Current assets
Debtors
5
7,500
248
Cash at bank and in hand
965
111,752
8,465
112,000
Creditors: amounts falling due within one year
6
(116,130)
(111,800)
Net current (liabilities)/assets
(107,665)
200
Total assets less current liabilities
447,798
200
Creditors: amounts falling due after more than one year
7
(450,000)
-
0
Net (liabilities)/assets
(2,202)
200
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
(2,402)
-
0
Total equity
(2,202)
200

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 25 October 2023 and are signed on its behalf by:
Robert Roth
Director
Company Registration No. 12953152
MARIA HOMES LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JANUARY 2023
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 15 October 2020
200
-
0
200
Year ended 31 October 2021:
Profit and total comprehensive income for the year
-
-
0
-
0
Balance at 31 October 2021
200
-
0
200
Period ended 31 January 2023:
Loss and total comprehensive income for the period
-
(2,402)
(2,402)
Issue of share capital
200
-
200
Balance at 31 January 2023
200
(2,402)
(2,202)
MARIA HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023
- 3 -
1
Accounting policies
Company information

Maria Homes Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 1, Tyseley Industrial Estate, Wharfdale Road, Birmingham, UK, B11 2DF.

1.1
Reporting period

The reporting period has been extended to the 15 month period to 31 January 2023. Comparative amounts are for the year to 31 October 2021.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.5
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
18% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

MARIA HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2023
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2023
2021
Number
Number
Total
2
-
0
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 November 2021
-
0
Additions
25,342
At 31 January 2023
25,342
Depreciation and impairment
At 1 November 2021
-
0
Depreciation charged in the period
4,562
At 31 January 2023
4,562
Carrying amount
At 31 January 2023
20,780
At 31 October 2021
-
0
4
Investment property
2023
£
Fair value
At 1 November 2021
-
0
Additions
534,683
At 31 January 2023
534,683
5
Debtors
2023
2021
Amounts falling due within one year:
£
£
Other debtors
7,500
248
MARIA HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2023
- 5 -
6
Creditors: amounts falling due within one year
2023
2021
£
£
Other creditors
116,130
111,800
7
Creditors: amounts falling due after more than one year
2023
2021
£
£
Other creditors
450,000
-
0
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Thomas Plimmer
Statutory Auditor:
AGS Accountants and Business Advisors Limited
9
Related Party Disclosures

As at 31 January 2023 the following balance, included in other creditors due more than one year, was due to related company:

 

Marion Trading Ltd: £450,000

 

The above balance is repayable on demand.

10
Ultimate Controlling Party

The controlling party is Marion Holdings Limited.

2023-01-312021-11-01false25 October 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityThis audit opinion is unqualifiedIonela RothRobert Roth129531522021-11-012023-01-31129531522023-01-31129531522021-10-3112953152core:FurnitureFittings2023-01-3112953152core:FurnitureFittings2021-10-3112953152core:CurrentFinancialInstrumentscore:WithinOneYear2023-01-3112953152core:CurrentFinancialInstrumentscore:WithinOneYear2021-10-3112953152core:Non-currentFinancialInstrumentscore:AfterOneYear2023-01-3112953152core:Non-currentFinancialInstrumentscore:AfterOneYear2021-10-3112953152core:ShareCapital2023-01-3112953152core:ShareCapital2021-10-3112953152core:RetainedEarningsAccumulatedLosses2023-01-3112953152core:RetainedEarningsAccumulatedLosses2021-10-3112953152core:ShareCapital2020-10-1412953152core:RetainedEarningsAccumulatedLosses2020-10-1412953152bus:Director22021-11-012023-01-3112953152core:RetainedEarningsAccumulatedLosses2020-10-152021-10-31129531522020-10-152021-10-3112953152core:RetainedEarningsAccumulatedLosses2021-11-012023-01-3112953152core:ShareCapital2021-11-012023-01-3112953152core:FurnitureFittings2021-11-012023-01-3112953152core:FurnitureFittings2021-10-31129531522021-10-3112953152core:WithinOneYear2023-01-3112953152core:WithinOneYear2021-10-3112953152core:CurrentFinancialInstruments2023-01-3112953152core:CurrentFinancialInstruments2021-10-3112953152core:Non-currentFinancialInstruments2023-01-3112953152core:Non-currentFinancialInstruments2021-10-3112953152bus:PrivateLimitedCompanyLtd2021-11-012023-01-3112953152bus:SmallCompaniesRegimeForAccounts2021-11-012023-01-3112953152bus:FRS1022021-11-012023-01-3112953152bus:Audited2021-11-012023-01-3112953152bus:Director12021-11-012023-01-3112953152bus:FullAccounts2021-11-012023-01-31xbrli:purexbrli:sharesiso4217:GBP