IRIS Accounts Production v23.3.1.45 00314975 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh003149752022-05-31003149752023-05-31003149752022-06-012023-05-31003149752021-05-31003149752021-06-012022-05-31003149752022-05-3100314975ns10:Originalns15:EnglandWales2022-06-012023-05-3100314975ns14:PoundSterlingns10:Original2022-06-012023-05-3100314975ns10:Originalns10:Director12022-06-012023-05-3100314975ns10:Original2022-06-012023-05-3100314975ns10:Original2023-05-3100314975ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3100314975ns10:Originalns10:SmallEntities2022-06-012023-05-3100314975ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3100314975ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3100314975ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3100314975ns10:Originalns10:AbridgedAccounts2022-06-012023-05-3100314975ns10:Originalns10:Director22022-06-012023-05-3100314975ns10:CompanySecretary1ns10:Original2022-06-012023-05-3100314975ns10:Originalns10:RegisteredOffice2022-06-012023-05-3100314975ns10:Original2022-05-3100314975ns10:Originalns5:CurrentFinancialInstruments2023-05-3100314975ns10:Originalns5:CurrentFinancialInstruments2022-05-3100314975ns5:ShareCapitalns10:Original2023-05-3100314975ns5:ShareCapitalns10:Original2022-05-3100314975ns10:Originalns5:RevaluationReserve2023-05-3100314975ns10:Originalns5:RevaluationReserve2022-05-3100314975ns10:Originalns5:CapitalRedemptionReserve2023-05-3100314975ns10:Originalns5:CapitalRedemptionReserve2022-05-3100314975ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2023-05-3100314975ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-05-3100314975ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3100314975ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3100314975ns10:Originalns5:LeaseholdImprovements2022-06-012023-05-3100314975ns10:Originalns5:FurnitureFittings2022-06-012023-05-3100314975ns10:Originalns5:ComputerEquipment2022-06-012023-05-3100314975ns10:Original2021-06-012022-05-3100314975ns10:Original2022-05-3100314975ns10:Originalns5:RevaluationReserve2022-05-31
REGISTERED NUMBER: 00314975 (England and Wales)



































Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Marston Bros Limited

Marston Bros Limited (Registered number: 00314975)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Marston Bros Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mrs K L Marston
J R Marston





SECRETARY: Mrs K L Marston





REGISTERED OFFICE: 2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS





REGISTERED NUMBER: 00314975 (England and Wales)





ACCOUNTANTS: Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS

Marston Bros Limited (Registered number: 00314975)

Abridged Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,143,217 3,143,720

CURRENT ASSETS
Debtors 20,418 20,012
Cash at bank and in hand 188,636 214,294
209,054 234,306
CREDITORS
Amounts falling due within one year (25,917 ) (31,756 )
NET CURRENT ASSETS 183,137 202,550
TOTAL ASSETS LESS CURRENT LIABILITIES 3,326,354 3,346,270

PROVISIONS FOR LIABILITIES (294,896 ) (294,994 )
NET ASSETS 3,031,458 3,051,276

CAPITAL AND RESERVES
Called up share capital 93,420 93,420
Investment revaluation reserve 5 2,004,886 2,004,886
Capital redemption reserve 56,580 56,580
Other reserves 360,000 360,000
Retained earnings 516,572 536,390
SHAREHOLDERS' FUNDS 3,031,458 3,051,276

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

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

Marston Bros Limited (Registered number: 00314975)

Abridged Balance Sheet - continued
31 May 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 November 2023 and were signed on its behalf by:





Mrs K L Marston - Director


Marston Bros Limited (Registered number: 00314975)

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

1. STATUTORY INFORMATION

Marston Bros 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents gross rental income receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Other tangible fixed assets - 15% on reducing balance
Computer equipment - 33% on cost

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 June 2022
and 31 May 2023 3,156,818
DEPRECIATION
At 1 June 2022 13,098
Charge for year 503
At 31 May 2023 13,601
NET BOOK VALUE
At 31 May 2023 3,143,217
At 31 May 2022 3,143,720

The historical cost of land and buildings was £808,820 (2019: £808,820).


Marston Bros Limited (Registered number: 00314975)

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

5. RESERVES
Investment
revaluation
reserve
£   
At 1 June 2022
and 31 May 2023 2,004,886