Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-312022-06-01falseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 5799155 2022-06-01 2023-05-31 5799155 2021-06-01 2022-05-31 5799155 2023-05-31 5799155 2022-05-31 5799155 c:Director1 2022-06-01 2023-05-31 5799155 d:OfficeEquipment 2022-06-01 2023-05-31 5799155 d:FreeholdInvestmentProperty 2023-05-31 5799155 d:FreeholdInvestmentProperty 2022-05-31 5799155 d:FreeholdInvestmentProperty 2 2022-06-01 2023-05-31 5799155 d:CurrentFinancialInstruments 2023-05-31 5799155 d:CurrentFinancialInstruments 2022-05-31 5799155 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 5799155 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 5799155 d:ShareCapital 2023-05-31 5799155 d:ShareCapital 2022-05-31 5799155 d:RetainedEarningsAccumulatedLosses 2023-05-31 5799155 d:RetainedEarningsAccumulatedLosses 2022-05-31 5799155 c:FRS102 2022-06-01 2023-05-31 5799155 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 5799155 c:FullAccounts 2022-06-01 2023-05-31 5799155 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 5799155 d:OtherDeferredTax 2023-05-31 5799155 d:OtherDeferredTax 2022-05-31 5799155 f:PoundSterling 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 5799155









MARLEY JONES ESTATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
MARLEY JONES ESTATES LIMITED
REGISTERED NUMBER: 5799155

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
30,000
40,000

  
30,000
40,000

Current assets
  

Debtors: amounts falling due within one year
 5 
1,740
1,640

Cash at bank and in hand
 6 
20
12

  
1,760
1,652

Creditors: amounts falling due within one year
 7 
(1,207)
(1,746)

Net current assets/(liabilities)
  
 
 
553
 
 
(94)

Total assets less current liabilities
  
30,553
39,906

Provisions for liabilities
  

Deferred tax
 8 
(720)
(2,600)

  
 
 
(720)
 
 
(2,600)

Net assets
  
29,833
37,306


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
28,833
36,306

  
29,833
37,306


Page 1

 
MARLEY JONES ESTATES LIMITED
REGISTERED NUMBER: 5799155
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 February 2024.




Elaine Susan Cowley
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MARLEY JONES ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

The company is registered in England and its registered number is 5799155. The company is a private company limited by shares. Its registered office is 10 St. Stephens Avenue, Ashtead, Surrey, KT21 1PL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
MARLEY JONES ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% on written down value

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


Investment property


Freehold investment property

£



Valuation


At 1 June 2022
40,000


Surplus on revaluation
(10,000)



At 31 May 2023
30,000

The 2023 valuations were made by the director, on an open market value for existing use basis.





5.


Debtors

2023
2022
Page 4

 
MARLEY JONES ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.Debtors (continued)

£
£


Trade debtors
250
250

Other debtors
1,490
1,390

1,740
1,640



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
20
12

20
12



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and social security
152
150

Other creditors
530
546

Accruals and deferred income
525
1,050

1,207
1,746



8.


Deferred taxation




2023


£






At beginning of year
(2,600)


Credited to profit or loss
1,880



At end of year
(720)

Page 5

 
MARLEY JONES ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
 
8.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Tax on revalued investment property
(720)
(2,600)

(720)
(2,600)

 
Page 6