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REGISTERED NUMBER: 08458300 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

Marick Capital Ltd

Marick Capital Ltd (Registered number: 08458300)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Marick Capital Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N H Pope
N P Sinfield
N L Lenthall



REGISTERED OFFICE: Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA



REGISTERED NUMBER: 08458300 (England and Wales)



ACCOUNTANTS: Barnbrook Sinclair
Chartered Accountants
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA



FCA REGISTRATION NUMBER: 600131

Marick Capital Ltd (Registered number: 08458300)

Statement of Financial Position
31 December 2023

31/12/23 31/12/22
Notes £    £   
FIXED ASSETS
Investments 5 100 100

CURRENT ASSETS
Debtors 6 199,912 198,056
Cash at bank 324,350 365,110
524,262 563,166
CREDITORS
Amounts falling due within one year 7 (95,990 ) (88,481 )
NET CURRENT ASSETS 428,272 474,685
TOTAL ASSETS LESS CURRENT
LIABILITIES

428,372

474,785

CAPITAL AND RESERVES
Called up share capital 125,000 125,000
Retained earnings 303,372 349,785
SHAREHOLDERS' FUNDS 428,372 474,785

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:





N H Pope - Director


Marick Capital Ltd (Registered number: 08458300)

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

1. STATUTORY INFORMATION

Marick Capital Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Marick Capital Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less provision for any impairment in value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

The company is part of a tax group for certain aspects of tax legislation. One of these aspects relates to group relief whereby current tax liabilities can be offset by current tax losses arising in other companies within the same tax group. No payment is made within the group for any tax benefit obtained under these arrangements.


Marick Capital Ltd (Registered number: 08458300)

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

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 January 2023
and 31 December 2023 100
Net book value
At 31 December 2023 100
At 31 December 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 34,185 32,248
Amounts owed by group undertakings 150,000 150,000
Other debtors 15,727 15,808
199,912 198,056

The amounts due from group undertakings are repayable on demand and do not bear interest.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 89 746
Amounts owed to group undertakings 22,417 18,223
Taxation and social security 50,860 48,881
Other creditors 22,624 20,631
95,990 88,481

Marick Capital Ltd (Registered number: 08458300)

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

8. ULTIMATE CONTROLLING PARTY

The immediate parent company is Marick Real Estate Limited, a company incorporated in England and Wales with a registered office at Chancery House, 30 St Johns Road, Woking, Surrey, GU21 7SA. The ultimate parent company and controlling party is Marick Trustee Limited, a company incorporated in England and Wales with a registered office at Chancery House, 30 St Johns Road, Woking, Surrey, GU21 7SA. Marick Trustee Limited hold the shares in Marick Real Estate Limited as trustee for the Marick Real Estate Employee Share Ownership Trust, an employee ownership trust established in the United Kingdom for the benefit of the employees of Marick Real Estate Limited.