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REGISTERED NUMBER: 11049589 (England and Wales)















The Storran Gallery Limited

Previously known as
Marques Heritage Limited

Unaudited Financial Statements

for the Year Ended 31st March 2024






The Storran Gallery Limited (Registered number: 11049589)
previously known as Marques Heritage Limited






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


The Storran Gallery Limited
previously known as Marques Heritage Limited

Company Information
for the year ended 31st March 2024







DIRECTOR: B Hamid





REGISTERED OFFICE: 16 South Square
London
United Kingdom
NW11 7AL





REGISTERED NUMBER: 11049589 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

The Storran Gallery Limited (Registered number: 11049589)
previously known as Marques Heritage Limited

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank - 1

CREDITORS
Amounts falling due within one year 5 35,167 34,193
NET CURRENT LIABILITIES (35,167 ) (34,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,167

)

(34,192

)

CREDITORS
Amounts falling due after more than one
year

6

1,828

2,185
NET LIABILITIES (36,995 ) (36,377 )

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings (36,996 ) (36,378 )
SHAREHOLDERS' FUNDS (36,995 ) (36,377 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd July 2024 and were signed by:





B Hamid - Director


The Storran Gallery Limited (Registered number: 11049589)
previously known as Marques Heritage Limited

Notes to the Financial Statements
for the year ended 31st March 2024

1. STATUTORY INFORMATION

The Storran Gallery 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 (£).


The principal activity of the company in the year under review was that of vehicle storage.

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.

These financial statements have been prepared on the going concern basis as the company meets its day to day working capital requirement through the support of its directors, who has confirmed their continuing support for a period of twelve months following approval of these financial statements.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 356 354
Other creditors 34,811 33,839
35,167 34,193

The Storran Gallery Limited (Registered number: 11049589)
previously known as Marques Heritage Limited

Notes to the Financial Statements - continued
for the year ended 31st March 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,828 2,185

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 312 678

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

8. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2024 or 31st March 2023.

9. CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2024 or 31st March 2023.