Company Registration No. 04512913 (England and Wales)
Marquis Homes Limited
Unaudited accounts
for the year ended 31 August 2023
Marquis Homes Limited
Unaudited accounts
Contents
Marquis Homes Limited
Company Information
for the year ended 31 August 2023
Company Number
04512913 (England and Wales)
Registered Office
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Accountants
King & Taylor
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Marquis Homes Limited
Statement of financial position
as at 31 August 2023
Inventories
477,772
477,772
Cash at bank and in hand
599
-
Creditors: amounts falling due within one year
(475,911)
(473,842)
Net current assets
2,906
4,355
Called up share capital
10,000
10,000
Profit and loss account
(7,094)
(5,645)
Shareholders' funds
2,906
4,355
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Mr M Clarke
Director
Company Registration No. 04512913
Marquis Homes Limited
Notes to the Accounts
for the year ended 31 August 2023
Marquis Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 04512913. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
Accrued income and prepayments
446
425
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
31
Loans from directors
474,430
472,930
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).