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Company Registration No. 14031259 (England and Wales)
Marvelet Ltd Rental Accounts for the year ended 31 March 2024
Marvelet Ltd Rental Accounts Contents
Page
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Marvelet Ltd Company Information for the year ended 31 March 2024
Director
Mr Aswin Adapa
Company Number
14031259 (England and Wales)
Registered Office
191 KENBROOK ROAD HUCKNALL NOTTINGHAM NG15 8HZ ENGLAND
Accountants
Mrs Tracey A Woodward MAAT 24 Montague Road Hucknall Nottingham NG15 7DU
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Marvelet Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Tangible assets
747,472 
492,317 
Current assets
Cash at bank and in hand
13,799 
10,532 
Creditors: amounts falling due within one year
(225,738)
(158,780)
Net current liabilities
(211,939)
(148,248)
Total assets less current liabilities
535,633 
344,169 
Creditors: amounts falling due after more than one year
(513,425)
(342,534)
Net assets
22,208 
1,635 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
22,108 
1,535 
Shareholders' funds
22,208 
1,635 
For the year ending 31 March 2024 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 27 August 2024 and were signed on its behalf by
Mr Aswin Adapa Director Company Registration No. 14031259
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Marvelet Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Marvelet Ltd is a private company, limited by shares, registered in England and Wales, registration number 14031259. The registered office is 191 KENBROOK ROAD, HUCKNALL, NOTTINGHAM, NG15 8HZ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% SL
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
492,167 
200 
492,367 
Additions
255,085 
160 
255,245 
At 31 March 2024
747,252 
360 
747,612 
Depreciation
At 1 April 2023
- 
50 
50 
Charge for the year
- 
90 
90 
At 31 March 2024
- 
140 
140 
Net book value
At 31 March 2024
747,252 
220 
747,472 
At 31 March 2023
492,167 
150 
492,317 
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Marvelet Ltd Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
21,665 
12,816 
Taxes and social security
4,809 
348 
Loans from directors
197,500 
145,000 
Accruals
1,764 
616 
225,738 
158,780 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
513,425 
342,534 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £0.01 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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