Company Registration No. 14031259 (England and Wales)
Marvelet Ltd
Rental Accounts
for the year ended 31 March 2024
Marvelet Ltd
Rental Accounts
Contents
Marvelet Ltd
Company Information
for the year ended 31 March 2024
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
Marvelet Ltd
Statement of financial position
as at 31 March 2024
Called up share capital not paid
100
100
Tangible assets
747,472
492,317
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)
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
Marvelet Ltd
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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:
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
Charge for the year
-
90
90
At 31 March 2024
-
140
140
At 31 March 2024
747,252
220
747,472
At 31 March 2023
492,167
150
492,317
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
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
513,425
342,534
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).