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REGISTERED NUMBER: 01678154 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MANORMARCH LIMITED

MANORMARCH LIMITED (REGISTERED NUMBER: 01678154)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


MANORMARCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: N I Robinson
S M Hutchinson





SECRETARY: S M Hutchinson





REGISTERED OFFICE: Pavilion View
19 New Road
BRIGHTON
East Sussex
BN1 1EY





REGISTERED NUMBER: 01678154 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

MANORMARCH LIMITED (REGISTERED NUMBER: 01678154)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 40,000 40,000

CURRENT ASSETS
Debtors 5 90 90
Cash at bank 3,218 3,175
3,308 3,265
CREDITORS
Amounts falling due within one year 6 912 960
NET CURRENT ASSETS 2,396 2,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,396

42,305

PROVISIONS FOR LIABILITIES 6,408 6,408
NET ASSETS 35,988 35,897

CAPITAL AND RESERVES
Called up share capital 7 4 4
Retained earnings 8 35,984 35,893
SHAREHOLDERS' FUNDS 35,988 35,897

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





N I Robinson - Director


MANORMARCH LIMITED (REGISTERED NUMBER: 01678154)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Manormarch Limited is a private company, limited by shares, incorporated 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition
Revenue is measured at fair value of the consideration received or receivable. Other operating income comprises the value of rents receivable for the occupation of investment properties owned by the company in addition to the grant of lease extensions where applicable.

Interest receivable is recognised using the effective interest method.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

MANORMARCH LIMITED (REGISTERED NUMBER: 01678154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 40,000
NET BOOK VALUE
At 31 March 2024 40,000
At 31 March 2023 40,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2007 25,919
Valuation in 2008 (2,000 )
Valuation in 2012 8,000
Valuation in 2013 9,000
Valuation in 2015 (2,500 )
Valuation in 2016 (7,000 )
Valuation in 2017 22,500
Valuation in 2018 (15,000 )
Valuation in 2021 (4,000 )
Valuation in 2022 2,000
Cost 3,081
40,000

Investment property was valued on an open market basis on 31 March 2024 by a director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 90 90

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 912 960

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4

MANORMARCH LIMITED (REGISTERED NUMBER: 01678154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. RESERVES
Retained
earnings
£   

At 1 April 2023 35,893
Profit for the year 91
At 31 March 2024 35,984

Of the retained earnings at 31 March 2024, £30,510 (2023: £30,510) relates to the aggregate surplus on the valuation, less deferred taxation, of investment property and are non-distributable reserves.