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Company Registration No. 13954487 (England and Wales)
MARS UK PROPERTIES LIMITED Unaudited accounts for the year ended 31 March 2024
MARS UK PROPERTIES LIMITED Unaudited accounts Contents
Page
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MARS UK PROPERTIES LIMITED Company Information for the year ended 31 March 2024
Directors
Manish WADHWANI Rajesh Chellaram WADHWANI
Company Number
13954487 (England and Wales)
Registered Office
57 CASSIOBURY DRIVE WATFORD HERTFORDSHIRE WD17 3AD UNITED KINGDOM
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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MARS UK PROPERTIES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
426,624 
426,624 
Current assets
Debtors
744 
444 
Cash at bank and in hand
2,624 
1,703 
3,368 
2,147 
Creditors: amounts falling due within one year
(134,035)
(129,413)
Net current liabilities
(130,667)
(127,266)
Total assets less current liabilities
295,957 
299,358 
Creditors: amounts falling due after more than one year
(300,000)
(300,000)
Net liabilities
(4,043)
(642)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,143)
(742)
Shareholders' funds
(4,043)
(642)
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 directors acknowledge their 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 of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by
Manish WADHWANI Director Company Registration No. 13954487
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MARS UK PROPERTIES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MARS UK PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13954487. The registered office is 57 CASSIOBURY DRIVE, WATFORD, HERTFORDSHIRE, WD17 3AD, UNITED KINGDOM.
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.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
426,624 
At 31 March 2024
426,624 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
744 
444 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
133,615 
129,063 
Accruals
420 
350 
134,035 
129,413 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
300,000 
300,000 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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