MARALD PRIME DEVELOPMENTS LIMITED

Company Registration Number:
NI031825 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

MARALD PRIME DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

MARALD PRIME DEVELOPMENTS LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 80,939 95,578
Total fixed assets: 80,939 95,578
Current assets
Stocks: 3,716,000 4,384,500
Debtors:   5,406 3,771
Cash at bank and in hand: 156,609 63,170
Total current assets: 3,878,015 4,451,441
Creditors: amounts falling due within one year:   (59,553) (50,364)
Net current assets (liabilities): 3,818,462 4,401,077
Total assets less current liabilities: 3,899,401 4,496,655
Creditors: amounts falling due after more than one year:   (2,051,606) (2,791,960)
Total net assets (liabilities): 1,847,795 1,704,695
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,847,793 1,704,693
Shareholders funds: 1,847,795 1,704,695

The notes form part of these financial statements

MARALD PRIME DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 October 2024
and signed on behalf of the board by:

Name: Michael Small
Status: Director

The notes form part of these financial statements

MARALD PRIME DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MARALD PRIME DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

MARALD PRIME DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 314,005
At 31 January 2024 314,005
Depreciation
At 01 February 2023 218,427
Charge for year 14,639
At 31 January 2024 233,066
Net book value
At 31 January 2024 80,939
At 31 January 2023 95,578