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REGISTERED NUMBER: 08493946 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

MARCH AND HARE LIMITED

MARCH AND HARE LIMITED (REGISTERED NUMBER: 08493946)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MARCH AND HARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mr P V Boucher
Mrs H S S Boucher





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





BUSINESS ADDRESS: Lynes Cottage
Northwood Park
Sparsholt
Winchester
Hampshire
SO21 2LX





REGISTERED NUMBER: 08493946 (England and Wales)






MARCH AND HARE LIMITED (REGISTERED NUMBER: 08493946)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,958 3,846
Investments 6 2,049,000 74,731
2,051,958 78,577

CURRENT ASSETS
Debtors 7 868,299 3,178
Cash at bank 74,192 20,131
942,491 23,309
CREDITORS
Amounts falling due within one year 8 2,423 1,737
NET CURRENT ASSETS 940,068 21,572
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,992,026

100,149

CAPITAL AND RESERVES
Called up share capital 9 140 140
Retained earnings 2,991,886 100,009
SHAREHOLDERS' FUNDS 2,992,026 100,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 7th October 2024 and were signed on its behalf by:





Mrs H S S Boucher - Director


MARCH AND HARE LIMITED (REGISTERED NUMBER: 08493946)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

March And Hare Limited is a private company, limited by shares , registered 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% straight line
Office equipment - Straight line over 3 years

All fixed assets are initially recorded at cost.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable 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.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

MARCH AND HARE LIMITED (REGISTERED NUMBER: 08493946)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Freehold Office
property equipment Totals
£    £    £   
COST
At 1st May 2023 13,428 5,871 19,299
Additions - 1,557 1,557
At 30th April 2024 13,428 7,428 20,856
DEPRECIATION
At 1st May 2023 12,425 3,028 15,453
Charge for year 1,003 1,442 2,445
At 30th April 2024 13,428 4,470 17,898
NET BOOK VALUE
At 30th April 2024 - 2,958 2,958
At 30th April 2023 1,003 2,843 3,846

6. FIXED ASSET INVESTMENTS
Interest
in other
participating Other
interests investments Totals
£    £    £   
COST
At 1st May 2023 74,731 - 74,731
Additions - 2,049,000 2,049,000
Disposals (74,731 ) - (74,731 )
At 30th April 2024 - 2,049,000 2,049,000
NET BOOK VALUE
At 30th April 2024 - 2,049,000 2,049,000
At 30th April 2023 74,731 - 74,731

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,634
Other debtors 868,299 1,544
868,299 3,178

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 2,423 1,737

MARCH AND HARE LIMITED (REGISTERED NUMBER: 08493946)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 "A" Ordinary £1 100 100
40 "B" Ordinary £1 40 40
140 140

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2024 and 30th April 2023:

2024 2023
£    £   
Mr P V Boucher and Mrs H S S Boucher
Balance outstanding at start of year 1,242 1,298
Amounts advanced 16,671 27,946
Amounts repaid (17,913 ) (28,002 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,242

This loan was unsecured with interest charged on advances to the directors at HMRC approved rates and was repaid prior to the year end.