MARY BAMBER DEVELOPMENTS LIMITED

Company Registration Number:
13444346 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

MARY BAMBER DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

MARY BAMBER DEVELOPMENTS LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Mark Parry
Howard Vaughan
Registered office: Maes Isa
Bryn Rhys
Glan Conwy
Colwyn Bay
GB-WLS
LL28 5NS
Company Registration Number: 13444346 (England and Wales)

MARY BAMBER DEVELOPMENTS LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The principal activity of the company was that development of building projects.

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Mark Parry
Howard Vaughan

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: Mark Parry
Status: Director

Name: Howard Vaughan
Status: Director

MARY BAMBER DEVELOPMENTS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 24,603 26,196
Total fixed assets: 24,603 26,196
Current assets
Stocks: 7,310,325 7,251,659
Debtors: 5 21,662 100
Cash at bank and in hand: 560 1,488
Total current assets: 7,332,547 7,253,247
Creditors: amounts falling due within one year: 6 ( 3,902,285 ) ( 3,134,217 )
Net current assets (liabilities): 3,430,262 4,119,030
Total assets less current liabilities: 3,454,865 4,145,226
Creditors: amounts falling due after more than one year: 7 ( 5,330,391 ) ( 5,060,828 )
Provision for liabilities: ( 4,977 )
Total net assets (liabilities): ( 1,875,526 ) ( 920,579 )

The notes form part of these financial statements

MARY BAMBER DEVELOPMENTS LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 1,875,626 ) ( 920,679 )
Shareholders funds: ( 1,875,526 ) ( 920,579 )

For the year ending 31 October 2023 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.

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

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: Mark Parry
Status: Director

Name: Howard Vaughan
Status: Director

The notes form part of these financial statements

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents the total of completed house sales and development sales.

    Turnover is recognised to the extent that it is probable that the future economic benefits will flow to the company and the turnover can be reliably measured. 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 policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

    Plant and machinery etc - 10% on cost

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 November 2022 28,320 28,320
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 28,320 28,320
Depreciation
At 01 November 2022 2,124 2,124
Charge for year 1,593 1,593
On disposals - -
Other adjustments - -
At 31 October 2023 3,717 3,717
Net book value
At 31 October 2023 24,603 24,603
At 31 October 2022 26,196 26,196

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors


2023
£

2022
£
Other debtors 21,662 100
Total 21,662 100

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 856,369 964,027
Trade creditors 560,985 23,536
Taxation and social security 39,680 16,342
Other creditors 2,445,251 2,130,312
Total 3,902,285 3,134,217

MARY BAMBER DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 5,330,391 5,060,828
Total 5,330,391 5,060,828