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REGISTERED NUMBER: 08568730 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

MARL Investment Properties Limited

MARL Investment Properties Limited (Registered number: 08568730)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARL Investment Properties Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: M A Kiely
Mrs L D Tack
R V Kiely





REGISTERED OFFICE: Three Counties House
18a Victoria Street
Dunstable
Bedfordshire
LU6 3BA





REGISTERED NUMBER: 08568730 (England and Wales)





ACCOUNTANTS: P D & Co (2003) Limited T/A Parbery Davies & Co
Three Counties House
18a Victoria Street
Dunstable
Bedfordshire
LU6 3BA

MARL Investment Properties Limited (Registered number: 08568730)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,243,406 1,243,406

CURRENT ASSETS
Debtors 5 10,018 14,414
Cash at bank 158,424 139,647
168,442 154,061
CREDITORS
Amounts falling due within one year 6 136,362 135,571
NET CURRENT ASSETS 32,080 18,490
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,275,486

1,261,896

PROVISIONS FOR LIABILITIES 84,137 84,137
NET ASSETS 1,191,349 1,177,759

CAPITAL AND RESERVES
Called up share capital 63,501 63,501
Share premium 571,500 571,500
Fair value reserve 7 442,829 442,829
Retained earnings 113,519 99,929
1,191,349 1,177,759

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

MARL Investment Properties Limited (Registered number: 08568730)

Balance Sheet - continued
31 July 2024


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 5 November 2024 and were signed on its behalf by:





M A Kiely - Director


MARL Investment Properties Limited (Registered number: 08568730)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

MARL Investment Properties 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.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 August 2023
and 31 July 2024 1,243,406
NET BOOK VALUE
At 31 July 2024 1,243,406
At 31 July 2023 1,243,406

MARL Investment Properties Limited (Registered number: 08568730)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 July 2024 is represented by:

Land and
buildings
£   
Valuation in 2017 248,818
Valuation in 2018 21,950
Valuation in 2020 19,674
Valuation in 2021 80,900
Valuation in 2022 71,487
Cost 800,577
1,243,406

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.7.24 31.7.23
£    £   
Cost 800,577 800,577

Freehold land and buildings were valued on an open market basis on 31 July 2024 by Land Registry Office .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 10,018 14,414

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 409 -
Taxation and social security 9,893 9,904
Other creditors 126,060 125,667
136,362 135,571

7. RESERVES
Fair
value
reserve
£   
At 1 August 2023
and 31 July 2024 442,829