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REGISTERED NUMBER: 04603331 (England and Wales)















MARCUS HALL (PROPERTIES) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






MARCUS HALL (PROPERTIES) LIMITED (REGISTERED NUMBER: 04603331)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

MARCUS HALL (PROPERTIES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M Hall





REGISTERED OFFICE: Stagwood Hill Farm Coldhill Lane
New Mill
Holmfirth
HD9 7JX





REGISTERED NUMBER: 04603331 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

MARCUS HALL (PROPERTIES) LIMITED (REGISTERED NUMBER: 04603331)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 382 1,012
Investment property 5 2,423,296 2,330,362
2,423,678 2,331,374

CURRENT ASSETS
Inventories 6 - 92,934
Debtors 7 4,280 803
Cash at bank 5,458 19,648
9,738 113,385
CREDITORS
Amounts falling due within one year 8 292,728 261,525
NET CURRENT LIABILITIES (282,990 ) (148,140 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,140,688

2,183,234

CREDITORS
Amounts falling due after more than one
year

9

(267,385

)

(309,161

)

PROVISIONS FOR LIABILITIES (167,208 ) (167,209 )
NET ASSETS 1,706,095 1,706,864

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,705,995 1,706,764
SHAREHOLDERS' FUNDS 1,706,095 1,706,864

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MARCUS HALL (PROPERTIES) LIMITED (REGISTERED NUMBER: 04603331)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 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 director and authorised for issue on 19 September 2024 and were signed by:





M Hall - Director


MARCUS HALL (PROPERTIES) LIMITED (REGISTERED NUMBER: 04603331)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Marcus Hall (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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

MARCUS HALL (PROPERTIES) LIMITED (REGISTERED NUMBER: 04603331)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
Machinery Equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 3,783 523 4,306
DEPRECIATION
At 1 April 2023 2,772 522 3,294
Charge for year 630 - 630
At 31 March 2024 3,402 522 3,924
NET BOOK VALUE
At 31 March 2024 381 1 382
At 31 March 2023 1,011 1 1,012

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 2,330,362
Additions 92,934
At 31 March 2024 2,423,296
NET BOOK VALUE
At 31 March 2024 2,423,296
At 31 March 2023 2,330,362

Fair value at 31 March 2024 is represented by:
£   
Valuation in 1 880,041
Cost 1,543,255
2,423,296

6. INVENTORIES
2024 2023
£    £   
Stocks - 92,934

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,280 803

MARCUS HALL (PROPERTIES) LIMITED (REGISTERED NUMBER: 04603331)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 231,867 60,064
Trade creditors 4,242 3,844
Taxation and social security 2,004 18,291
Other creditors 54,615 179,326
292,728 261,525

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 267,385 309,161

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 254,417 296,193

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

MARCUS HALL (PROPERTIES) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
MARCUS HALL (PROPERTIES) LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


19 September 2024