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REGISTERED NUMBER: SC490638 (Scotland)















Financial Statements For The Year Ended 30 November 2023

for

Marble Fashion Designs Holdings Limited

Marble Fashion Designs Holdings Limited (Registered number: SC490638)






Contents of the Financial Statements
For The Year Ended 30 November 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Marble Fashion Designs Holdings Limited

Company Information
For The Year Ended 30 November 2023







DIRECTORS: Mrs L M Paul
N M Williams





SECRETARY: Mrs L M Paul





REGISTERED OFFICE: 49 Montrose Avenue
Hillington Park
Glasgow
G52 4LA





REGISTERED NUMBER: SC490638 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Marble Fashion Designs Holdings Limited (Registered number: SC490638)

Abridged Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 205 205

CURRENT ASSETS
Debtors 6,489,881 4,288,404
Cash at bank 2,425,822 1,939,670
8,915,703 6,228,074
CREDITORS
Amounts falling due within one year 1,712,348 618,078
NET CURRENT ASSETS 7,203,355 5,609,996
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,203,560

5,610,201

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 7,203,360 5,610,001
SHAREHOLDERS' FUNDS 7,203,560 5,610,201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

Marble Fashion Designs Holdings Limited (Registered number: SC490638)

Abridged Statement of Financial Position - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





Mrs L M Paul - Director


Marble Fashion Designs Holdings Limited (Registered number: SC490638)

Notes to the Financial Statements
For The Year Ended 30 November 2023

1. STATUTORY INFORMATION

Marble Fashion Designs Holdings Limited is a private company, limited by shares , registered in Scotland. 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. 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.

Investments in subsidiaries
Unlisted investments are measured at cost less impairment as fair value cannot be reliably measured without undue cost or effort.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 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.

Pension costs and other post-retirement benefits
The company has no obligation to provide pensions, nor contributions to pension schemes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Marble Fashion Designs Holdings Limited (Registered number: SC490638)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 December 2022
and 30 November 2023 205
NET BOOK VALUE
At 30 November 2023 205
At 30 November 2022 205

5. SECURED DEBTS

The Royal Bank of Scotland hold a floating charge over the property of the company.

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
Mrs L M Paul and N M Williams
Balance outstanding at start of year 2,239,575 1,505,807
Amounts advanced 1,358,357 2,733,768
Amounts repaid (350,000 ) (2,000,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,247,932 2,239,575