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REGISTERED NUMBER: 14775333 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 3RD APRIL 2023 TO 31ST MARCH 2024

FOR

MARINA PROPERTIES HULL LIMITED

MARINA PROPERTIES HULL LIMITED (REGISTERED NUMBER: 14775333)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 3RD APRIL 2023 TO 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


MARINA PROPERTIES HULL LIMITED

COMPANY INFORMATION
FOR THE PERIOD 3RD APRIL 2023 TO 31ST MARCH 2024







DIRECTORS: Mrs L G Slee
J A Slee





SECRETARY: Mrs J Slee





REGISTERED OFFICE: 81 East Street
Leven
Beverley
East Yorkshire
HU17 5NG





REGISTERED NUMBER: 14775333 (England and Wales)





ACCOUNTANTS: Cheetham Allen
Chartered Accountants
17 Wright Street
Hull
East Yorkshire
HU2 8HU

MARINA PROPERTIES HULL LIMITED (REGISTERED NUMBER: 14775333)

BALANCE SHEET
31ST MARCH 2024

Notes £    £   
FIXED ASSETS
Investments 4 -
Investment property 5 2,185,000
2,185,000

CURRENT ASSETS
Debtors 6 1,523
Cash at bank 95,140
96,663
CREDITORS
Amounts falling due within one year 7 7,351
NET CURRENT ASSETS 89,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,274,312

CREDITORS
Amounts falling due after more than one
year

8

289,697
NET ASSETS 1,984,615

CAPITAL AND RESERVES
Called up share capital 9 1,977,162
Retained earnings 10 7,453
SHAREHOLDERS' FUNDS 1,984,615

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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.

MARINA PROPERTIES HULL LIMITED (REGISTERED NUMBER: 14775333)

BALANCE SHEET - continued
31ST 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 Statement of Income and Retained Earnings has not been delivered.

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





J A Slee - Director


MARINA PROPERTIES HULL LIMITED (REGISTERED NUMBER: 14775333)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 3RD APRIL 2023 TO 31ST MARCH 2024

1. STATUTORY INFORMATION

Marina Properties Hull 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.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was 3 .

MARINA PROPERTIES HULL LIMITED (REGISTERED NUMBER: 14775333)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 3RD APRIL 2023 TO 31ST MARCH 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 3,954,324
Disposals (1,977,162 )
Impairments (1,977,162 )
At 31st March 2024 -
NET BOOK VALUE
At 31st March 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 2,185,000
At 31st March 2024 2,185,000
NET BOOK VALUE
At 31st March 2024 2,185,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 645
Prepayments and accrued income 878
1,523

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Corporation tax 1,130
Social security and other taxes 1,287
Directors' current accounts 2,775
Accruals and deferred income 2,159
7,351

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans - over five years - non instalment 289,697

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - over five years - non instalment 289,697

MARINA PROPERTIES HULL LIMITED (REGISTERED NUMBER: 14775333)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 3RD APRIL 2023 TO 31ST MARCH 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,977,162 Ordinary £1 1,977,162

10. RESERVES
Retained
earnings
£   

Profit for the period 7,453
At 31st March 2024 7,453

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs L G Slee.