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REGISTERED NUMBER: 01008332 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MARPAUL LONDON LIMITED

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MARPAUL LONDON LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: Mr R J Clark
Mrs P V Clark





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 01008332 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

ABRIDGED BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,007 -
Investments 5 36,127 36,127
Investment property 6 866,660 866,660
907,794 902,787

CURRENT ASSETS
Debtors 3,650 1,496
Cash at bank 314,784 472,812
318,434 474,308
CREDITORS
Amounts falling due within one year 311,491 250,777
NET CURRENT ASSETS 6,943 223,531
TOTAL ASSETS LESS CURRENT
LIABILITIES

914,737

1,126,318

CREDITORS
Amounts falling due after more than one year 13,380 22,500
NET ASSETS 901,357 1,103,818

CAPITAL AND RESERVES
Called up share capital 20,004 20,004
Other reserve 585,946 585,946
Retained earnings 295,407 497,868
SHAREHOLDERS' FUNDS 901,357 1,103,818

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 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.

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

ABRIDGED BALANCE SHEET - 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 January 2025 and were signed on its behalf by:





Mr R J Clark - Director


MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Marpaul London 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.

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.

Other operating income
Other operating income comprises rental and service charge income, excluding Value Added Tax, which is recognised in the period which it is earned. Amounts invoiced in excess of the amounts earned during the period are recognised as deferred income in creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Fixed asset investments
Fixed asset investments are recognised at costs less provision for impairment.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 6,676
At 31 March 2024 6,676
DEPRECIATION
Charge for year 1,669
At 31 March 2024 1,669
NET BOOK VALUE
At 31 March 2024 5,007

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023
and 31 March 2024 36,127
NET BOOK VALUE
At 31 March 2024 36,127
At 31 March 2023 36,127

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 866,660
NET BOOK VALUE
At 31 March 2024 866,660
At 31 March 2023 866,660

Investment property was valued on 31 March 2024 by the directors.

7. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £53 (2023: £271) to the directors of the company.

At the balance sheet date, the company was owed £2,563 (2023: £904) by Marpaul Group Limited and £1,087 (2023: £592) by Marpaul Development Limited, both companies connected by virtue of common control.

At the balance sheet date, the company owed £200,000 (2023: £200,000) to Marpaul Limited and £2,967 (2023: £3,217) to Marpaul Construction Limited, both companies connected by virtue of common control.