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REGISTERED NUMBER: 04196796 (England and Wales)















Marchman (2001) Limited

Unaudited Financial Statements For The Year Ended 30 April 2024






Marchman (2001) Limited (Registered number: 04196796)






Contents of the Financial Statements
For The Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Marchman (2001) Limited

Company Information
For The Year Ended 30 April 2024







DIRECTORS: N S Hattersley
S R Hattersley
D H P Tiptaft
J Tiptaft





SECRETARY: D H P Tiptaft





REGISTERED OFFICE: Marchman House
3a West Street
MEXBOROUGH
South Yorkshire
S64 9HZ





REGISTERED NUMBER: 04196796 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Marchman (2001) Limited (Registered number: 04196796)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 454 428
Investment property 5 1,009,800 1,009,800
1,010,254 1,010,228

CURRENT ASSETS
Debtors 6 24,808 27,036
Cash at bank 68,517 106,733
93,325 133,769
CREDITORS
Amounts falling due within one year 7 37,162 48,414
NET CURRENT ASSETS 56,163 85,355
TOTAL ASSETS LESS CURRENT LIABILITIES 1,066,417 1,095,583

CREDITORS
Amounts falling due after more than one year 8 (7,283 ) (11,883 )

PROVISIONS FOR LIABILITIES (65,272 ) (6,332 )
NET ASSETS 993,862 1,077,368

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Share premium 520,030 520,030
Revaluation reserve 11 296,315 355,255
Retained earnings 176,517 201,083
SHAREHOLDERS' FUNDS 993,862 1,077,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

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 31 January 2025 and were signed on its behalf by:





D H P Tiptaft - Director


Marchman (2001) Limited (Registered number: 04196796)

Notes to the Financial Statements
For The Year Ended 30 April 2024

1. STATUTORY INFORMATION

Marchman (2001) 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 represents net rental income excluding Value Added Tax.

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 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.

Investments
Listed investments held as fixed assets are stated at market value.

Going concern
The company has net current assets. The financial statements have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. FIXED ASSET INVESTMENTS
Other
investment
£   
COST OR VALUATION
At 1 May 2023 428
Revaluations 26
At 30 April 2024 454
NET BOOK VALUE
At 30 April 2024 454
At 30 April 2023 428

Marchman (2001) Limited (Registered number: 04196796)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 April 2024 is represented by:

Other
investment
£   
Valuation in 2024 26
Cost 428
454

The company holds 891 shares in Lloyd's Banking Group (included in this figure is a purchase of 510 in rights issue). The investments are stated in the accounts at market value.

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 1,009,800
NET BOOK VALUE
At 30 April 2024 1,009,800
At 30 April 2023 1,009,800

Cost or valuation at 30 April 2024 is represented by:
£   
Valuation in 2023 355,255
Cost 654,545
1,009,800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,333 22,936
Other debtors 4,100 4,100
Tax 2,375 -
24,808 27,036

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,600 4,600
Trade creditors 12,153 11,767
Taxation and social security 5,959 21,276
Other creditors 14,450 10,771
37,162 48,414

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,283 11,883

Marchman (2001) Limited (Registered number: 04196796)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 11,883 16,483

The bank loan is secured by a charge dated 12th March 2007 on 34-38 Main Street Mexborough. These properties belong to the company and are included in fixed assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 shares 1 1,000 1,000

11. RESERVES
Revaluation
reserve
£   
At 1 May 2023 355,255
Movement to/from revaluation
reserve (58,940 )

At 30 April 2024 296,315

The revaluation reserve forms part of the profit and loss reserve.