IRIS Accounts Production v24.3.2.46 10575109 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105751092023-06-30105751092024-06-30105751092023-07-012024-06-30105751092022-06-30105751092022-07-012023-06-30105751092023-06-3010575109ns15:EnglandWales2023-07-012024-06-3010575109ns14:PoundSterling2023-07-012024-06-3010575109ns10:Director12023-07-012024-06-3010575109ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3010575109ns10:SmallEntities2023-07-012024-06-3010575109ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3010575109ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3010575109ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3010575109ns10:FullAccounts2023-07-012024-06-3010575109ns10:Director22023-07-012024-06-3010575109ns10:RegisteredOffice2023-07-012024-06-3010575109ns5:CurrentFinancialInstruments2024-06-3010575109ns5:CurrentFinancialInstruments2023-06-3010575109ns5:ShareCapital2024-06-3010575109ns5:ShareCapital2023-06-3010575109ns5:RetainedEarningsAccumulatedLosses2024-06-3010575109ns5:RetainedEarningsAccumulatedLosses2023-06-3010575109ns5:PlantMachinery2023-07-012024-06-3010575109ns5:PlantMachinery2023-06-3010575109ns5:PlantMachinery2024-06-3010575109ns5:PlantMachinery2023-06-3010575109ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3010575109ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 10575109 (England and Wales)















MARFLEET DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2024






MARFLEET DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10575109)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


MARFLEET DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr R J Marfleet
Mrs L Marfleet





REGISTERED OFFICE: Town Wall House
Balkerne Hill
Colchester
Essex
CO3 3AD





REGISTERED NUMBER: 10575109 (England and Wales)

MARFLEET DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10575109)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,206 11,340

CURRENT ASSETS
Debtors 5 86,698 63,485
Cash at bank 202,511 223,196
289,209 286,681
CREDITORS
Amounts falling due within one year 6 (2,473 ) (3,690 )
NET CURRENT ASSETS 286,736 282,991
TOTAL ASSETS LESS CURRENT LIABILITIES 296,942 294,331

PROVISIONS FOR LIABILITIES (473 ) (367 )
NET ASSETS 296,469 293,964

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 296,369 293,864
296,469 293,964

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

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

MARFLEET DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10575109)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





Mr R J Marfleet - Director


MARFLEET DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10575109)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Marfleet Developments 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 (£) and the financial statements
are rounded to the nearest Pound.

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.

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 - 10% reducing balance

Financial instruments
Basic financial instruments are measured at amortised cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MARFLEET DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10575109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2023
and 30 June 2024 14,000
DEPRECIATION
At 1 July 2023 2,660
Charge for year 1,134
At 30 June 2024 3,794
NET BOOK VALUE
At 30 June 2024 10,206
At 30 June 2023 11,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,824 3,844
Amounts due from related undertakings 4,338 4,338
Other debtors 52,536 227
Directors' loan accounts 1,000 1,000
Corporation tax receivable - 4,076
Prepayments and accrued income 25,000 50,000
86,698 63,485

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 242 244
Corporation tax 481 1,971
Accruals and deferred income 1,750 1,475
2,473 3,690

MARFLEET DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10575109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year Mr R. J. Marfleet loaned the company £Nil (2023: £Nil) and received payments of £Nil (2023: £Nil). The company paid expenses on behalf of Mr R. J. Marfleet totalling £Nil (2023: £664). At the year end a balance was owed by Mr R. J. Marfleet of £1,000 (2023: £1,000).

This balance is interest free and repayable on demand.