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Company Registration No. 14245045 (England and Wales)
Mare Partners Limited Unaudited accounts for the year ended 31 July 2024
Mare Partners Limited Unaudited accounts Contents
Page
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Mare Partners Limited Company Information for the year ended 31 July 2024
Director
Karina Cristina Arteaga Cifra
Company Number
14245045 (England and Wales)
Registered Office
77 Bradwell Road Loughton Milton Keynes Buckinghamshire MK5 8BS England
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Mare Partners Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
880,452 
880,452 
Current assets
Cash at bank and in hand
2,837 
10,341 
Creditors: amounts falling due within one year
(388,741)
(380,500)
Net current liabilities
(385,904)
(370,159)
Total assets less current liabilities
494,548 
510,293 
Creditors: amounts falling due after more than one year
(527,830)
(527,830)
Net liabilities
(33,282)
(17,537)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(33,382)
(17,637)
Shareholders' funds
(33,282)
(17,537)
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 February 2025 and were signed on its behalf by
Karina Cristina Arteaga Cifra Director Company Registration No. 14245045
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Mare Partners Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Mare Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 14245045. The registered office is 77 Bradwell Road, Loughton, Milton Keynes, Buckinghamshire, MK5 8BS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 August 2023
880,452 
At 31 July 2024
880,452 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
190,000 
190,000 
Loans from directors
198,741 
190,500 
388,741 
380,500 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
337,830 
337,830 
Loans from directors
190,000 
190,000 
527,830 
527,830 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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