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REGISTERED NUMBER: SC514711 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Marlebone Holdings UK Ltd

Marlebone Holdings UK Ltd (Registered number: SC514711)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marlebone Holdings UK Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J O'Brien





REGISTERED OFFICE: Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU





REGISTERED NUMBER: SC514711 (Scotland)





ACCOUNTANTS: Advantage Accounting (Scotland) Ltd
Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU

Marlebone Holdings UK Ltd (Registered number: SC514711)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,266 47,908
Investments 5 434,647 -
508,913 47,908

CURRENT ASSETS
Debtors 6 459,084 124,591
Cash at bank 216,117 1,890,619
675,201 2,015,210
CREDITORS
Amounts falling due within one year 7 874,108 1,760,169
NET CURRENT (LIABILITIES)/ASSETS (198,907 ) 255,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,006

302,949

CREDITORS
Amounts falling due after more than one
year

8

(33,326

)

(38,973

)

PROVISIONS FOR LIABILITIES (23,961 ) (9,103 )
NET ASSETS 252,719 254,873

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 34,647 -
Retained earnings 217,972 254,773
SHAREHOLDERS' FUNDS 252,719 254,873

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 director acknowledges his 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.

Marlebone Holdings UK Ltd (Registered number: SC514711)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





J O'Brien - Director


Marlebone Holdings UK Ltd (Registered number: SC514711)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Marlebone Holdings UK Ltd is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

Marlebone Holdings UK Ltd (Registered number: SC514711)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 49,100
Additions 39,464
At 31 March 2024 88,564
DEPRECIATION
At 1 April 2023 1,192
Charge for year 13,106
At 31 March 2024 14,298
NET BOOK VALUE
At 31 March 2024 74,266
At 31 March 2023 47,908

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 400,000
Revaluations 34,647
At 31 March 2024 434,647
NET BOOK VALUE
At 31 March 2024 434,647

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 34,647
Cost 400,000
434,647

6. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 1,800 1,200
Amounts owed by associates 429,292 27,700
Other debtors 7,992 95,691
439,084 124,591

Marlebone Holdings UK Ltd (Registered number: SC514711)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS - continued
31.3.24 31.3.23
£    £   
Amounts falling due after more than one year:
Amounts owed by participating interests 20,000 -

Aggregate amounts 459,084 124,591

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,364 6,250
Trade creditors 2,177 5,804
Amounts owed to associates 126,500 10,000
Taxation and social security 122,953 125,882
Other creditors 616,114 1,612,233
874,108 1,760,169

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 33,326 38,973

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,869 13,973

9. RESERVES
Fair
value
reserve
£   
Revaluation 34,647

At 31 March 2024 34,647