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REGISTERED NUMBER: 04833558 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

St. Mary's (Market Harborough) Limited

St. Mary's (Market Harborough) Limited (Registered number: 04833558)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


St. Mary's (Market Harborough) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs J Ferguson
Ms L Ferguson
Mr A H Ferguson





SECRETARY: Mrs J Ferguson





REGISTERED OFFICE: The Shed
Stapleford Road
Leesthorpe
Melton Mowbray
Leicestershire
LE14 2XQ





REGISTERED NUMBER: 04833558 (England and Wales)





ACCOUNTANTS: Xitax Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

St. Mary's (Market Harborough) Limited (Registered number: 04833558)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 120,000 120,000

CURRENT ASSETS
Debtors 76,974 71,877
Cash at bank 2,882 4,000
79,856 75,877
CREDITORS
Amounts falling due within one year 2,399 2,395
NET CURRENT ASSETS 77,457 73,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,457

193,482

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 197,357 193,382
SHAREHOLDERS' FUNDS 197,457 193,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

St. Mary's (Market Harborough) Limited (Registered number: 04833558)

Abridged Balance Sheet - continued
31 March 2025


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 2025 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 23 June 2025 and were signed on its behalf by:





Mrs J Ferguson - Director


St. Mary's (Market Harborough) Limited (Registered number: 04833558)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

St. Mary's (Market Harborough) 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.

Significant judgements and estimates
No significant judgements have had to be made by the directors in preparing these financial statements.

The directors have made key assumptions in the determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.

Turnover
Turnover represents rental income receivable by the company exempt of 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

St. Mary's (Market Harborough) Limited (Registered number: 04833558)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 120,000
NET BOOK VALUE
At 31 March 2025 120,000
At 31 March 2024 120,000

The fair value of the property at 31 March 2025 has been arrived at on the basis of a valuation carried out at that date by Mrs J Ferguson, the director of the company, who is not a professionally qualified valuer.The valuation was arrived at by reference to market evidence of transaction prices for similar properties in its location and takes into account the current state of the rental market in the area where the property is situated.

5. RELATED PARTY DISCLOSURES

JC & IC Ferguson Ltd (a company in which Mrs J Ferguson is a director and shareholder) - during the year the company was owed £71,751 (2024 - £70,551) by JC & IC Ferguson Ltd.

6. ULTIMATE CONTROLLING PARTY

The company is controlled by the Trustees of The St Mary's (Market Harborough) Limited Succession Trust by virtue of their shareholding.