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REGISTERED NUMBER: 01117074 (England and Wales)


















Financial Statements

for the Year Ended 31 January 2025

for

Marchdell Limited

Marchdell Limited (Registered number: 01117074)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Marchdell Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: R W Cattermole
A L Carter
R W Lang



REGISTERED OFFICE: Merchant House
33 Fore Street
Ipswich
Suffolk
IP4 1JL



REGISTERED NUMBER: 01117074 (England and Wales)



SENIOR STATUTORY AUDITOR: Jeffrey Stanley BSc(Econ) FCA



AUDITORS: Xeinadin Audit Limited
Statutory Auditor
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billerciay
Essex
CM12 0EQ

Marchdell Limited (Registered number: 01117074)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Investments 4 510 510
Investment property 5 1,442,000 1,402,000
1,442,510 1,402,510

CURRENT ASSETS
Debtors 6 335,154 339,221
Cash at bank 181,566 127,101
516,720 466,322
CREDITORS
Amounts falling due within one year 7 30,345 17,737
NET CURRENT ASSETS 486,375 448,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,928,885

1,851,095

PROVISIONS FOR LIABILITIES 253,326 243,326
NET ASSETS 1,675,559 1,607,769

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 1,026,824 996,824
Retained earnings 648,635 610,845
SHAREHOLDERS' FUNDS 1,675,559 1,607,769

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 21 July 2025 and were signed on its behalf by:





R W Lang - Director


Marchdell Limited (Registered number: 01117074)

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

1. STATUTORY INFORMATION

Marchdell 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 is measured at the fair value of the rent and services consideration received or receivable net of VAT and trade discounts.

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Marchdell Limited (Registered number: 01117074)

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2024
and 31 January 2025 510
NET BOOK VALUE
At 31 January 2025 510
At 31 January 2024 510

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 1,402,000
Revaluations 40,000
At 31 January 2025 1,442,000
NET BOOK VALUE
At 31 January 2025 1,442,000
At 31 January 2024 1,402,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2025 1,442,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.1.25 31.1.24
£    £   
Cost 176,850 176,850

The investment properties were revalued on a fair value basis by Countrywide, Chartered Surveyors. Approximately one third of properties are revalued as at each balance sheet date. Thus all investment properties are revalued at least once in any three year period. At the year end the director assesses those properties valued in prior years to ensure the value shown has not materially changed.

Revaluation gains of £40,000 (2024 £4,000) have been included in profit and loss for the year and subsequently transferred to the fair value reserve.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 6,489 12,769
Amounts owed by group undertakings 229,143 229,143
Other debtors 99,522 97,309
335,154 339,221

Marchdell Limited (Registered number: 01117074)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 9,792 (1 )
Taxation and social security 12,597 10,436
Other creditors 7,956 7,302
30,345 17,737

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Fair
value
reserve
£   
At 1 February 2024 996,824
Transfers 30,000

At 31 January 2025 1,026,824

Fair value reserve relates to investment property revaluations, shown net of deferred tax.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeffrey Stanley BSc(Econ) FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

11. CONTINGENT LIABILITIES

Investment properties owned by the company are pledged as security for liabilities of it's parent undertaking.

12. PARENT UNDERTAKING

The parent undertaking is Warren Wright (Ipswich) Limited. The parent undertaking shares its registered office with the company.

Copies of the group accounts can be obtained at Companies House, Cardiff, CF14 3UZ.