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REGISTERED NUMBER: 12333898 (England and Wales)















Maison Margaux Limited

Unaudited Financial Statements

for the year ended

31 December 2024






Maison Margaux Limited (Registered number: 12333898)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Maison Margaux Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: X Cadiou
B R Latreuille
J S L Mobbs
J A Vogel
Mrs L W Preskett Mobbs
Mrs B I Freund





REGISTERED OFFICE: C/O Haines Watts
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY





REGISTERED NUMBER: 12333898 (England and Wales)





ACCOUNTANTS: TC Group
Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY

Maison Margaux Limited (Registered number: 12333898)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 707,918 411,201

CURRENT ASSETS
Stocks 48,362 95,551
Debtors 5 123,836 46,881
Cash at bank 201,391 248,582
373,589 391,014
CREDITORS
Amounts falling due within one year 6 (186,068 ) (184,538 )
NET CURRENT ASSETS 187,521 206,476
TOTAL ASSETS LESS CURRENT LIABILITIES 895,439 617,677

CREDITORS
Amounts falling due after more than one
year

7

(27,306

)

(50,681

)
NET ASSETS 868,133 566,996

CAPITAL AND RESERVES
Called up share capital 694,232 622,833
Share premium 695,268 366,667
Retained earnings (521,367 ) (422,504 )
868,133 566,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

Maison Margaux Limited (Registered number: 12333898)

Balance Sheet - continued
31 December 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 June 2025 and were signed on its behalf by:





B R Latreuille - Director


Maison Margaux Limited (Registered number: 12333898)

Notes to the Financial Statements
for the year ended 31 December 2024


1. STATUTORY INFORMATION

Maison Margaux 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.

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.
Short leasehold - 40% on cost
Events equipment - at varying rates on cost
Motor vehicles - 25% on cost
Website - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Short term debtors are measured at transaction price, less any impairment.
Short term creditors are measured at the transaction price.

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.


Maison Margaux Limited (Registered number: 12333898)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 9 (2023 - 5 ) .

Maison Margaux Limited (Registered number: 12333898)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Short Events Motor
leasehold equipment vehicles Website Totals
£    £    £    £    £   
COST
At 1 January 2024 22,068 418,563 - 45,564 486,195
Additions - 278,723 40,445 - 319,168
Disposals (22,068 ) - - - (22,068 )
At 31 December 2024 - 697,286 40,445 45,564 783,295
DEPRECIATION
At 1 January 2024 17,654 12,232 - 45,108 74,994
Charge for year - 13,367 4,214 456 18,037
Eliminated on disposal (17,654 ) - - - (17,654 )
At 31 December 2024 - 25,599 4,214 45,564 75,377
NET BOOK VALUE
At 31 December 2024 - 671,687 36,231 - 707,918
At 31 December 2023 4,414 406,331 - 456 411,201

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 62,182 19,481
Other debtors 61,654 27,400
123,836 46,881

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 17,412 -
Trade creditors 99,531 159,712
Taxation and social security 11,818 10,766
Other creditors 57,307 14,060
186,068 184,538

Maison Margaux Limited (Registered number: 12333898)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 27,306 -
Other creditors - 50,681
27,306 50,681

8. OTHER FINANCIAL COMMITMENTS

The company had total commitments under non-cancellable operating leases over the remaining life of those leases of £6,600 (2023 - £5,993)