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REGISTERED NUMBER: 08069678 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Marvelous Properties Limited

Marvelous Properties Limited (Registered number: 08069678)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

Marvelous Properties Limited

Company Information
for the Year Ended 31 May 2025







DIRECTOR: Mrs J A Al-Jaf





REGISTERED OFFICE: 11 St. Bees Close
Gatley
Cheadle
SK8 4LQ





REGISTERED NUMBER: 08069678 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Marvelous Properties Limited (Registered number: 08069678)

Balance Sheet
31 May 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 47,000 48,000
Investment property 5 180,886 77,441
227,886 125,441

CURRENT ASSETS
Debtors 6 3,861 -
Cash at bank 13,884 58,455
17,745 58,455
CREDITORS
Amounts falling due within one year 7 (62,624 ) (69,093 )
NET CURRENT LIABILITIES (44,879 ) (10,638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

183,007

114,803

CREDITORS
Amounts falling due after more than one year 8 (93,067 ) (104,273 )

PROVISIONS FOR LIABILITIES 11 (13,140 ) -
NET ASSETS 76,800 10,530

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 12 39,419 -
Retained earnings 37,380 10,529
76,800 10,530

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Marvelous Properties Limited (Registered number: 08069678)

Balance Sheet - continued
31 May 2025


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 7 August 2025 and were signed by:





Mrs J A Al-Jaf - Director


Marvelous Properties Limited (Registered number: 08069678)

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

1. STATUTORY INFORMATION

Marvelous Properties 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
At 31st May 2025, the company had net current liabilities of £48,170 (2024: £10,638). The company relies on the loan funding provided by its investors. The director is of the opinion that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by its investors.

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.
Improvements to property - 2% on cost

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.

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 2 (2024 - 3 ) .

Marvelous Properties Limited (Registered number: 08069678)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2024
and 31 May 2025 50,000
DEPRECIATION
At 1 June 2024 2,000
Charge for year 1,000
At 31 May 2025 3,000
NET BOOK VALUE
At 31 May 2025 47,000
At 31 May 2024 48,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2024 77,441
Additions 50,886
Revaluations 52,559
At 31 May 2025 180,886
NET BOOK VALUE
At 31 May 2025 180,886
At 31 May 2024 77,441

Fair value at 31 May 2025 is represented by:
£   
Valuation in 2025 52,559
Cost 128,327
180,886

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

2025 2024
£    £   
Cost 128,327 77,441

Investment properties were valued on an open market basis on 31 May 2025 by the Director .

Marvelous Properties Limited (Registered number: 08069678)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Related party 3,861 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 9) 11,194 10,723
Trade creditors 174 -
Social security and other taxes - 627
Pension payable - 175
Wages payable - 1,896
Other creditors 1,390 1,390
Directors' current accounts 48,187 52,601
Accrued expenses 1,679 1,681
62,624 69,093

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans (see note 9) 1,279 12,485
Other loans (see note 9) 91,788 91,788
93,067 104,273

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 91,788 91,788

9. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 11,194 10,723

Amounts falling due between one and two years:
Bank loans > 1 year 1,279 12,485

Amounts falling due in more than five years:

Marvelous Properties Limited (Registered number: 08069678)

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

9. LOANS - continued
2025 2024
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Other loans more 5yrs instal 91,788 91,788

The bank loans have been measured at cost.

10. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Other loans 91,788 91,788

The mortgage is secured against the property being mortgaged.

11. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 13,140 -

Deferred
tax
£   
Deferred tax on revaluation of 13,140
investment property
Balance at 31 May 2025 13,140

12. RESERVES
Revaluation
reserve
£   
Revaluation reserves 39,419

At 31 May 2025 39,419

Marvelous Properties Limited (Registered number: 08069678)

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

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

2025 2024
£    £   
Mrs J A Al-Jaf
Balance outstanding at start of year (52,601 ) (35,057 )
Amounts advanced 5,331 15,369
Amounts repaid (917 ) (32,913 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (48,187 ) (52,601 )

14. RELATED PARTY DISCLOSURES

As at 31st May 2025, the Company owed £3,861 from Surefix Ltd.

15. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J A Al-Jaf.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Marvelous Properties Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marvelous Properties Limited for the year ended 31 May 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Marvelous Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marvelous Properties Limited and state those matters that we have agreed to state to the director of Marvelous Properties Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marvelous Properties Limited and its director for our work or for this report.

It is your duty to ensure that Marvelous Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Marvelous Properties Limited. You consider that Marvelous Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marvelous Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................