MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Company Registration Number:
10278017 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2025

Period of accounts

Start date: 01 August 2024

End date: 31 July 2025

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Company Information

for the Period Ended 31 July 2025




Director: Maurice Aston
Marian Flannery
Mike Holmes
Thelma Skelsey
Ray Plummer
Stuart Woodward
Secretary: Stuart Woodward
Registered office: Seaholme
Marine View Close
Egypt Hill
Cowes
Isle Of Wight
England
PO31 8BP
Company Registration Number: 10278017 (England and Wales)

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Directors' Report Period Ended 31 July 2025

The directors present their report with the financial statements of the company for the period ended 31 July 2025

Principal Activities

The Company acts as a management company for the common parts of a residential development known as Marine View Close.

Directors

The directors shown below have held office during the whole of the period from 01 August 2024 to 31 July 2025
Maurice Aston
Marian Flannery
Mike Holmes
Thelma Skelsey
Ray Plummer
Stuart Woodward

Secretary
Stuart Woodward

This report was approved by the board of directors on 8 August 2025
And Signed On Behalf Of The Board By:

Name: Maurice Aston
Status: Director

Name: Stuart Woodward
Status: Director

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Profit and Loss Account

for the Period Ended 31 July 2025


Notes

2025
£

2024
£
Turnover 3,518 826
Gross Profit or (Loss) 3,518 826
Administrative Expenses ( 3,518 ) ( 826 )
Operating Profit or (Loss) 0 0
Profit or (Loss) Before Tax 0 0
Profit or (Loss) for Period 0 0

The notes form part of these financial statements

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Balance sheet

As at 31 July 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 11 11
Total fixed assets: 11 11
Current assets
Debtors: 5 51 30
Cash at bank and in hand: 45 203
Total current assets: 96 233
Creditors: amounts falling due within one year: 6 ( 96 ) ( 233 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 11 11
Total net assets (liabilities): 11 11

The notes form part of these financial statements

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Balance sheet continued

As at 31 July 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 11 11
Shareholders funds: 11 11

For the year ending 31 July 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 August 2025
And Signed On Behalf Of The Board By:

Name: Maurice Aston
Status: Director

Name: Stuart Woodward
Status: Director

The notes form part of these financial statements

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises service charges to residents of Marine View Close and related properties.

    Tangible fixed assets depreciation policy

    Tangible fixed assets comprise freehold land which is not depreciated.

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 0 0

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 3. Off balance sheet disclosure

    No

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2025

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 August 2024 11 11
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2025 11 11
Depreciation
At 01 August 2024 0 0
Charge for year 0 0
On disposals - -
Other adjustments - -
At 31 July 2025 0 0
Net book value
At 31 July 2025 11 11
At 31 July 2024 11 11

Tangible fixed assets comprise freehold land which is not depreciated.

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2025

5. Debtors


2025
£

2024
£
Prepayments and accrued income 51 30
Total 51 30

MARINE VIEW CLOSE MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2025

6.Creditors: amounts falling due within one year note


2025
£

2024
£
Trade creditors 59
Accruals and deferred income 96 174
Total 96 233