MARQUESS AM LTD


Directors	PAPHITIS, Peter Terance Alan
	POLLOCK, Elizabeth Marie Joanna


Registered Address	1 Lower Long Croft Cottage
	Nangreaves
	Bury
	BL9 6SX


Registered Number	14357915 (England and Wales)

Balance Sheet as at
30 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		75,471		63,930
Investments	4		15,000		-
			90,471		63,930
Current assets
Debtors	5	12,377		45,793
Cash at bank and on hand		5,330		2,618
		17,707		48,411
Creditors amounts falling due within one year	6	(35,905)		(53,134)
Net current assets (liabilities)			(18,198)		(4,723)
Total assets less current liabilities			72,273		59,207
Net assets			72,273		59,207
Capital and reserves
Called up share capital			100		100
Profit and loss account			72,173		59,107
Shareholders' funds			72,273		59,207

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 1 September 2025, and are signed on its behalf by:

PAPHITIS, Peter Terance Alan
Director

POLLOCK, Elizabeth Marie Joanna
Director

Registered Company No. 14357915

MARQUESS AM LTD

Notes to the Financial Statements
for the year ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover comprises primarily of fees and commissions relating to commercial property acquisitions and disposals, and other consulting fees receivable.

	Revenue from sale of goods
	Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 May 24	61,601	3,231	64,832
Additions	13,870	1,778	15,648
Disposals	-	(5,009)	(5,009)
At 30 April 25	75,471	-	75,471
Depreciation and impairment
At 01 May 24	-	902	902
On disposals	-	(902)	(902)
Net book value
At 30 April 25	75,471	-	75,471
At 30 April 24	61,601	2,329	63,930

4.	Fixed asset investments
	During the year the company acquired 25 A Ordinary £1 shares in Latitude Real Estate Limited, a company incorporated in England & Wales.

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	15,000	15,000
At 30 April 25	15,000	15,000
Net book value
At 30 April 25	15,000	15,000
At 30 April 24	-	-

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	28,900
Other debtors	12,377	1,489
Prepayments and accrued income	-	15,404
Total	12,377	45,793


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.  Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	31,470	51,954
Other creditors	3,287	-
Accrued liabilities and deferred income	1,148	1,180
Total	35,905	53,134


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.