Marches Homes (Oak Cottage) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13431918

		31 December 2024		31 December 2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	472,110		-
Debtors	5	7,978		-
Cash at bank and in hand		57		-

		480,145		-
Creditors: Amounts Falling Due Within One Year	6	(537,581 )		(156 )

NET CURRENT ASSETS (LIABILITIES)			(57,436 )		(156 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(57,436 )		(156 )

NET LIABILITIES			(57,436 )		(156 )

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			(57,446 )		(166 )

SHAREHOLDERS' FUNDS			(57,436)		(156)

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Marches Homes (Oak Cottage) Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Alexandra Pattison-Appleton

Director

11 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Marches Homes (Oak Cottage) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13431918 . The registered office is 41 Millbrook Street, Hereford, HR4 9LF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company is reliant upon the ongoing support of the director and shareholder to fund outstanding liabilities. The directors confirm their continued support over the next 12 months and arrangements have been put in place to ensure adequate financing exists to meet ongoing liabilities and trading activities.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Financial Instruments

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

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in nonconvertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in the profit and loss. Derivative financial instruments are intially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Directors loans are recognised at transaction price.

2.5. Finance Costs

Finance costs comprise interest payable on borrowings, mortgage fees and related bank charges. Finance costs are recognised in the Profit & Loss account in the period in which they are incurred.

Finance costs are classified within administrative expenses and are not included in cost of sales, regardless of whether the borrowings relate to property development projects.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

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Marches Homes (Oak Cottage) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Stocks

	31 December 2024	31 December 2023
	£	£
Work in progress	472,110	-

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
VAT	1,024	-
Amounts owed by group undertakings	6,954	-

	7,978	-

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	937	-
Bank loans and overdrafts	367,792	-
Other loans	150,000	-
Accruals and deferred income	17,852	-
Directors' loan accounts	1,000	-
Amounts owed to group undertakings	-	156

	537,581	156

7. Secured Creditors

Of the creditors the following amounts are secured by way of a fixed and floating charge on property owned by the company.

	31 December 2024	31 December 2023
	£	£
Bank loans and overdrafts	367,227	-
Other Creditors	150,000	-

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Marches Homes (Oak Cottage) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	10	10

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