IRIS Accounts Production v25.2.0.378 07276895 Board of Directors 1.1.24 31.12.24 31.12.24 true false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07276895 2023-12-31 07276895 2024-12-31 07276895 2024-01-01 2024-12-31 07276895 2022-12-31 07276895 2023-01-01 2023-12-31 07276895 2023-12-31 07276895 ns15:EnglandWales 2024-01-01 2024-12-31 07276895 ns14:PoundSterling 2024-01-01 2024-12-31 07276895 ns10:Director1 2024-01-01 2024-12-31 07276895 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07276895 ns10:SmallEntities 2024-01-01 2024-12-31 07276895 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07276895 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 07276895 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07276895 ns10:FullAccounts 2024-01-01 2024-12-31 07276895 ns10:Director3 2024-01-01 2024-12-31 07276895 ns10:CompanySecretary1 2024-01-01 2024-12-31 07276895 ns10:CompanySecretary2 2024-01-01 2024-12-31 07276895 ns10:RegisteredOffice 2024-01-01 2024-12-31 07276895 ns5:CurrentFinancialInstruments 2024-12-31 07276895 ns5:CurrentFinancialInstruments 2023-12-31 07276895 ns5:ShareCapital 2024-12-31 07276895 ns5:ShareCapital 2023-12-31 07276895 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 07276895 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 07276895 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-01-01 2024-12-31 07276895 ns5:FurnitureFittings 2024-01-01 2024-12-31 07276895 ns5:ComputerEquipment 2024-01-01 2024-12-31 07276895 ns5:LandBuildings ns5:ShortLeaseholdAssets 2023-12-31 07276895 ns5:FurnitureFittings 2023-12-31 07276895 ns5:ComputerEquipment 2023-12-31 07276895 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-12-31 07276895 ns5:FurnitureFittings 2024-12-31 07276895 ns5:ComputerEquipment 2024-12-31 07276895 ns5:LandBuildings ns5:ShortLeaseholdAssets 2023-12-31 07276895 ns5:FurnitureFittings 2023-12-31 07276895 ns5:ComputerEquipment 2023-12-31 07276895 ns5:CostValuation 2023-12-31 07276895 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 07276895 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 07276895 ns5:WithinOneYear 2024-12-31 07276895 ns5:WithinOneYear 2023-12-31 07276895 ns5:MoreThanFiveYears 2024-12-31 07276895 ns5:MoreThanFiveYears 2023-12-31 07276895 ns5:AllPeriods 2024-12-31 07276895 ns5:AllPeriods 2023-12-31 07276895 ns5:DeferredTaxation 2023-12-31 07276895 ns5:DeferredTaxation 2024-01-01 2024-12-31 07276895 ns5:DeferredTaxation 2024-12-31

REGISTERED NUMBER: 07276895 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FOR |

| MARYLEBONE PROPERTIES OVERSEAS LIMITED |

MARYLEBONE PROPERTIES OVERSEAS LIMITED (REGISTERED NUMBER: 07276895) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| MARYLEBONE PROPERTIES OVERSEAS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | R R Shah MSc FRICS

| Mrs N Shah

| SECRETARIES: | Mrs N Thanki

| V B Vaghela

| REGISTERED OFFICE: | 55A Welbeck Street

| London

| W1G 9XQ

| REGISTERED NUMBER: | 07276895 (England and Wales)

| ACCOUNTANTS: | Arithma LLP

| Chartered Certified Accountants

| 5 Jardine House

| Harrovian Business Village

| Bessborough Road

| Harrow

| Middlesex

| HA1 3EX

MARYLEBONE PROPERTIES OVERSEAS LIMITED (REGISTERED NUMBER: 07276895) |

BALANCE SHEET

31 DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 6,752 |  | 3,155 |  |

Investments | 5 | 100 |  | 100 |  |

6,852 |  | 3,255 |  |

CURRENT ASSETS

Debtors | 6 | 1,212,878 |  | 1,151,276 |  |

Cash at bank | 252,752 |  | 691,311 |  |

1,465,630 |  | 1,842,587 |  |

CREDITORS

Amounts falling due within one year | 7 | (428,490 | ) | (521,811 | ) |

NET CURRENT ASSETS | 1,037,140 |  | 1,320,776 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,043,992 |  | 1,324,031 |  |

PROVISIONS FOR LIABILITIES | 9 | (661 | ) | (788 | ) |

NET ASSETS | 1,043,331 |  | 1,323,243 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,043,231 |  | 1,323,143 |  |

SHAREHOLDERS' FUNDS | 1,043,331 |  | 1,323,243 |  |

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.

MARYLEBONE PROPERTIES OVERSEAS LIMITED (REGISTERED NUMBER: 07276895) |

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 17 September 2025 and were signed on its behalf by:

R R Shah MSc FRICS - Director

MARYLEBONE PROPERTIES OVERSEAS LIMITED (REGISTERED NUMBER: 07276895) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Marylebone Properties Overseas 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.

| PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

| The financial statements contain information about Marylebone Properties Overseas Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| TURNOVER

| Turnover represents net invoiced sales of services, excluding value added tax.

| 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 | - | over the duration of the lease

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| INVESTMENTS IN SUBSIDIARIES

| Investments in subsidiary undertakings are recognised at cost.

| 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.

MARYLEBONE PROPERTIES OVERSEAS LIMITED (REGISTERED NUMBER: 07276895) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2023 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |  | Computer |

| leasehold |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024 | 153,726 |  | 24,790 |  | 13,524 |  | 192,040 |  |

| Additions | 4,238 |  | 368 |  | - |  | 4,606 |  |

| At 31 December 2024 | 157,964 |  | 25,158 |  | 13,524 |  | 196,646 |  |

| DEPRECIATION

| At 1 January 2024 | 153,726 |  | 22,384 |  | 12,775 |  | 188,885 |  |

| Charge for year | 128 |  | 694 |  | 187 |  | 1,009 |  |

| At 31 December 2024 | 153,854 |  | 23,078 |  | 12,962 |  | 189,894 |  |

| NET BOOK VALUE

| At 31 December 2024 | 4,110 |  | 2,080 |  | 562 |  | 6,752 |  |

| At 31 December 2023 | - |  | 2,406 |  | 749 |  | 3,155 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertaking

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 100 |  |

| NET BOOK VALUE

| At 31 December 2024 | 100 |  |

| At 31 December 2023 | 100 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 1,212,878 |  | 1,151,276 |  |

MARYLEBONE PROPERTIES OVERSEAS LIMITED (REGISTERED NUMBER: 07276895) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade creditors | 2,889 |  | 2,889 |  |

| Amounts owed to group undertakings | 267,520 |  | 267,520 |  |

| Taxation and social security | 3,231 |  | 22,647 |  |

| Other creditors | 154,850 |  | 228,755 |  |

428,490 |  | 521,811 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2024 | 2023 |

£ | £ |

| Within one year | - |  | 20,493 |  |

| In more than five years | 669,400 |  | - |  |

669,400 |  | 20,493 |  |

| The company renewed its office lease on 13 September 2024. Prior to the year end, it made a decision to negotiate the assignment of the same to its subsidiary. Following negotiations with the landlord, the lease was assigned on 4 August 2025.

9. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax | 661 |  | 788 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 788 |  |

| Provided during year | (127 | ) |

| Decelerated capital allowances |

| Balance at 31 December 2024 | 661 |  |

10. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| At the balance sheet date, the company was owed £765,000 (2023 - £765,000) by companies of which R R Shah is a director.

| At the balance sheet date, the company owed £147,259 (2023 - £197,259) to a company of which R R Shah is a director.

11. | ULTIMATE CONTROLLING PARTY

| The controlling party is R R Shah MSc FRICS.