MARK AND ROSE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

8

DIRECTOR:

M C Hughes

REGISTERED OFFICE:

First Floor, Woburn Court

2 Railton Road

Woburn Road Industrial Estate

Kempston

Bedfordshire

MK42 7PN

REGISTERED NUMBER:

07686443 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Tangible assets

4

4,519

344

Investments

5

349,176

349,278

Investment property

6

956,151

956,151

1,309,846

1,305,773

CURRENT ASSETS

Debtors

7

135,000

194,034

Cash at bank

82,692

85,884

217,692

279,918

CREDITORS

Amounts falling due within one year

8

4,682

14,446

NET CURRENT ASSETS

213,010

265,472

TOTAL ASSETS LESS CURRENT LIABILITIES

1,522,856

1,571,245

PROVISIONS FOR LIABILITIES

20,761

20,761

NET ASSETS

1,502,095

1,550,484

CAPITAL AND RESERVES

Called up share capital

155

155

Other reserves

135,840

135,840

Retained earnings

1,366,100

1,414,489

SHAREHOLDERS' FUNDS

1,502,095

1,550,484

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

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

The director acknowledges his 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th September 2025 and were signed by:

M C Hughes - Director

1.	STATUTORY INFORMATION

Mark and Rose 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Preparation of consolidated financial statements

The financial statements contain information about Mark and Rose 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 for the year represents the following, stated net of value added tax where applicable:

- rental income receivable;

- consultancy fees receivable; and

- dividend income generated from investments.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost.

Investment property

Investment properties are accounted for where fair value can be measured reliably at each reporting date with changes in fair value recognised in profit or loss. No formal valuation has taken place during the year by a professional independent valuer. The current fair value is based on a recognised valuation model.

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.

Investments

Investments in associated undertakings are shown at cost less any provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st April 2024

1,049

Additions

4,716

At 31st March 2025

5,765

DEPRECIATION

At 1st April 2024

705

Charge for year

541

At 31st March 2025

1,246

NET BOOK VALUE

At 31st March 2025

4,519

At 31st March 2024

344

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Shares in group undertakings

-

100

Participating interests

177

179

Loans to undertakings in which the company has a participating interest

348,999

348,999

349,176

349,278

Additional information is as follows:

Shares in

Interest

Interest

group

in joint

in

undertakings

venture

associate

Totals

£

£

£

£

COST

At 1st April 2024

100

1

178

279

Disposals

(100

)

-

(2

)

(102

)

At 31st March 2025

-

1

176

177

NET BOOK VALUE

At 31st March 2025

-

1

176

177

At 31st March 2024

100

1

178

279

Loans to

joint

ventures

£

At 1st April 2024

and 31st March 2025

348,999

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

956,151

NET BOOK VALUE

At 31st March 2025

956,151

At 31st March 2024

956,151

Fair value at 31st March 2025 is represented by:

£

Valuation in 2021

95,886

Valuation in 2023

60,715

Cost

799,550

956,151

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

2025

2024

£

£

Cost

799,550

799,550

Investment properties were valued on an open market basis on 31st March 2025 by Mr M C Hughes, the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

7,602

Amounts owed by associates

135,000

186,432

135,000

194,034

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

380

380

Corporation tax

(2

)

188

Other creditors

26

28

Directors' current accounts

2,418

11,991

Accruals and deferred income

1,860

1,859

4,682

14,446

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 Statement of Comprehensive Income 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 Mark and Rose Limited for the year ended 31st March 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Mark and Rose Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mark and Rose Limited and state those matters that we have agreed to state to the director of Mark and Rose 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 Mark and Rose Limited and its director for our work or for this report.

It is your duty to ensure that Mark and Rose 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 Mark and Rose Limited. You consider that Mark and Rose 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 Mark and Rose 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.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

24th September 2025