| Chez Marius Limited |
| Registered number: |
05647551 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
1,036,000 |
|
|
1,036,000 |
|
| Current assets |
| Debtors |
4 |
|
- |
|
|
12,000 |
| Cash at bank and in hand |
|
|
1,417 |
|
|
19,235 |
|
|
|
1,417 |
|
|
31,235 |
|
| Creditors: amounts falling due within one year |
5 |
|
(4,262) |
|
|
(7,034) |
|
| Net current (liabilities)/assets |
|
|
|
(2,845) |
|
|
24,201 |
|
| Total assets less current liabilities |
|
|
|
1,033,155 |
|
|
1,060,201 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(874,199) |
|
|
(843,406) |
|
| Provisions for liabilities |
|
|
|
(82,625) |
|
|
(82,625) |
|
| Net assets |
|
|
|
76,331 |
|
|
134,170 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Non distributable revenue reserve |
7 |
|
|
352,243 |
|
|
352,243 |
| Profit and loss account |
|
|
|
(276,012) |
|
|
(218,173) |
|
| Shareholders' funds |
|
|
|
76,331 |
|
|
134,170 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D A Oakensen |
| Director |
| Approved by the board on 25 September 2025 |
|
| Chez Marius Limited |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
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. |
|
|
Turnover |
|
Turnover is measured at the fair value of rents received or receivable, net of discounts and value added taxes. Turnover is recognised as rents become due. |
|
|
Investment property |
|
Investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price, which is usually the invoice price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. |
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
|
| Other |
| investments |
| £ |
|
Fair Value |
|
At 1 January 2024 |
1,036,000 |
|
|
At 31 December 2024 |
1,036,000 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
- |
|
12,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans and overdrafts |
1,600 |
|
5,834 |
|
Other creditors |
2,662 |
|
1,200 |
|
|
|
|
|
|
4,262 |
|
7,034 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans |
663,202 |
|
632,409 |
|
Other creditors |
210,997 |
|
210,997 |
|
|
|
|
|
|
874,199 |
|
843,406 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Non distributable revenue reserve |
2024 |
|
2023 |
| £ |
£ |
|
|
At 1 January 2024 |
352,243 |
|
116,533 |
|
Gain on revaluation of land and buildings |
- |
|
291,000 |
|
Deferred taxation arising on the revaluation of land and buildings |
- |
|
(55,290) |
|
|
At 31 December 2024 |
352,243 |
|
352,243 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Related party transactions |
|
|
Included in creditors due after one year is an amount of £210,997 (2023: £210,997) which is due to the directors. |
|
|
| 9 |
Other information |
|
|
Chez Marius Limited is a private company limited by shares and incorporated in England. |
|
Its registered office is: |
|
Unit 2 |
|
Bryer Ash Businesss Park |
|
Trowbridge |
|
Wiltshire |
|
BA14 8HE |