REGISTERED NUMBER: 00540942 (England and Wales)

MARCHBROWN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

22,507

25,008

Investment property

5

2,774,992

2,774,992

2,797,499

2,800,000

CURRENT ASSETS

Debtors

6

115,558

93,553

Cash at bank

9,524

36,215

125,082

129,768

CREDITORS

Amounts falling due within one year

7

140,107

131,641

NET CURRENT LIABILITIES

(15,025

)

(1,873

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,782,474

2,798,127

PROVISIONS FOR LIABILITIES

5,962

5,962

NET ASSETS

2,776,512

2,792,165

CAPITAL AND RESERVES

Called up share capital

8

90

90

Capital redemption reserve

10

10

Fair value reserve

901,670

901,670

Retained earnings

1,874,742

1,890,395

SHAREHOLDERS' FUNDS

2,776,512

2,792,165

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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:

Mr W Kendrick - Director

1.	STATUTORY INFORMATION

Marchbrown Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00540942

Registered office:

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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.

Turnover

Turnover is represented by the total of rents and service charges receivable, and is shown net of vat.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is initially recognised in the profit and loss account and then transferred to the fair value reserve net of deferred tax.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

327,272

DEPRECIATION

At 1 January 2024

302,264

Charge for year

2,501

At 31 December 2024

304,765

NET BOOK VALUE

At 31 December 2024

22,507

At 31 December 2023

25,008

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

2,774,992

NET BOOK VALUE

At 31 December 2024

2,774,992

At 31 December 2023

2,774,992

The investment properties are shown in the accounts at the professionally valued October 2022 value of £2,800,000.

If the investment properties were stated on a historical cost basis rather than a fair value basis, the amounts would have been £1,873,322 (2023-£1,873,322).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

61,021

52,617

Other debtors

54,537

40,936

115,558

93,553

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

24,298

35,673

Taxation and social security

39,824

18,159

Other creditors

75,985

77,809

140,107

131,641

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,800

Ordinary shares

5p

90

90

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end a balance of £15,250 (2023-£15,250) was due from one of the directors. This balance was interest free, unsecured and repayable on demand.