Company Registration No. 07680078 (England and Wales)
Marina Bay Investments Limited
Unaudited accounts
for the year ended 31 December 2024
Marina Bay Investments Limited
Unaudited accounts
Contents
Marina Bay Investments Limited
Statement of financial position
as at 31 December 2024
Tangible assets
87,653
102,410
Investment property
2,000,001
2,000,001
Cash at bank and in hand
52,965
32,163
Creditors: amounts falling due within one year
(33,208)
(24,222)
Net current assets
19,757
7,941
Total assets less current liabilities
2,107,411
2,110,352
Creditors: amounts falling due after more than one year
(1,184,798)
(1,181,909)
Provisions for liabilities
Deferred tax
(1,943)
(8,429)
Net assets
920,670
920,014
Called up share capital
100
100
Fair value reserve
875,214
875,214
Profit and loss account
45,356
44,700
Shareholders' funds
920,670
920,014
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
Mr I Dowling
Director
Company Registration No. 07680078
Marina Bay Investments Limited
Notes to the Accounts
for the year ended 31 December 2024
Marina Bay Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 07680078. The registered office is Upper Woodston, Newnham Bridge, Tenbury Wells, WR15 8NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Other tangible fixed assets
10% reducing balance
4
Tangible fixed assets
Total
At 31 December 2024
352,122
Charge for the year
14,757
At 31 December 2024
264,469
At 31 December 2024
87,653
At 31 December 2023
102,410
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).