Company No: 00225064 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Mrs D F Pearson
	Mr K W Pearson

Registered office	Tyler Way
	Swalecliffe
	Whitstable
	Kent
	CT5 2RT
	United Kingdom

Company number

00225064 (England and Wales)

Accountant	Kreston Reeves LLP
	37 St Margarets Street
	Canterbury
	Kent
	CT1 2TU

Solicitors	Girlings
	16 Rose Lane
	Canterbury
	CT1 2VR
	Kent

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	850,000		850,000
Investments	4	19,329		19,329
		869,329		869,329
Current assets
Debtors	5	755,521		738,838
Cash at bank and in hand		27,790		44,888
		783,311		783,726
Creditors: amounts falling due within one year	6	( 12,400)		( 12,370)
Net current assets		770,911		771,356
Total assets less current liabilities		1,640,240		1,640,685
Provision for liabilities		( 157,409)		( 107,038)
Net assets		1,482,831		1,533,647
Capital and reserves
Called-up share capital		255,254		255,254
Revaluation reserve		651,148		651,148
Capital redemption reserve		36,746		36,746
Profit and loss account		539,683		590,499
Total shareholder's funds		1,482,831		1,533,647

For the financial 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.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Marie Antoinette Company (The) Limited (registered number: 00225064) were approved and authorised for issue by the Board of Directors on 26 September 2025. They were signed on its behalf by:

Mr K W Pearson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Marie Antoinette Company (The) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Tyler Way, Swalecliffe, Whitstable, Kent, CT5 2RT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

The company has taken advantage of the provisions of FRS102 to revalue land and buildings to their fair value at the date of transition to the new accounting standard, 1 January 2015. A policy of continual revaluation has not been adopted by the company. See note 3 for further details.

The directors have determined that the residual value of the land and property will not be significantly lower then the deemed cost included within the accounts. Accordingly, no depreciation has been calculated on the basis that it will be immaterial.

Land and buildings

not depreciated

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Land and buildings		Total
	£		£
Cost/Valuation
At 01 January 2024	850,000		850,000
At 31 December 2024	850,000		850,000
Accumulated depreciation
At 01 January 2024	0		0
At 31 December 2024	0		0
Net book value
At 31 December 2024	850,000		850,000
At 31 December 2023	850,000		850,000

At 31 December 2024 the valuation of land and buildings totalling £850,000 comprises an historic cost element of £220,367 and a revaluation element of £629,633.

A valuation of the land and buildings was performed on 31 December 2016 by the directors on a market value basis in the sum of £850,000. To arrive at his valuation land and buildings were valued at the date of transition to FRS102, 1 January 2015, at £850,000 and no depreciation has been charged on these assets.

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

Net book value: £21,212

4. Fixed asset investments

	2024		2023
	£		£
Subsidiary undertakings	19,329		19,329

5. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	754,584		737,901
Other debtors	937		937
	755,521		738,838

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	610		580
Amounts owed to Group undertakings	11,790		11,790
	12,400		12,370