REGISTERED NUMBER: 04559629 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Marblehome Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A J White

SECRETARY:

Mrs A Underhill

REGISTERED OFFICE:

Woodlands

212 Staplegrove Road

Taunton

Somerset

TA2 6AL

REGISTERED NUMBER:

04559629 (England and Wales)

FIXED ASSETS

Tangible assets

4

272,397

323,686

Investments

5

51

51

Investment property

6

1,275,000

1,275,000

1,547,448

1,598,737

CURRENT ASSETS

Stocks

33,651

33,651

Debtors

7

2,035,003

2,619,180

Investments

8

150,000

150,000

Cash at bank

910,957

63,913

3,129,611

2,866,744

CREDITORS

Amounts falling due within one year

9

136,348

189,535

NET CURRENT ASSETS

2,993,263

2,677,209

TOTAL ASSETS LESS CURRENT LIABILITIES

4,540,711

4,275,946

CREDITORS

Amounts falling due after more than one year

10

(200,578

)

-

PROVISIONS FOR LIABILITIES

12

(73,345

)

(86,167

)

NET ASSETS

4,266,788

4,189,779

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Other reserves

188,569

188,569

Retained earnings

4,077,219

4,000,210

SHAREHOLDERS' FUNDS

4,266,788

4,189,779

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2025 and were signed by:

Mr A J White - Director

1.	STATUTORY INFORMATION

Marblehome 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

The turnover shown in the profit and loss account represents amounts due during the year, exclusive of Value Added Tax.

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

-

20% on straight line basis

Motor vehicles

-

20% on straight line basis

All fixed assets are initially recorded at cost.

Investments in associates

Investments in associate undertakings are recognised at cost.

Investment property

Investment properties are initially recognised at cost and subsequently carried at fair value, determined annually by the Director who is not a professionally qualified valuer. Changes in fair values are recognised in the profit and loss.

The investment properties are subject to renovations or improvements at regular intervals. The cost of major renovations and improvements are capitalised and the carrying amounts of the replaced components are recognised in the profit and loss. The cost of maintenance, repairs and minor improvements is recognised in the profit and loss when incurred.

On disposal of an investment property, the difference between the disposal proceeds and the carrying amount is recognised in the profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

287,702

307,947

595,649

Additions

-

78,000

78,000

At 31 March 2025

287,702

385,947

673,649

DEPRECIATION

At 1 April 2024

131,281

140,682

271,963

Charge for year

57,541

71,748

129,289

At 31 March 2025

188,822

212,430

401,252

NET BOOK VALUE

At 31 March 2025

98,880

173,517

272,397

At 31 March 2024

156,421

167,265

323,686

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

and 31 March 2025

51

NET BOOK VALUE

At 31 March 2025

51

At 31 March 2024

51

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,275,000

NET BOOK VALUE

At 31 March 2025

1,275,000

At 31 March 2024

1,275,000

The historical cost of the property investments is £1,081,187 with no accumulated depreciation.

One of the properties, included at a cost of £262,956, is part of a joint venture and the value to the company represents the company's 50% share of the property.

The property portfolio has been valued by the director Mr A J White who is not a professionally qualified valuer.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

200,665

Cost

1,074,335

1,275,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,357

52,265

Amounts owed by associates

1,728,000

1,728,000

Other debtors

179,423

222,838

Directors' current accounts

-

584,000

Prepayments and accrued income

114,223

32,077

2,035,003

2,619,180

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

150,000

150,000

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

22,364

22,162

Amounts owed to associates

-

80,000

Corporation tax

31,426

65,645

VAT

2,117

12,614

Other creditors

4,114

4,114

Accruals and deferred income

76,327

5,000

136,348

189,535

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

200,578

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

200,578

-

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

73,345

86,167

Deferred

tax

£

Balance at 1 April 2024

86,167

Provided during year

(12,822

)

Balance at 31 March 2025

73,345

The deferred taxation provision is calculated at 25% and comprises £73,076 in respect of the timing difference between depreciation charged in the accounts and capital allowances claimed and deferred tax provision on revalued properties of £5,244.

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr A J White

Balance outstanding at start of year

584,000

-

Amounts advanced

180,000

584,000

Amounts repaid

(764,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

584,000

14.	RELATED PARTY DISCLOSURES

An LLP owned 50% by the company.

Within other debtors there is a members capital loan amount of £1,608,000 (2024: £1,608,000) and a temporary loan of £120,000 (2024: £120,000) due from an LLP which is owned 50% by the company.

A company in which Mr A J White is also a director.

Within other debtors, there is a loan of £65,838 (2024:£110,838) due to Marblehome Ltd.

A company in which Mr A J White is also a director.

Within other debtors, there is a loan of £10,000 (2024: £10,000) due to Marblehome Ltd.

A company in which Mr A J White is also a director.

Within other debtors, there is a loan of £102,000 (2024: £102,000) due to the company. This has been repaid to Marblehome Ltd since the year end. Management charges of £10,000 (2024: £10,000) were receivable in the year from this company.

A company in which Mr A J White is also a director.

Management charges of £20,000 (2024: £20,000) were receivable in the year.

A company in which Mr A J White has an indirect interest.

Within creditors is a loan of £Nil (2024: 80,000) due from a company 50% owned by Marblehome Ltd.