1 August 2024 false No description of principal activity Taxfiler 2024.6 NI689770 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI689770 2024-07-31 NI689770 2024-08-01 2025-07-31 NI689770 business:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 NI689770 business:FilletedAccounts 2024-08-01 2025-07-31 NI689770 2025-07-31 NI689770 business:Director1 2024-08-01 2025-07-31 NI689770 business:RegisteredOffice 2024-08-01 2025-07-31 NI689770 2024-07-31 NI689770 core:WithinOneYear 2025-07-31 NI689770 core:WithinOneYear 2024-07-31 NI689770 core:AfterOneYear 2025-07-31 NI689770 core:AfterOneYear 2024-07-31 NI689770 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 NI689770 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 NI689770 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 NI689770 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 NI689770 core:PreviouslyStatedAmount 2025-07-31 NI689770 core:PreviouslyStatedAmount 2024-07-31 NI689770 business:SmallEntities 2024-08-01 2025-07-31 NI689770 countries:NorthernIreland 2024-08-01 2025-07-31 NI689770 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. NI689770 (Northern Ireland)
MARSDEN PROPERTY LTD Unaudited accounts for the year ended 31 July 2025
MARSDEN PROPERTY LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MARSDEN PROPERTY LTD Company Information for the year ended 31 July 2025
Director
Harvey Marsden
Company Number
NI689770 (Northern Ireland)
Registered Office
30 Hollymount Belfast BT10 0GN NORTHERN IRELAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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MARSDEN PROPERTY LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
84,044
84,044
Current assets
Cash at bank and in hand
1,874
723
Creditors: amounts falling due within one year
5
(24,154)
(24,754)
Net current liabilities
(22,280)
(24,031)
Total assets less current liabilities
61,764
60,013
Creditors: amounts falling due after more than one year
6
(60,325)
(60,352)
Net assets/(liabilities)
1,439
(339)
Capital and reserves
Called up share capital
1
2
Profit and loss account
1,438
(341)
Shareholders' funds
1,439
(339)
For the year ending 31 July 2025 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 8 September 2025 and were signed on its behalf by
Harvey Marsden Director Company Registration No. NI689770
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MARSDEN PROPERTY LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
MARSDEN PROPERTY LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI689770. The registered office is 30 Hollymount, Belfast, BT10 0GN, NORTHERN IRELAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Fair value at 1 August 2024
84,044
At 31 July 2025
84,044
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
337
-
Loans from directors
23,817
24,754
24,154
24,754
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
60,325
60,352
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MARSDEN PROPERTY LTD Notes to the Accounts for the year ended 31 July 2025
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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