MARILLION PROPERTIES LIMITED


Directors	CURTIS, Amelia Sophie
	CURTIS, Robin David Melville


Company Secretary	CURTIS, Robin David Melville


Registered Address	4 Lockhart Drive
	Holt
	NR25 6FP


Registered Number	12561375 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	4		1,234,598		1,234,598
Investment property	3		5,189,568		4,248,900
			6,424,166		5,483,498
Current assets
Debtors	5	200,173		288,132
Cash at bank and on hand		25,395		-
		225,568		288,132
Creditors amounts falling due within one year	6	(2,884,886)		(2,025,665)
Net current assets (liabilities)			(2,659,318)		(1,737,533)
Total assets less current liabilities			3,764,848		3,745,965
Net assets			3,764,848		3,745,965
Capital and reserves
Called up share capital			3,225,902		3,225,902
Revaluation reserve			338,065		358,065
Profit and loss account			200,881		161,998
Shareholders' funds			3,764,848		3,745,965

The company was entitled to exemption from audit for this reporting period 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 November 2025, and are signed on its behalf by:

CURTIS, Amelia Sophie
Director

CURTIS, Robin David Melville
Director

Registered Company No. 12561375

MARILLION PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Investment property


		£
	Fair value at 01 April 24	4,248,900
	Additions	1,160,668
	Disposals	(220,000)
	At 31 March 25	5,189,568

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 24	1,234,598	1,234,598
At 31 March 25	1,234,598	1,234,598
Net book value
At 31 March 25	1,234,598	1,234,598
At 31 March 24	1,234,598	1,234,598

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	200,173	288,132
Total	200,173	288,132

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	8,103	-
Other creditors	2,876,783	2,025,365
Accrued liabilities and deferred income	-	300
Total	2,884,886	2,025,665


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Directors advances, credits and guarantees
	At the year end of balance sheet The Director has Credit balance of £861,675.

8.	Related party transactions
	Creditors includes balance of £2,013,838 (2024 : £2,022,100) related to Osterley Property partnership Limited and Debtors includes balance of Windmill Residential (Management Co ) Ltd. £193,795 (2024 : £285,165)