ACCOUNTS - Final Accounts preparation

Registered number: 15490424

DAVID MARSHALL PROPERTY LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2025

DAVID MARSHALL PROPERTY LTD

REGISTERED NUMBER: 15490424

BALANCE SHEET

AS AT 28 FEBRUARY 2025

	2025	2025
Note	£	£


Current assets
Stocks	4	1,350,606
Cash at bank and in hand	5	10,391
		1,360,997
Creditors: amounts falling due within one year	6	(1,365,506)
Net current (liabilities)/assets			(4,509)
Total assets less current liabilities			(4,509)
Net (liabilities)/assets			(4,509)

Capital and reserves
Called up share capital			2
Profit and loss account			(4,511)
			(4,509)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 November 2025.

D A Marshall

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

DAVID MARSHALL PROPERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2025

1.	General information

David Marshall Property Ltd ("the Company") is a private company limited by shares, incorporated in England and Wales. The address of its registered office is Leytonstone House, Hanbury Drive, London, E11 1GA. The company was incorporated on 14 February 2024.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have been prepared on a going concern basis. The company will be financed by companies under common control. At the time of approval of these financial statements the directors are of the opinion that the company will continue in operation for the foreseeable future.

2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase, and includes attributable overheads and costs of borrowing.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 2.

Page 2

DAVID MARSHALL PROPERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2025

4.	Stocks
		2025
		£

	Work in progress	1,350,606

5.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	10,391

6.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	3,713
	Other creditors	1,359,393
	Accruals and deferred income	2,400
		1,365,506

7.	Related party transactions
	Within other creditors is a balance due to a company under common control of £1,356,817.

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