REGISTERED NUMBER: 00495107 (England and Wales)

MARSTON FINANCE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M P Stone

SECRETARY:

Mr M P Stone

REGISTERED OFFICE:

Second Floor

34 Lime Street

London

EC3M 7AT

REGISTERED NUMBER:

00495107 (England and Wales)

ACCOUNTANTS:

Carston ETL

Chartered Accountants

Second Floor

34 Lime Street

London

EC3M 7AT

FIXED ASSETS

Tangible assets

4

-

-

Investment properties

5

1,615,000

1,625,000

1,615,000

1,625,000

CURRENT ASSETS

Stocks

28,900

28,900

Debtors

6

319,041

338,067

Cash at bank

3,323

5,179

351,264

372,146

CREDITORS

Amounts falling due within one year

7

149,922

81,913

NET CURRENT ASSETS

201,342

290,233

TOTAL ASSETS LESS CURRENT LIABILITIES

1,816,342

1,915,233

CREDITORS

Amounts falling due after more than one year

8

(633,017

)

(619,500

)

PROVISIONS FOR LIABILITIES

(306,798

)

(309,298

)

NET ASSETS

876,527

986,435

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

1,078,660

1,086,160

Retained earnings

(203,133

)

(100,725

)

SHAREHOLDERS' FUNDS

876,527

986,435

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 December 2025 and were signed by:

Mr M P Stone - Director

1.	STATUTORY INFORMATION

Marston Finance 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.

Basic financial instruments

Trade and other debtors / creditors

Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Subsequent to initial recognition, they are measured at transaction prices less any impairment losses. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs.

Cash and cash equivalents

Cash and cash equivalents comprise of cash balances and deposits.

Turnover

Turnover represents the value, net of Value Added Tax, of sale of auto parts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33.33% straight line on cost

Computer equipment

-

25% straight line on cost

Investment properties

Investment properties are shown at their fair value and revalued annually. Any gains or losses are recognised in the Statement of Profit or Loss. Deferred taxation is provided on these gains at the rate set on the balance sheet date.

In accordance with the FRS 102, no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the director considers that to depreciate them would not give a true and fair view. Depreciation is only one of many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The director considers that this policy results in the financial statements giving a true and fair view.

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,600

2,950

6,550

DEPRECIATION

At 1 April 2024

and 31 March 2025

3,600

2,950

6,550

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1 April 2024

1,625,000

Revaluations

(10,000

)

At 31 March 2025

1,615,000

NET BOOK VALUE

At 31 March 2025

1,615,000

At 31 March 2024

1,625,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2009

670,459

Valuation in 2020

450,000

Valuation in 2021

240,000

Valuation in 2023

35,000

Valuation in 2025

(10,000

)

Cost

229,541

1,615,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

319,041

338,067

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

63,462

-

Trade creditors

2,580

2,520

Taxation and social security

7,469

2,658

Other creditors

76,411

76,735

149,922

81,913

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

633,017

619,500

9.	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 M P Stone

Balance outstanding at start of year

65,128

57,253

Amounts advanced

54,328

7,875

Amounts repaid

(32,197

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

87,259

65,128