MAARS FOSTERING LIMITED

MAARS FOSTERING LIMITED
Director's Report
For the Period 18 January 2024 to 30 January 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 30 January 2025.

Principal activities

Principal activity of the company during the financial period was the establishment and preparation for operating as an independent fostering agency. The company had not commenced trading by the period end.

Director

The director who served the company throughout the period was as follows:

Radhika VEMURA

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

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Radhika VEMURA
Director

Date approved: 15 December 2025

MAARS FOSTERING LIMITED
Statement of Financial Position
As at 30 January 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	3,000
		3,000
Current assets
Debtors	4	1,527
Cash at bank and in hand		86,609
		88,136
Creditors: amount falling due within one year	5	(825)
Net current assets		87,311

Total assets less current liabilities		90,311
Creditors: amount falling due after more than one year	6	(151,902)
Net assets		(61,591)

Capital and reserves
Called up share capital	7	100
Profit and loss account		(61,691)
Shareholders' funds		(61,591)

For the period ended 30 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The financial statements were approved by the director on 15 December 2025 and were signed by:

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Radhika VEMURA
Director

MAARS FOSTERING LIMITED
Statement of Changes in Equity
For the Period 18 January 2024 to 30 January 2025

	Equity share capital	Revaluation reserve	Capital redemption reserve	Retained Earnings	Total
	£	£	£	£	£
At 18 January 2024					-
Profit for the period				(61,691)	(61,691)
Total comprehensive income for the period	-	-	-	(61,691)	(61,691)
Shares issued	100				100
Total investments by and distributions to owners	100	-	-	-	100
At 30 January 2025	100			(61,691)	(61,591)

MAARS FOSTERING LIMITED
Notes to the Financial Statements
For the Period 18 January 2024 to 30 January 2025

General Information

MAARS FOSTERING LIMITED is a private company, limited by shares, registered in , registration number 15425127, registration address THE ENGINE HOUSE BEXLEY, 2 VERIDION WAY ERITH, DA18 4AL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

15% Reducing Balance

2.	Average number of employees Average number of employees during the period was 3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 18 January 2024	-	-
Additions	3,530	3,530
Disposals	-	-
At 30 January 2025	3,530	3,530
Depreciation
At 18 January 2024	-	-
Charge for period	530	530
On disposals	-	-
At 30 January 2025	530	530
Net book values
Closing balance as at 30 January 2025	3,000	3,000
Opening balance as at 18 January 2024	-	-

Debtors: amounts falling due within one year

	2025 £
VAT	1,527
	1,527

Creditors: amount falling due within one year

	2025 £
PAYE & Social Security	25
Accrued Expenses	800
	825

Creditors: amount falling due after more than one year

	2025 £
Other Creditors	120,000
Directors' Loan Accounts	31,902
	151,902

Share Capital

Allotted, called up and fully paid	2025 £
100 Ordinary shares of £1.00 each	100
	100

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)		Balance owed by/(owed to)
	2025 £		2025 £
SOHAM FASHIONS LIMITED	0		120,000

Soham Fashions Limited is considered a related party as it is controlled by the spouse of the company’s director. The spouse is also a director of the company. The balance due to Soham Fashions Limited at 30 January 2025 was £120,000 (2024: £nil). The amount is unsecured, interest chargeable in accordance with the loan agreement and repayable on demand, although it is not expected to be settled within twelve months. No security or guarantees were provided.

9.	Director’s loan

Director’s Loan Account

Included within creditors: amount falling due after more than one year is an amount of £31,902 (2024: £NIL) due to a director of the company.

The balance is unsecured, interest-free (if applicable), and repayable on demand. No guarantees or security have been given.

Registered Number: 15425127

MAARS FOSTERING LIMITED

Unaudited Financial Statements

Period of accounts Start date: 18 January 2024 End date: 30 January 2025