REGISTERED NUMBER: 08906888 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Mauriana Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E Rees-Davies

M Rees-Davies

Miss A Trevethick

SECRETARY:

E Rees-Davies

REGISTERED OFFICE:

20a High Street

Glastonbury

Somerset

BA6 9DU

REGISTERED NUMBER:

08906888 (England and Wales)

ACCOUNTANTS:

Edward Howells Associates Limited

Chartered Certified Accountants

20a High Street

Glastonbury

Somerset

BA6 9DU

FIXED ASSETS

Tangible assets

4

1,753,984

1,754,687

CURRENT ASSETS

Debtors

5

1,000

346

Cash at bank

7,371

5,329

8,371

5,675

CREDITORS

Amounts falling due within one year

6

938,282

938,505

NET CURRENT LIABILITIES

(929,911

)

(932,830

)

TOTAL ASSETS LESS CURRENT LIABILITIES

824,073

821,857

CREDITORS

Amounts falling due after more than one year

7

(485,000

)

(505,000

)

PROVISIONS FOR LIABILITIES

(24,070

)

(24,070

)

NET ASSETS

315,003

292,787

CAPITAL AND RESERVES

Called up share capital

120

120

Undistributable reserves

8

155,628

155,628

Retained earnings

159,255

137,039

SHAREHOLDERS' FUNDS

315,003

292,787

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

E Rees-Davies - Director

1.	STATUTORY INFORMATION

Mauriana 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,750,000

5,939

1,755,939

DEPRECIATION

At 1 April 2024

-

1,252

1,252

Charge for year

-

703

703

At 31 March 2025

-

1,955

1,955

NET BOOK VALUE

At 31 March 2025

1,750,000

3,984

1,753,984

At 31 March 2024

1,750,000

4,687

1,754,687

Cost or valuation at 31 March 2025 is represented by:

Freehold

Computer

property

equipment

Totals

£

£

£

Valuation in 2015

58,522

-

58,522

Valuation in 2016

31,176

-

31,176

Valuation in 2018

(10,000

)

-

(10,000

)

Valuation in 2021

25,000

-

25,000

Valuation in 2024

75,000

-

75,000

Cost

1,570,302

5,939

1,576,241

1,750,000

5,939

1,755,939

If the properties had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

1,570,302

1,570,302

The properties were valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,000

346

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

20,000

20,000

Tax

7,376

3,060

Other creditors

230,216

63,173

Rental in advance

7,574

7,458

Directors' current accounts

671,916

843,614

Accrued expenses

1,200

1,200

938,282

938,505

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

485,000

505,000

8.

RESERVES

Undistributable

reserves

£

At 1 April 2024

and 31 March 2025

155,628

The undistributable reserve relates to the investment property revaluations less the provision for tax, which are not available for the purpose of dividend distributions.