REGISTERED NUMBER: 01737690 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MARPAUL HOLDINGS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R S Clark

REGISTERED OFFICE:

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

REGISTERED NUMBER:

01737690 (England and Wales)

ACCOUNTANTS:

Raffingers Holdings Limited

Chartered Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

4

272,172

12,897

Investment property

5

400,000

4,300,000

672,172

4,312,897

CURRENT ASSETS

Debtors

1,513,395

1,310,298

Cash at bank and in hand

779

13,790

1,514,174

1,324,088

CREDITORS

Amounts falling due within one year

1,462,697

1,535,715

NET CURRENT ASSETS/(LIABILITIES)

51,477

(211,627

)

TOTAL ASSETS LESS CURRENT LIABILITIES

723,649

4,101,270

CREDITORS

Amounts falling due after more than one year

(37,973

)

(2,123,258

)

PROVISIONS FOR LIABILITIES

(10,674

)

(397,524

)

NET ASSETS

675,002

1,580,488

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

32,021

1,287,977

Retained earnings

642,881

292,411

SHAREHOLDERS' FUNDS

675,002

1,580,488

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

Mr R S Clark - Director

1.	STATUTORY INFORMATION

Marpaul Holdings 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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

150,232

Additions

350,000

At 31 March 2025

500,232

DEPRECIATION

At 1 April 2024

137,335

Charge for year

90,725

At 31 March 2025

228,060

NET BOOK VALUE

At 31 March 2025

272,172

At 31 March 2024

12,897

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

4,300,000

Disposals

(3,900,000

)

At 31 March 2025

400,000

NET BOOK VALUE

At 31 March 2025

400,000

At 31 March 2024

4,300,000

Investment property was valued on an open market basis on 31 March 2025 by the directors.

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

37,973

2,123,258

The bank loan is secured by way of a fixed and floating charge over the properties held by the company.

7.	RELATED PARTY DISCLOSURES

At the previous balance sheet date, the company owed £108,089 to Mr R S Clark, the director.

At the balance sheet date, the company owed £316,734 (2024: £454,564) to Marpaul Limited, £140,820 (2024: £403,464) to The Gardens At Yalding limited, and £84,500 (2024: £84,500) to Music Station Limited, all companies in which the director of this company is a director.

At the previous balance sheet date, the company owed £190,470 to Vridis Partnership Limited, a company in which the director of this company is a director.

At the balance sheet date, the company was owed £115,495 (2024: £115,495) by House Of Toam Limited, £447,633 (2024: £1,033,511) by Marpaul Southern Limited, £250 (2024: £550) by 12 Park Avenue Dover Management Limited, £396,774 (2024 : £245,300) by Marpaul Construction Limited, £108,328 (2024: £59,777) by Marpaul Management Limited, and £366,091 (2024: £348,091) by K Sports Management Limited, all companies in which the director of this company is a director.

During the year, the company paid management fees of £28,600 (2024: £nil) to Marpaul Management Limited, £353,123 (2024: £4,500) to Marpaul Construction Limited and £140,625 (2024: £nil) to K Sports Managements Ltd.

During the year, the company received rent of £25,000 (2024: £300,000) from K Sports Management Limited.