Company Registration No. 00771171 (England and Wales)
Maricol Properties Limited
Unaudited accounts
for the year ended 31 March 2025
Maricol Properties Limited
Unaudited accounts
Contents
Maricol Properties Limited
Company Information
for the year ended 31 March 2025
Directors
Mr J J Landau
Mrs Z Landau Konson
Company Number
00771171 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Maricol Properties Limited
Statement of financial position
as at 31 March 2025
Investment property
1,990,750
1,990,750
Investments
286,503
454,587
Cash at bank and in hand
91,536
87,282
Creditors: amounts falling due within one year
(70,904)
(9,769)
Net current assets
265,750
77,513
Total assets less current liabilities
2,543,003
2,522,850
Provisions for liabilities
Deferred tax
(392,658)
(392,658)
Net assets
2,150,345
2,130,192
Called up share capital
100
100
Fair value reserve
1,589,222
1,589,222
Profit and loss account
561,023
540,870
Shareholders' funds
2,150,345
2,130,192
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 December 2025 and were signed on its behalf by
Mr J J Landau
Director
Company Registration No. 00771171
Maricol Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
Maricol Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 00771171. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the total amount of rent receivable for the year on the investment properties.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in shares are included at fair value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 April 2024
1,990,750
At 31 March 2025
1,990,750
The investment properties were valued by the directors on an open-market for existing use basis.
Maricol Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
454,587
Fair value adjustments
(3,608)
Valuation at 31 March 2025
286,503
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
67,743
6,608
Loans from directors
281
281
Included with other debtors is a balance of £183,266 due from a director of the company. Interest is being charged by the company at 2.25% on the outstanding amount.
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).