REGISTERED NUMBER: SC514711 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Marlebone Holdings UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J O'Brien

REGISTERED OFFICE:

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

REGISTERED NUMBER:

SC514711 (Scotland)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

FIXED ASSETS

Tangible assets

4

127,120

74,266

Investments

5

111,185

434,647

238,305

508,913

CURRENT ASSETS

Debtors

6

430,249

459,084

Cash at bank

31,187

216,117

461,436

675,201

CREDITORS

Amounts falling due within one year

7

434,996

874,108

NET CURRENT ASSETS/(LIABILITIES)

26,440

(198,907

)

TOTAL ASSETS LESS CURRENT LIABILITIES

264,745

310,006

CREDITORS

Amounts falling due after more than one year

8

(27,048

)

(33,326

)

PROVISIONS FOR LIABILITIES

(33,805

)

(23,961

)

NET ASSETS

203,892

252,719

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

26,538

34,647

Retained earnings

177,254

217,972

SHAREHOLDERS' FUNDS

203,892

252,719

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

J O'Brien - Director

1.	STATUTORY INFORMATION

Marlebone Holdings UK Ltd is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

88,564

Additions

85,082

Disposals

(16,079

)

At 31 March 2025

157,567

DEPRECIATION

At 1 April 2024

14,298

Charge for year

18,560

Eliminated on disposal

(2,411

)

At 31 March 2025

30,447

NET BOOK VALUE

At 31 March 2025

127,120

At 31 March 2024

74,266

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

434,647

Disposals

(350,000

)

Revaluations

26,538

At 31 March 2025

111,185

NET BOOK VALUE

At 31 March 2025

111,185

At 31 March 2024

434,647

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

34,647

Valuation in 2025

76,538

111,185

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

-

1,800

Amounts owed by associates

399,806

429,292

Other debtors

10,443

7,992

410,249

439,084

Amounts falling due after more than one year:

Amounts owed by participating interests

20,000

20,000

Aggregate amounts

430,249

459,084

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,364

6,364

Trade creditors

37,526

2,177

Amounts owed to associates

196,500

126,500

Taxation and social security

1,828

122,953

Other creditors

192,778

616,114

434,996

874,108

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

27,048

33,326

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,591

7,869

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

34,647

Revaluation

(8,109

)

At 31 March 2025

26,538