Company Registration No. 12281969 (England and Wales)
MARATHES LTD
Unaudited accounts
for the year ended 31 October 2025
MARATHES LTD
Unaudited accounts
Contents
MARATHES LTD
Company Information
for the year ended 31 October 2025
Directors
Vasant Marathe
Nitu Marathe
Company Number
12281969 (England and Wales)
Registered Office
12 KELLET WAY
ALSAGER
STOKE-ON-TRENT
ST7 2ZY
ENGLAND
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
MARATHES LTD
Statement of financial position
as at 31 October 2025
Investment property
200,000
190,000
Cash at bank and in hand
3,322
4,965
Creditors: amounts falling due within one year
(71,230)
(68,417)
Net current liabilities
(67,908)
(63,452)
Total assets less current liabilities
132,092
126,548
Creditors: amounts falling due after more than one year
(118,000)
(116,250)
Provisions for liabilities
Deferred tax
(7,810)
(5,310)
Called up share capital
100
100
Fair value reserve
30,135
22,635
Profit and loss account
(23,953)
(17,747)
Shareholders' funds
6,282
4,988
For the year ending 31 October 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 April 2026 and were signed on its behalf by
Vasant Marathe
Director
Company Registration No. 12281969
MARATHES LTD
Notes to the Accounts
for the year ended 31 October 2025
MARATHES LTD is a private company, limited by shares, registered in England and Wales, registration number 12281969. The registered office is 12 KELLET WAY, ALSAGER, STOKE-ON-TRENT, ST7 2ZY, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property is initially recognised at cost and subsequently revalued at each reporting date. Any gains or losses arising on revaluation are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply on disposal of the property.
MARATHES LTD
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2024
2,006
850
2,856
At 31 October 2025
2,006
850
2,856
At 1 November 2024
2,006
850
2,856
At 31 October 2025
2,006
850
2,856
Fair value at 1 November 2024
190,000
Net gain from fair value adjustments
10,000
At 31 October 2025
200,000
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
71,230
68,417
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
118,000
116,250
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).