Company Registration No. 06334221 (England and Wales)
Marbus Developments Limited
Unaudited accounts
for the year ended 31 August 2025
Marbus Developments Limited
Unaudited accounts
Contents
Marbus Developments Limited
Company Information
for the year ended 31 August 2025
Directors
J S Marbus
C B Marbus
Company Number
06334221 (England and Wales)
Registered Office
Lower Farm Barn
Winterbourne
Newbury
Berkshire
RG20 8AU
Accountants
MHaccounting Practice Limited
1 Barton Copse
Chieveley
Berkshire
RG20 8RN
Marbus Developments Limited
Statement of financial position
as at 31 August 2025
Tangible assets
1,367,695
620,147
Inventories
646,182
280,230
Cash at bank and in hand
51,839
123,733
Creditors: amounts falling due within one year
(430,115)
(21,489)
Net current assets
393,337
415,441
Total assets less current liabilities
1,761,032
1,035,588
Creditors: amounts falling due after more than one year
(1,010,668)
-
Provisions for liabilities
Deferred tax
(10,962)
(18,078)
Net assets
739,402
1,017,510
Called up share capital
2
2
Profit and loss account
739,400
1,017,508
Shareholders' funds
739,402
1,017,510
For the year ending 31 August 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 29 May 2026 and were signed on its behalf by
J S Marbus
Director
Company Registration No. 06334221
Marbus Developments Limited
Notes to the Accounts
for the year ended 31 August 2025
Marbus Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 06334221. The registered office is Lower Farm Barn, Winterbourne, Newbury, Berkshire, RG20 8AU.
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.
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:
Land & buildings
No depreciation
Plant & machinery
20% on cost
Motor vehicles
20% on cost
Fixtures & fittings
20% on cost
Computer equipment
33% on cost
Intangible fixed assets are included at cost less accumulated amortisation. Amortisation is provided at 20% on cost.
4
Intangible fixed assets
Other
Marbus Developments Limited
Notes to the Accounts
for the year ended 31 August 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
525,000
108,900
168,687
802,587
Additions
785,000
-
-
785,000
At 31 August 2025
1,310,000
108,900
168,687
1,587,587
At 1 September 2024
-
69,640
112,800
182,440
Charge for the year
-
19,930
17,522
37,452
At 31 August 2025
-
89,570
130,322
219,892
At 31 August 2025
1,310,000
19,330
38,365
1,367,695
At 31 August 2024
525,000
39,260
55,887
620,147
Work in progress
646,182
280,230
As at the balance sheet date, the company had two active building sites under construction. All active sites are valued at the lower of cost and net realisable value.
Work in progress includes cumulative development expenditures brought forward from the prior financial year, alongside current year additions. These costs are carried forward as a current assets because the underlying construction and development phase span multiple financial periods.
Work in Progress represents the accumulated direct materials, direct subcontractor costs and other fees directly attributable to the builds. No borrowing costs or general administrative overheads have been capitalised into the work in progress balance.
In accordance with FRS 102 Section 13, no revenues or corresponding build costs are recognised in the Profit and Loss account until the point of legal completion, when the risks and rewards of ownership transfer to the buyer.
The directors have reviewed the estimated final selling prices against total forecasted costs to complete for both sites and confirm that no impairment write downs are required at the reporting date.
Amounts falling due within one year
Accrued income and prepayments
118,465
6,620
Marbus Developments Limited
Notes to the Accounts
for the year ended 31 August 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
402,052
-
Trade creditors
22,988
16,101
Taxes and social security
3,082
2,076
Loans from directors
-
1,462
9
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
204,153
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan
(1,021)
(101,327)
-
(102,348)
Director loan
(441)
(101,364)
-
(101,805)
(1,462)
(202,691)
-
(204,153)
As at the year end 31st August 2025 the company owed the directors. The amount owed to the directors is included in the balance sheet within creditors: amounts falling due greater than one year.
As at the prior year end 31st August 2024, the company owed the directors. The amount owed to the directors is included in the balance sheet within creditors: amounts falling due within one year.
12
Average number of employees
During the year the average number of employees was 3 (2024: 3).