MARINE GARDENS (SELSEY) MANAGEMENT LIMITED

Registered number

01394515

Filleted Accounts

31 March 2026

MARINE GARDENS (SELSEY) MANAGEMENT LIMITED
Registered number:		01394515
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Investments	3		1,075			794

Current assets
Cash at bank and in hand		39			-


Net current assets			39			-

Net assets			1,114			794

Capital and reserves
Called up share capital			200			200
Profit and loss account			914			594

Shareholders' funds			1,114			794

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




N Reynolds
Director
Approved by the board on 31 May 2026

MARINE GARDENS (SELSEY) MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes service charges received from property owners for the maintenace of the estate.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	-		-


3	Investments

Other
investments
£
	Cost
	At 1 April 2025			794
	Revaluation			281

	At 31 March 2026			1,075

	Historical cost
	At 1 April 2025			621
	At 31 March 2026			621



4	Controlling party

	There is no controlling party the 20 issued shares being held by 20 independent parties.


5	Other information

	MARINE GARDENS (SELSEY) MANAGEMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	119 High Street
	Selsey
	Chichester
	West Sussex
	PO20 0QB