REGISTERED NUMBER: 02179275 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MARLION (PRESTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M A Crook

Mrs V L Bauer

SECRETARY:

Mr M A Crook

REGISTERED OFFICE:

Nook Farm

Carrhouse Lane

Bretherton

Leyland

Lancashire

PR26 9AR

REGISTERED NUMBER:

02179275 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,100

5,500

Investment property

5

312,500

312,500

316,600

318,000

CURRENT ASSETS

Debtors

6

-

1,602

Cash at bank

743

4,429

743

6,031

CREDITORS

Amounts falling due within one year

7

79,541

72,578

NET CURRENT LIABILITIES

(78,798

)

(66,547

)

TOTAL ASSETS LESS CURRENT LIABILITIES

237,802

251,453

CREDITORS

Amounts falling due after more than one year

8

(84,321

)

(95,713

)

PROVISIONS FOR LIABILITIES

(779

)

(1,045

)

NET ASSETS

152,702

154,695

CAPITAL AND RESERVES

Called up share capital

2

2

Non-distributable reserve

70,663

70,663

Retained earnings

82,037

84,030

SHAREHOLDERS' FUNDS

152,702

154,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

Mr M A Crook - Director

1.	STATUTORY INFORMATION

Marlion (Preston) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Investment property

The property held by the company is classed as investment property which is held to earn rentals and/or for capital appreciation. Investment property is stated at open market value,at the most recent valuation. Gains or losses arising from the changes in the fair values of investment properties are included in the Income Statement for the period in which they arise. Deferred tax is provided on these movements where applicable.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, prepayments, trade creditors accruals, cash at bank, bank loans and inter company loans. They are all measured at the amount of consideration expected to be received or paid.

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.

Revenue recognition

Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable for goods and services supplied net of discounts.

Rents receivable are recognised when a liability arises on the tenant in accordance with the tenancy agreement.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

18,071

DEPRECIATION

At 1 November 2024

12,571

Charge for year

1,400

At 31 October 2025

13,971

NET BOOK VALUE

At 31 October 2025

4,100

At 31 October 2024

5,500

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

312,500

NET BOOK VALUE

At 31 October 2025

312,500

At 31 October 2024

312,500

Fair value at 31 October 2025 is represented by:

£

Valuation in 2007

33,612

Valuation in 2011

37,051

Cost

241,837

312,500

The directors consider that the market value of freehold property held for investment has remained unchanged since its last valuation on 14th July 2011.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

593

Corporation tax recoverable

-

1,009

-

1,602

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

19,023

19,669

Trade creditors

5,877

8,139

Amounts owed to group undertakings

48,084

37,151

Corporation tax

519

465

Social security and other taxes

160

1,067

Accruals and deferred income

5,878

6,087

79,541

72,578

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans - 1-2 years

19,023

19,669

Bank loans - 2-5 years

57,070

59,008

Bank loans

8,228

17,036

84,321

95,713

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

8,228

17,036

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

103,344

115,382

The bank loan and overdraft facility are secured by a legal charge in favour of Royal Bank of Scotland PLC, dated 23 February 2007, over the company's freehold property. The holding company, Winckley Estates Limited, has given a debenture in favour of Royal Bank of Scotland PLC, in respect of the borrowing requirements of Marlion (Preston) Limited.

10.	ULTIMATE CONTROLLING PARTY