Maroda Limited - Filleted accounts


MARODA LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2026



































Company Registration Number: 08729548

MARODA LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 10

MARODA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2026


DIRECTOR

M R Darwent


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

Little Peacocks
Filkins
Lechlade
Gloucestershire
GL7 3JQ


COMPANY REGISTRATION NUMBER

08729548 England and Wales

MARODA LIMITED

BALANCE SHEET
AS AT 31 MARCH 2026


	Notes	2026		2025
		£		£

FIXED ASSETS
Tangible assets	5		350,000		350,000
Investments	6		1,265,730		1,265,730


			1,615,730		1,615,730

CURRENT ASSETS
Debtors	7	246,497		375,700
Cash at bank and in hand		256,864		131,256


		503,361		506,956

CREDITORS: Amounts falling due within one year	8	12,887		4,248
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS			490,474		502,708


TOTAL ASSETS LESS CURRENT LIABILITIES			2,106,204		2,118,438

CREDITORS: Amounts falling due after more than one year	9		417,906		417,906
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			139,878		139,878


NET ASSETS			1,548,420		1,560,654


CAPITAL AND RESERVES
Called up share capital			115		115
Distributable profit and loss account			1,128,671		1,140,905
Non distributable profit and loss account			314,725		314,725
Revaluation reserve			104,909		104,909


SHAREHOLDERS' FUNDS			1,548,420		1,560,654

MARODA LIMITED

BALANCE SHEET
AS AT 31 MARCH 2026


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

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.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board




M R Darwent
Director

Date approved by the board: 7 August 2026

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


1	GENERAL INFORMATION

	Maroda Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	Little Peacocks
	Filkins
	Lechlade
	Gloucestershire
	GL7 3JQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Tangible fixed assets

	Fixed assets, other than those stated below, are carried at cost less accumulated depreciation and accumulated impairment losses.


	Any revaluation increase and/or decrease in the carrying amount of freehold property is recognised in the statement of changes in equity and included in a revaluation reserve in equity, except to the extent that it reverses a revaluation decrease of the same asset previously recognised in the profit and loss account, in which case the increase is credited to the profit and loss account to the extent of the decrease previously expended.

	Decreases that offset previous increases of the same asset are charged in the statement of changes in equity and debited against the revaluation reserve in equity; decreases exceeding the balance in the revaluation reserve relating to an asset are recognised in profit or loss. Each year the difference between depreciation based on the revalued carrying amount of the asset recognised in the profit and loss account and depreciation based on the asset's original cost is transferred from revaluation reserve to retained earnings.

	Depreciation has not been provided in respect of land and buildings. The company adopts a policy of fully maintaining these and as such the residual value is so high, and the expected useful life is so long, that the depreciation charge would be immaterial, both in terms of the depreciation charged for the period and the cumulative charge to the balance sheet.

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Investment Properties

	Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

	Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account in the period in which they arise.

	Investments

	Investments in subsidiaries are shown at cost less accumulated impairment losses.

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Loans receivable are measured initially at fair value, net of transaction costs, and subsequently at amortised cost, less any impairment.


	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Deferred tax relating to land and investment properties that is measured at fair value is measured using the tax rates and allowances that apply to the sale of the asset.


	Current and deferred tax assets and liabilities are not discounted.

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Pensions

	The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments in the balance sheet.

	Consolidation

	The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the option provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	The director has made key assumptions in determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.

4	EMPLOYEES

	The average number of persons employed by the company (including the director) during the year was:

		2026	2025
	Average number of employees	1	1

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


5	TANGIBLE ASSETS
				Freehold property
				£
	Cost
	At 1 April 2025			350,000


	At 31 March 2026			350,000


	Net book value
	At 1 April 2025			350,000


	At 31 March 2026			350,000


	Freehold property was last revalued in October 2021 after seeking a valuation from a local property agent on the basis of fair value. The director has provided a value himself at 31 March 2026. Depreciation will not be charged on the full revalued amount, but the property will be reviewed for impairment annually.

	The freehold property has been revalued as follows:
				Freehold property
				£
	Original cost			210,122
	Revaluation in 2020			176,838
	Revaluation in 2021			37,922
	Revaluation in 2022			23,793
	Revaluation in 2023			(73,675)
	Revaluation in 2024			(25,000)


				350,000


6	FIXED ASSET INVESTMENTS
		Investment in subsidiary	Investment property	Total
		£	£	£
	Cost
	At 1 April 2025	215,730	1,050,000	1,265,730


	At 31 March 2026	215,730	1,050,000	1,265,730


	Net book value
	At 1 April 2025	215,730	1,050,000	1,265,730


	At 31 March 2026	215,730	1,050,000	1,265,730


	In the opinion of the director, the investment property has been stated at fair value.

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


7	DEBTORS
					2026	2025
					£	£
	Other debtors				246,497	375,700


8	CREDITORS: Amounts falling due within one year
					2026	2025
					£	£
	Accruals and deferred income				2,849	2,848
	Other creditors				10,038	1,400


					12,887	4,248


9	CREDITORS: Amounts falling due after more than one year
					2026	2025
					£	£
	Other loan				167,906	167,906
	Other creditors				250,000	250,000


					417,906	417,906


10	SECURED DEBTS

	The company has a secured loan in the amount of £250,000. The security is provided by way of a first legal mortgage over the company's freehold property and investment property.


11	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

	The following director's advances, credits and guarantees took place during the year:

		Balance at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off or waived	Balance at 31 March 2026
		£	£	£	£	£
	M R Darwent	101,564	67,639	102,000	-	67,203

	Interest has been charged on this advance at the Beneficial Loan Arrangement Official Rate as prescribed by HM Revenue and Customs. The advance is repayable on demand.

MARODA LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

12	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

	Colvin and Moggridge Limited
	Subsidiary undertaking		2026	2025
			£	£
	Advances to subsidiary	In the year the company had transactions with its subsidiary, such that the following balance was owed by its subsidiary to the company at the year end:	177,844	274,136