Marino Estates and Probate Limited

Registered number

06448629

Filleted Accounts

31 March 2026

Marino Estates and Probate Limited
Registered number:		06448629
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,713			2,015

Current assets
Debtors	4	17,659			17,659
Investments held as current assets	5	188,889			136,458
Cash at bank and in hand		123,916			97,108
		330,464			251,225

Creditors: amounts falling due within one year	6	(80,518)			(78,185)

Net current assets			249,946			173,040

Total assets less current liabilities			251,659			175,055


Provisions for liabilities			(325)			(383)


Net assets			251,334			174,672

Capital and reserves
Called up share capital			100			100
Profit and loss account			251,234			174,572

Shareholder's funds			251,334			174,672

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




G Marino
Director
Approved by the board on 11 August 2026

Marino Estates and Probate 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 represents rents receivable from residential properties.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	15% reducing balance method

	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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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		1		1


3	Tangible fixed assets
					Furniture, fittings, equipment
£
	Cost
	At 1 April 2025				16,552
	At 31 March 2026				16,552

	Depreciation
	At 1 April 2025				14,537
	Charge for the year				302
	At 31 March 2026				14,839

	Net book value
	At 31 March 2026				1,713
	At 31 March 2025				2,015


4	Debtors		2026		2025
£				£

	Trade debtors		17,659		17,659


5	Investments held as current assets		2026		2025
£				£
	Fair value
	Listed investments		188,889		136,458

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments		42,953		4,021



6	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		4,354		2,800
	Other creditors		76,164		75,385
			80,518		78,185


7	Related party transactions

	The figure for turnover represents rents receivable from properties owned personally by the director.


8	Other information

	Marino Estates and Probate Limited is a private company limited by shares and incorporated in Wales. Its registered office is:
	66 Whitchurch Road
	Maindy
	Cardiff
	South Glamorgan
	CF14 3LX