Company Registration No. 12582791 (England and Wales)
Marc Bolton Property Ltd
Unaudited accounts
for the year ended 31 May 2026
Marc Bolton Property Ltd
Unaudited accounts
Contents
Marc Bolton Property Ltd
Company Information
for the year ended 31 May 2026
Company Number
12582791 (England and Wales)
Registered Office
Unit 14 Poplar Road Business Park
Poplar Road
Cleethorpes
N E Lincolnshire
DN35 8BL
England
Accountants
LRCA Limited
McCue House
70 Wilton Road
Grimsby
N E Lincs
DN36 4AW
Marc Bolton Property Ltd
Statement of financial position
as at 31 May 2026
Investment property
185,000
200,000
Cash at bank and in hand
1,463
1,691
Creditors: amounts falling due within one year
(70,564)
(69,684)
Net current liabilities
(68,833)
(56,218)
Total assets less current liabilities
116,167
143,782
Creditors: amounts falling due after more than one year
(122,603)
(126,977)
Provisions for liabilities
Net (liabilities)/assets
(6,607)
13,784
Called up share capital
100
100
Profit and loss account
(6,707)
13,684
Shareholders' funds
(6,607)
13,784
For the year ending 31 May 2026 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 director acknowledges his 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 and authorised for issue on 29 July 2026 and were signed on its behalf by
M Bolton
Director
Company Registration No. 12582791
Marc Bolton Property Ltd
Notes to the Accounts
for the year ended 31 May 2026
Marc Bolton Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12582791. The registered office is Unit 14 Poplar Road Business Park, Poplar Road, Cleethorpes, N E Lincolnshire, DN35 8BL, England.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Impairment of Loan Receivables
Loans and other amounts due from companies are assessed at each reporting date for objective evidence of impairment.
Where there is evidence that amounts due may not be recoverable, an impairment loss is recognised in profit or loss to reflect the estimated amount recoverable.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 June 2025
200,000
Net loss from fair value adjustments
(15,000)
Investment property was valued on an open market basis on 31st May 2026 by the director. Valuation was based on the sale of similar properties, in a similar location and condition.
Marc Bolton Property Ltd
Notes to the Accounts
for the year ended 31 May 2026
Amounts falling due within one year
Accrued income and prepayments
168
175
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
4,396
4,289
Taxes and social security
764
171
Other creditors
64,036
64,036
Loans are secured on the assets to which they relate.
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
122,603
126,977
Aggregate of amounts that fall due for payment after five years
103,649
108,480
Loans are secured against the assets to which they relate.
8
Deferred taxation
2026
2025
Revaluation of investment property
171
3,021
Provision at start of year
3,021
3,021
Credited to the profit and loss account
(2,850)
-
Provision at end of year
171
3,021
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).