Registration number: 12965126

Marlin Mansion Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 12

Marlin Mansion Limited

Company Information

Director

A Stewart-Clark

Registered office

Sinclaire Cottage Portsmouth Road Ripley Woking Surrey GU23 6EW

Auditors

Streets Audit LLP Wiston House 1 Wiston Avenue Worthing West Sussex BN14 7QL

Marlin Mansion Limited

(Registration number: 12965126)
Statement of Financial Position
30 November 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	1,411,620	1,411,620
Current assets
Debtors	5	5,100	4,450
Cash at bank and in hand		3,344	4,662
		8,444	9,112
Creditors: Amounts falling due within one year	6	(3,633)	(3,933)
Net current assets		4,811	5,179
Total assets less current liabilities		1,416,431	1,416,799
Creditors: Amounts falling due after more than one year	6	(888,125)	(1,334,051)
Provisions for liabilities		(11,000)	(11,000)
Net assets		517,306	71,748
Capital and reserves
Called up share capital		100	100
Revaluation reserve		33,000	33,000
Retained earnings		484,206	38,648
Shareholders' funds		517,306	71,748

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 August 2026
 

......................................... A Stewart-Clark Director

Marlin Mansion Limited

Notes to the Financial Statements
for the year ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Sinclaire Cottage Portsmouth Road
Ripley
Woking
Surrey
GU23 6EW
United Kingdom

These financial statements were authorised for issue by the director on 21 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity. Amounts are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis as the director believes that no material uncertainties exist. The director has considered the level of reserves held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the company to be able to continue as a going concern.

Marlin Mansion Limited

Notes to the Financial Statements
for the year ended 30 November 2025

Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 21 August 2026 was Matthew Hodson BSc FCA, who signed for and on behalf of Streets Audit LLP.

.........................................

Judgements

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

Management is required to make key decisions and judgements in the process of applying the Company's accounting policies. The most significant areas where such judgements have been necessary is the valuation of investment properties. Where judgement has been applied, the key factors taken into consideration are disclosed in the accounting policies and the appropriate note in these financial statements.

The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised directly in other comprehensive income.

Marlin Mansion Limited

Notes to the Financial Statements
for the year ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Investment property

Investment property is recognised at fair value according to the fair value model, which reflects market conditions at end of the reporting period. Gains or losses resulting from a change in the fair value of investment property are recognised in the income statement in the year they arise.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Marlin Mansion Limited

Notes to the Financial Statements
for the year ended 30 November 2025

Share capital

Ordinary shares are classified as equity.

Marlin Mansion Limited

Notes to the Financial Statements
for the year ended 30 November 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Investment properties

	2025 £
At 1 December	1,411,620
At 30 November	1,411,620

The 2024 valuation was undertaken by the director, at open market value, as a result the property was revalued upwards by £44,000 to £1,411,620

The historical cost is £1,367,620 (2024: £1,367,620)

5

Debtors

Current	2025 £	2024 £
Trade debtors	5,100	4,450
	5,100	4,450

Marlin Mansion Limited

Notes to the Financial Statements
for the year ended 30 November 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	600
Accruals and deferred income	3,633	3,333
	3,633	3,933

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	888,125	888,125
Other financial liabilities		-	445,926
		888,125	1,334,051

	2025 £	2024 £
Due after more than five years
After more than five years not by instalments	888,125	888,125

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