REGISTERED NUMBER: 08408470 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

NORTH MARLBOROUGH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Halls

P R Graves

REGISTERED OFFICE:

Decoy Arundel Road

Poling

Arundel

BN18 9QA

REGISTERED NUMBER:

08408470 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Investment property

4

203,500

125,000

CURRENT ASSETS

Cash at bank

579

3,740

CREDITORS

Amounts falling due within one year

5

50,253

60,437

NET CURRENT LIABILITIES

(49,674

)

(56,697

)

TOTAL ASSETS LESS CURRENT LIABILITIES

153,826

68,303

PROVISIONS FOR LIABILITIES

16,062

-

NET ASSETS

137,764

68,303

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

62,438

-

Retained earnings

75,324

68,301

137,764

68,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 21 September 2026 and were signed on its behalf by:

C Halls - Director

1.	STATUTORY INFORMATION

North Marlborough Ltd 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.

First-time adoption of FRS 102 1A

As of 1 March 2025, the company has adopted the principles of accounting under FRS 102 1A, transitioning from FRS 105. The current year and comparatives have been restated to FRS 102 1A. These principles were adopted so that property on the balance sheet could be revalued to its fair value, representing a true and fair view. At the previous balance sheet date, the directors' valuation of investment property was equivalent to the original cost, therefore, the transition did not affect the previous year's net profit, retained earnings or total equity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover consists of rents collected from investment properties, with accrued and deferred income recognised where appropriate.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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.

Going concern

After reviewing the company's forecasts, the directors believe that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of these financial statements. Therefore, the directors have concluded that the going concern basis of preparation of these financial statements remains appropriate.

3.

EMPLOYEES

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

125,000

Revaluations

78,500

At 28 February 2026

203,500

NET BOOK VALUE

At 28 February 2026

203,500

At 28 February 2025

125,000

Fair value at 28 February 2026 is represented by:

£

Valuation in 2026

78,500

Cost

125,000

203,500

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

1,647

5,059

Directors' loan accounts

47,346

54,298

Accrued expenses

1,260

1,080

50,253

60,437