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Registered number: 03739913
Marston gate Properties Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2026
BOA Accountancy Limited t/a Berkeley Hall
Unit D2 Southgate
Commerce Park
Frome
BA11 2RY
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 03739913
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,050,511 2,052,831
2,050,511 2,052,831
CURRENT ASSETS
Debtors 1,012 59,706
Cash at bank and in hand 184,608 99,387
185,620 159,093
Creditors: Amounts Falling Due Within One Year (16,257 ) (19,599 )
NET CURRENT ASSETS (LIABILITIES) 169,363 139,494
TOTAL ASSETS LESS CURRENT LIABILITIES 2,219,874 2,192,325
NET ASSETS 2,219,874 2,192,325
CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 6 666,500 646,500
Profit and Loss Account 1,553,274 1,545,725
SHAREHOLDERS' FUNDS 2,219,874 2,192,325
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For the year ending 30 April 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Andrew Young
Director
30/08/2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Marston gate Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03739913 . The registered office is Unit D2 Southgate, Commerce Park, Frome, BA11 2RY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 100 years straight line
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
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4. Tangible Assets
Total
£
Cost or Valuation
As at 1 May 2025 2,212,091
Revaluation 20,000
As at 30 April 2026 2,232,091
Depreciation
As at 1 May 2025 159,260
Provided during the period 22,320
As at 30 April 2026 181,580
Net Book Value
As at 30 April 2026 2,050,511
As at 1 May 2025 2,052,831
5. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
6. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 May 2025 646,500 1,545,725
Profit for year - 19,549
Surplus on revaluation 20,000 -
Other comprehensive income for the year 20,000 -
Total comprehensive income for the year 20,000 19,549
Dividends paid - (12,000)
As at 30 April 2026 666,500 1,553,274
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