Marston Homes Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05023901 (England and Wales)

Financial Statements for the Year Ended 31 January 2026

for

Marston Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J B Haines

S P Haines

REGISTERED OFFICE:

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

REGISTERED NUMBER:

05023901 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

BANKERS:

National Westminster Bank

16 South Parade

Nottingham

Nottinghamshire

NG1 2JX

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

3,227

3,306

Investment property

6

250,000

253,227

253,306

CURRENT ASSETS

Debtors

7

15

177

Cash at bank

1,044

2,306

1,059

2,483

CREDITORS

Amounts falling due within one year

8

234,239

215,880

NET CURRENT LIABILITIES

(233,180

)

(213,397

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,047

39,909

CREDITORS

Amounts falling due after more than one
year

9

(1,667

)

(11,667

)

PROVISIONS FOR LIABILITIES

10

(19,000

)

(19,000

)

NET (LIABILITIES)/ASSETS

(620

)

9,242

CAPITAL AND RESERVES

Called up share capital

11

6

Non-distributable reserves

12

81,000

Retained earnings

12

(81,626

)

(71,764

)

SHAREHOLDERS' FUNDS

(620

)

9,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 27 October 2026 and were signed on its behalf by:

J B Haines - Director

1.	STATUTORY INFORMATION

Marston Homes Limited 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.

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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

Investment property has not been depreciated. This treatment is not in accordance with the Companies Act 2006, but the directors believe the current value gives a true and fair view.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

112,000

AMORTISATION

At 1 February 2025

and 31 January 2026

112,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 February 2025

1,759

39,279

962

42,000

Additions

1,000

-

1,000

At 31 January 2026

2,759

39,279

962

43,000

DEPRECIATION

At 1 February 2025

1,605

36,211

878

38,694

Charge for year

290

767

22

1,079

At 31 January 2026

1,895

36,978

900

39,773

NET BOOK VALUE

At 31 January 2026

864

2,301

62

3,227

At 31 January 2025

154

3,068

84

3,306

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

250,000

NET BOOK VALUE

At 31 January 2026

250,000

At 31 January 2025

250,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2010

10,000

Valuation in 2012

30,000

Valuation in 2018

20,000

Valuation in 2021

20,000

Valuation in 2022

20,000

Cost

150,000

250,000

If investment property had not been revalued it would have been included at the following historical cost:

31.1.26

31.1.25

£

Cost

150,000

Investment property was valued on an open market basis on 31 January 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

VAT

15

177

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

10,000

Trade creditors

160

352

Directors' current accounts

222,550

198,739

Accruals and deferred income

1,529

6,789

234,239

215,880

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.26

31.1.25

£

Bank loans - 1-2 years

1,667

10,000

Bank loans to be repaid

between 2 & 5 years by

instalments

-

1,667

11,667

10.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

Deferred tax

Other timing differences

19,000

Deferred

tax

£

Balance at 1 February 2025

19,000

Balance at 31 January 2026

19,000

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

6

Ordinary

1.00

6

12.

RESERVES

Retained

Non-distributable

earnings

reserves

Totals

£

At 1 February 2025

(71,764

)

81,000

9,236

Deficit for the year

(9,862

)

(9,862

)

At 31 January 2026

(81,626

)

81,000

(626

)