24 01/09/2025 31/08/2026 2026-08-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2025-09-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 09157349 2025-09-01 2026-08-31 09157349 2026-08-31 09157349 2025-08-31 09157349 2024-09-01 2025-08-31 09157349 2025-08-31 09157349 2024-08-31 09157349 core:PlantMachinery 2025-09-01 2026-08-31 09157349 core:FurnitureFittingsToolsEquipment 2025-09-01 2026-08-31 09157349 bus:Director2 2025-09-01 2026-08-31 09157349 core:LandBuildings core:OwnedOrFreeholdAssets 2025-08-31 09157349 core:PlantMachinery 2025-08-31 09157349 core:FurnitureFittingsToolsEquipment 2025-08-31 09157349 core:LandBuildings core:OwnedOrFreeholdAssets 2026-08-31 09157349 core:PlantMachinery 2026-08-31 09157349 core:FurnitureFittingsToolsEquipment 2026-08-31 09157349 core:WithinOneYear 2026-08-31 09157349 core:WithinOneYear 2025-08-31 09157349 core:AfterOneYear 2026-08-31 09157349 core:AfterOneYear 2025-08-31 09157349 core:ShareCapital 2026-08-31 09157349 core:ShareCapital 2025-08-31 09157349 core:RetainedEarningsAccumulatedLosses 2026-08-31 09157349 core:RetainedEarningsAccumulatedLosses 2025-08-31 09157349 core:LandBuildings core:OwnedOrFreeholdAssets 2025-09-01 2026-08-31 09157349 core:LandBuildings core:OwnedOrFreeholdAssets 2025-08-31 09157349 core:PlantMachinery 2025-08-31 09157349 core:FurnitureFittingsToolsEquipment 2025-08-31 09157349 bus:SmallEntities 2025-09-01 2026-08-31 09157349 bus:AuditExempt-NoAccountantsReport 2025-09-01 2026-08-31 09157349 bus:SmallCompaniesRegimeForAccounts 2025-09-01 2026-08-31 09157349 bus:PrivateLimitedCompanyLtd 2025-09-01 2026-08-31 09157349 bus:FullAccounts 2025-09-01 2026-08-31
Company registration number: 09157349
Mariga Limited
Financial statements
31 August 2026
Mariga Limited
Statement of financial position
31st August 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets - -
Tangible assets 5 3,806,133 3,621,300
__________ __________
3,806,133 3,621,300
Current assets
Stocks 5,000 5,000
Debtors 6 30,886 1,340
Cash at bank and in hand 100,631 108,922
__________ __________
136,517 115,262
Creditors: amounts falling due
within one year 7 ( 548,027) ( 473,568)
__________ __________
Net current liabilities ( 411,510) ( 358,306)
__________ __________
Total assets less current liabilities 3,394,623 3,262,994
Creditors: amounts falling due
after more than one year 8 ( 2,110,886) ( 2,153,364)
Provisions for liabilities ( 4,356) ( 4,356)
__________ __________
Net assets 1,279,381 1,105,274
__________ __________
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,279,281 1,105,174
__________ __________
Shareholders funds 1,279,381 1,105,274
__________ __________
For the year ending 31 August 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 04 November 2026 , and are signed on behalf of the board by:
Demetrios Christophorou
Director
Company registration number: 09157349
Mariga Limited
Notes to the financial statements
Year ended 31st August 2026
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 80 Coleman Street, London, EC2R 5BJ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 33 % straight line
Fittings fixtures and equipment - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Staff costs
The average number of persons employed by the company during the year amounted to 24 (2025: 22 ).
5. Tangible assets
Freehold property Plant and machinery Fixtures, fittings and equipment Total
£ £ £ £
Cost
At 1st September 2025 3,603,877 3,907 65,049 3,672,833
Additions 184,021 - 5,964 189,985
__________ __________ __________ __________
At 31st August 2026 3,787,898 3,907 71,013 3,862,818
__________ __________ __________ __________
Depreciation
At 1st September 2025 - 2,901 48,633 51,534
Charge for the year - 675 4,476 5,151
__________ __________ __________ __________
At 31st August 2026 - 3,576 53,109 56,685
__________ __________ __________ __________
Carrying amount
At 31st August 2026 3,787,898 331 17,904 3,806,133
__________ __________ __________ __________
At 31st August 2025 3,603,877 1,006 16,416 3,621,299
__________ __________ __________ __________
6. Debtors
2026 2025
£ £
Trade debtors 29,654 -
Sundry debtors 480 480
Other debtors 752 860
__________ __________
30,886 1,340
__________ __________
7. Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 148,090 209,811
Corporation tax 91,629 91,139
Social security and other taxes 45,465 47,757
Other creditors 262,843 124,861
__________ __________
548,027 473,568
__________ __________
8. Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans and overdrafts 1,685,886 1,698,364
Other creditors 425,000 455,000
__________ __________
2,110,886 2,153,364
__________ __________