REGISTERED NUMBER: 04647511 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MARCUS JONES DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

M G Jones

C S I Jones

SECRETARY:

C S I Jones

REGISTERED OFFICE:

20 Havelock Road

Hastings

East Sussex

TN34 1BP

REGISTERED NUMBER:

04647511 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

290

342

Investment property

5

895,000

895,000

895,290

895,342

CURRENT ASSETS

Debtors

6

436

421

Cash at bank

3,676

2,707

4,112

3,128

CREDITORS

Amounts falling due within one year

7

122,917

118,668

NET CURRENT LIABILITIES

(118,805

)

(115,540

)

TOTAL ASSETS LESS CURRENT LIABILITIES

776,485

779,802

CREDITORS

Amounts falling due after more than one year

8

375,837

375,924

NET ASSETS

400,648

403,878

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

9

408,385

408,385

Retained earnings

(7,739

)

(4,509

)

SHAREHOLDERS' FUNDS

400,648

403,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 22 November 2025 and were signed on its behalf by:

C S I Jones - Director

1.	STATUTORY INFORMATION

Marcus Jones Developments 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover

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

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,999

15,440

1,470

20,909

DEPRECIATION

At 1 April 2024

3,916

15,181

1,470

20,567

Charge for year

13

39

-

52

At 31 March 2025

3,929

15,220

1,470

20,619

NET BOOK VALUE

At 31 March 2025

70

220

-

290

At 31 March 2024

83

259

-

342

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

895,000

NET BOOK VALUE

At 31 March 2025

895,000

At 31 March 2024

895,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2011

155,885

Valuation in 2013

15,000

Valuation in 2014

12,500

Valuation in 2019

87,500

Valuation in 2021

145,000

Valuation in 2022

65,000

Cost

414,115

895,000

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

31.3.25

31.3.24

£

£

Cost

414,115

414,115

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

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Prepayments

436

421

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Directors' current accounts

120,517

116,029

Accrued expenses

2,400

2,639

122,917

118,668

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Kensington mortgages

140,802

140,849

Precise mortgages

235,035

235,075

375,837

375,924

The bank loans and overdrafts are secured on the company's assets.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

408,385

10.	RELATED PARTY DISCLOSURES

At the year end the company owed the director M G Jones £60,259 and the director C Jones £60,258. There are no terms attached to those loans.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marcus Jones Developments Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Marcus Jones Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marcus Jones Developments Limited and state those matters that we have agreed to state to the Board of Directors of Marcus Jones Developments Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marcus Jones Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Marcus Jones Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Marcus Jones Developments Limited. You consider that Marcus Jones Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marcus Jones Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

22 November 2025