Marlaroy Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01226136 (England and Wales)

Marlaroy Investments Limited

Unaudited Financial Statements

for the Year Ended 30 June 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G A Ball

SECRETARY:

Mrs M Ball

REGISTERED OFFICE:

Stanhope Gate

London

W1K 1AW

REGISTERED NUMBER:

01226136 (England and Wales)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

FIXED ASSETS

Investments

4

1,078,203

1,268,110

CURRENT ASSETS

Debtors

5

420

822

Cash at bank

14,336

16,362

14,756

17,184

CREDITORS

Amounts falling due within one year

6

3,132

2,831

NET CURRENT ASSETS

11,624

14,353

TOTAL ASSETS LESS CURRENT LIABILITIES

1,089,827

1,282,463

CAPITAL AND RESERVES

Called up share capital

10

10

Fair value reserve

7

167,819

210,058

Retained earnings

921,998

1,072,395

SHAREHOLDERS' FUNDS

1,089,827

1,282,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 2 March 2020 and were signed by:

G A Ball - Director

1.	STATUTORY INFORMATION

Marlaroy Investments 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.

Financial instruments

Financial instruments comprise financial assets and financial liabilities which are recognised when

the company become a party to the contractual provisions of the instrument. Financial instruments

are classified as "basic" in accordance with FRS 102 and are accounted for at amortised cost using

the effective interest method.The effective interest rate is the rate that exactly discounts estimated

future cash flows over the life of the financial assets or liability to the net carrying amount on initial

recognition. Discounting is not applied to short-term receivables and payables, where the effect is

immaterial.

Financial assets at cost compromise bank, trade debtors and other debtors. Financial liabilities

compromise accruals, trade creditors and other creditors.

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.

Investments

Fixed asset investments are stated at their market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - NIL ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2018

1,268,110

Additions

52,406

Disposals

(222,281

)

Revaluations

(20,032

)

At 30 June 2019

1,078,203

NET BOOK VALUE

At 30 June 2019

1,078,203

At 30 June 2018

1,268,110

Cost or valuation at 30 June 2019 is represented by:

Other

investments

£

Valuation in 2019

167,820

Cost

910,383

1,078,203

If other investments had not been revalued they would have been included at the following

historical cost:

2019

2018

£

£

Cost

910,383

1,067,748

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Tax

420

822

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Director's current account

1,566

-

Accruals and deferred income

1,566

2,831

3,132

2,831

7.

RESERVES

Fair

value

reserve

£

At 1 July 2018

210,058

Revaluation transfer

(22,207

)

Realised on disposals

(20,032

)

At 30 June 2019

167,819