Marble Arch Management Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06304216 (England and Wales)

Financial Statements

for the Year Ended 31 December 2019

for

Marble Arch Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Al-Katib

SECRETARY:

Ali Al-kateb

REGISTERED OFFICE:

336 Pinner road

Harrow

Middlesex

HA1 4LB

REGISTERED NUMBER:

06304216 (England and Wales)

ACCOUNTANTS:

Walji & Associates

336 Pinner Road

Harrow

HA1 4LB

FIXED ASSETS

Tangible assets

4

-

10,547

Investments

5

40,003

40,003

Investment property

6

774,212

774,212

814,215

824,762

CURRENT ASSETS

Debtors

7

2,335,969

2,403,925

Cash at bank and in hand

81,022

23,809

2,416,991

2,427,734

CREDITORS

Amounts falling due within one year

8

783,982

779,815

NET CURRENT ASSETS

1,633,009

1,647,919

TOTAL ASSETS LESS CURRENT LIABILITIES

2,447,224

2,472,681

CREDITORS

Amounts falling due after more than one year

9

336,000

360,000

NET ASSETS

2,111,224

2,112,681

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,110,224

2,111,681

SHAREHOLDERS' FUNDS

2,111,224

2,112,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and authorised for issue on 7 December 2020 and were signed by:

A Al-Katib - Director

1.	STATUTORY INFORMATION

Marble Arch Management Ltd 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.

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.

Land and buildings

-

25% on cost

Plant and machinery etc

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 6 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2019

and 31 December 2019

114,030

362,679

476,709

DEPRECIATION

At 1 January 2019

106,420

359,742

466,162

Charge for year

7,610

2,937

10,547

At 31 December 2019

114,030

362,679

476,709

NET BOOK VALUE

At 31 December 2019

-

-

-

At 31 December 2018

7,610

2,937

10,547

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2019

and 31 December 2019

40,003

NET BOOK VALUE

At 31 December 2019

40,003

At 31 December 2018

40,003

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2019

and 31 December 2019

774,212

NET BOOK VALUE

At 31 December 2019

774,212

At 31 December 2018

774,212

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

365,445

365,445

Other debtors

1,970,524

2,038,480

2,335,969

2,403,925

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

-

5,113

Taxation and social security

1,701

1,838

Other creditors

782,281

772,864

783,982

779,815

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.19

31.12.18

£

£

Bank loans

336,000

360,000

10.	RELATED PARTY DISCLOSURES

11.

CHARGE