MARSHGATE PROPERTIES LIMITED

MARSHGATE PROPERTIES LIMITED

MARSHGATE PROPERTIES LIMITED - Company Information

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MARSHGATE PROPERTIES LIMITED

Company Registration Number:
03919831 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

MARSHGATE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

MARSHGATE PROPERTIES LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 169,434 130,138
Total fixed assets: 169,434 130,138
Current assets
Stocks: 1,286,125 1,692,357
Debtors:   43,683 20,443
Cash at bank and in hand: 184,236 72,994
Total current assets: 1,514,044 1,785,794
Creditors: amounts falling due within one year:   (943,235) (1,377,206)
Net current assets (liabilities): 570,809 408,588
Total assets less current liabilities: 740,243 538,726
Creditors: amounts falling due after more than one year:   (105,557) (79,681)
Total net assets (liabilities): 634,686 459,045
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 634,586 458,945
Shareholders funds: 634,686 459,045

The notes form part of these financial statements

MARSHGATE PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2020
and signed on behalf of the board by:

Name: A W Denton
Status: Director

The notes form part of these financial statements

MARSHGATE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MARSHGATE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 1 1

MARSHGATE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 280,056
Additions 73,690
Disposals (6,110)
At 31 March 2020 347,636
Depreciation
At 01 April 2019 149,918
Charge for year 34,393
On disposals (6,109)
At 31 March 2020 178,202
Net book value
At 31 March 2020 169,434
At 31 March 2019 130,138