Marcar Holdings Limited - Accounts to registrar (filleted) - small 22.3

Marcar Holdings Limited - Accounts to registrar (filleted) - small 22.3

MARCAR HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 00562474 (England and Wales)
















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

MARCAR HOLDINGS LIMITED
MARCAR HOLDINGS LIMITED (REGISTERED NUMBER: 00562474)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MARCAR HOLDINGS LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2022







DIRECTOR: M J Marcar





SECRETARY: Miss D Boothe





REGISTERED OFFICE: Marcar House,
Parkshot
Richmond
Surrey
TW9 2RG





REGISTERED NUMBER: 00562474 (England and Wales)





ACCOUNTANTS: Crane & Partners
Chartered Accountants
Leonard House
5 - 7 Newman Road
Bromley
Kent
BR1 1RJ
Page 1
MARCAR HOLDINGS LIMITED (REGISTERED NUMBER: 00562474)

BALANCE SHEET
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investments 4 600,000 600,000

CURRENT ASSETS
Debtors 5 122,267 141,767
Cash at bank 3,905 6,705
126,172 148,472
CREDITORS
Amounts falling due within one year 6 1,094 19,723
NET CURRENT ASSETS 125,078 128,749
TOTAL ASSETS LESS CURRENT
LIABILITIES
725,078
728,749

CAPITAL AND RESERVES
Called up share capital 7,644 7,644
Capital redemption reserve 5,078 5,078
Retained earnings 712,356 716,027
SHAREHOLDERS' FUNDS 725,078 728,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 10 November 2022 and were signed by:



M J Marcar - Director


The notes form part of these financial statements

Page 2
MARCAR HOLDINGS LIMITED (REGISTERED NUMBER: 00562474)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022


1. STATUTORY INFORMATION

Marcar Holdings 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.

Turnover
Turnover represents management charges receivable net of VAT.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 (2021 - NIL).

Page 3 continued...
MARCAR HOLDINGS LIMITED (REGISTERED NUMBER: 00562474)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2022


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2021
and 31 March 2022 600,000
NET BOOK VALUE
At 31 March 2022 600,000
At 31 March 2021 600,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 122,267 141,767

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 1,094 19,723

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £14,115 (2021 - £101,393) were paid to the directors .

During the year the company charged management fees of £8,333 (2021: £103,871) to Marcar Steel & Engineering Ltd for which, the directors are also directors. At the year end the company is owed £141,767 (2021: £141,767).

Page 4