Margrange Investments Limited - Period Ending 2017-03-31

Registration number: 00949570

Margrange Investments Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2017

Thomas Harris Ltd
The 1929 Building
Merton Abbey Mills
18 Watermill Way
London
SW19 2RD

Margrange Investments Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 6
Notes to the Financial Statements	5

Margrange Investments Limited

Company Information

Directors

O Wafaie A Wafaie

Registered office

Thomas Harris 1929 Shop Merton Abbey Mills 18 Watermill Way London SW19 2RD

Accountants

Thomas Harris Ltd The 1929 Building Merton Abbey Mills 18 Watermill Way London SW19 2RD

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Margrange Investments Limited
for the Year Ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Margrange Investments Limited for the year ended 31 March 2017 as set out on pages 3 to 6 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 at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Margrange Investments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Margrange Investments Limited and state those matters that we have agreed to state to the Board of Directors of Margrange Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Margrange Investments Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Margrange Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Margrange Investments Limited. You consider that Margrange Investments 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 accounts of Margrange Investments 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 accounts.

......................................

Thomas Harris Ltd
The 1929 Building
Merton Abbey Mills
18 Watermill Way
London
SW19 2RD

23 November 2017

Page 2

Margrange Investments Limited

Profit and Loss Account for the Year Ended 31 March 2017

	Note	Total 31 March 2017 £	Total 31 March 2016 £
Turnover		142,025	210,919
Other income		3,000	-
Staff costs		(49,055)	(3,000)
Other charges		(165,673)	555,876
(Loss)/profit before tax		(69,703)	763,795
Taxation		(14,520)	(130,420)
(Loss)/profit for the year		(84,223)	633,375

The notes on page 5 form an integral part of these financial statements.

Page 3

Margrange Investments Limited

(Registration number: 00949570)
Balance Sheet as at 31 March 2017

	Note	2017 £	2016 £
Fixed assets		2,020,575	2,020,575
Current assets		66,533	1,225,663
Prepayments and accrued income		-	528
Creditors: Amounts falling due within one year		(29,520)	(855,195)
Net current assets		37,013	370,996
Total assets less current liabilities		2,057,588	2,391,571
Accruals and deferred income		(9,780)	(9,780)
		2,047,808	2,381,791
Capital and reserves		2,047,808	2,381,791

The notes on page 5 form an integral part of these financial statements.

Page 4

Margrange Investments Limited

(Registration number: 00949570)
Balance Sheet as at 31 March 2017

Notes to the Financial Statements for the Year Ended 31 March 2017

1	General information

The company is a private company limited by share capital incorporated in England & Wales.

The address of its registered office is:
Thomas Harris 1929 Shop
Merton Abbey Mills
18 Watermill Way
London
SW19 2RD

The principal place of business is:
24a Petersham Mews
London
SW7 5NR

These financial statements were authorised for issue by the Board on 20 November 2017.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Page 5

Margrange Investments Limited

(Registration number: 00949570)
Balance Sheet as at 31 March 2017

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 20 November 2017 and signed on its behalf by:
 

.........................................

O Wafaie

Director

The notes on page 5 form an integral part of these financial statements.

Page 6