Marlaroy Investments Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01226136 (England and Wales)

Marlaroy Investments Limited

Unaudited Financial Statements

for the Year Ended 30 June 2017

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

3

1,309,163

1,171,444

CURRENT ASSETS

Debtors

4

483

63

Cash at bank

31,127

116,640

31,610

116,703

CREDITORS

Amounts falling due within one year

5

1,199

1,200

NET CURRENT ASSETS

30,411

115,503

TOTAL ASSETS LESS CURRENT LIABILITIES

1,339,574

1,286,947

CAPITAL AND RESERVES

Called up share capital

10

10

Fair value reserve

6

236,715

137,812

Retained earnings

1,102,849

1,149,125

SHAREHOLDERS' FUNDS

1,339,574

1,286,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 29 March 2018 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 1 July 2016

1,171,444

Additions

510,614

Disposals

(498,070

)

Revaluations

125,175

At 30 June 2017

1,309,163

NET BOOK VALUE

At 30 June 2017

1,309,163

At 30 June 2016

1,171,444

Cost or valuation at 30 June 2017 is represented by:

Other

investment

£

Valuation in 2017

215,638

Cost

1,093,525

1,309,163

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

historical cost:

2017

2016

£

£

Cost

1,093,525

1,042,585

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

483

63

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

1,199

1,200

6.

RESERVES

Fair

value

reserve

£

At 1 July 2016

137,812

Fair value transfer

98,903

At 30 June 2017

236,715