MARLBOROUGH HOLDINGS LIMITED

MARLBOROUGH HOLDINGS LIMITED

MARLBOROUGH HOLDINGS LIMITED - Company Information

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MARLBOROUGH HOLDINGS LIMITED

Company Registration Number:
NI009829 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

MARLBOROUGH HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

MARLBOROUGH HOLDINGS LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 3 73,965,933 77,742,407
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 73,965,933 77,742,407
Creditors: amounts falling due within one year: 4 (28,885,462) (32,661,936)
Net current assets (liabilities): 45,080,471 45,080,471
Total assets less current liabilities: 45,080,471 45,080,471
Creditors: amounts falling due after more than one year: 5 (45,020,500) (45,020,500)
Provision for liabilities: 0 0
Total net assets (liabilities): 59,971 59,971
Capital and reserves
Called up share capital: 4,500,000 4,500,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (4,440,029) (4,440,029)
Shareholders funds: 59,971 59,971

The notes form part of these financial statements

MARLBOROUGH HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 December 2017 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 26 September 2018
and signed on behalf of the board by:

Name: MR F D TUGHAN
Status: Director

The notes form part of these financial statements

MARLBOROUGH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

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

Other accounting policies

1. General informationMarlborough Holdings Limited is a private limited company limited by shares incorporated in the UnitedKingdom. The registration number and address of the registered office are given in the companyinformation section of these financial statements.2. Accounting policies2.1 Basis of preparation of financial statementsThe financial statements have been prepared under the historical cost convention unless otherwisespecified within these accounting policies and in accordance with Financial Reporting Standard 102,the Financial Reporting Standard applicable in the UK and the Republic of Ireland and theCompanies Act 2006.The preparation of financial statements in compliance with FRS 102 requires the use of certaincritical accounting estimates. It also requires management to exercise judgment in applying theCompany's accounting policies.2.2 Going concernThe Directors of Marlborough Holdings Limited have reviewed the appropriateness of the goingconcern assumption and consider that the company has sufficient resources to continue as a tradingentity for the foreseeable future.2.3 CreditorsShort term creditors are measured at the transaction price. Other financial liabilities, including bankloans, are measured initially at fair value, net of transaction costs, and are measured subsequently atamortised cost using the effective interest method.

MARLBOROUGH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Employees

2017 2016
Average number of employees during the period 1 1

MARLBOROUGH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Debtors

2017 2016
££
Debtors due after more than one year: 73,965,933 77,742,407

AMOUNTS DUE TO GROUP UNDERTAKINGS £73,890,9630 (2016 £77,667,437 OTHER DEBTORS £74,970 (2016 £74,970)

MARLBOROUGH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Creditors: amounts falling due within one year note

Amounts owed to group undertakings £28,870,462 (2016 £32,646,936)Other creditors 15,000 (2016 £15,000)

MARLBOROUGH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Creditors: amounts falling due after more than one year note

Creditors: Amounts falling due after more than one yearDebentures loans £45,020,500