Company Registration No. SC443354 (Scotland)
MARSHALL BROWN ENERGY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022
PAGES FOR FILING WITH REGISTRAR
MARSHALL BROWN ENERGY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MARSHALL BROWN ENERGY LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2022
28 February 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
105,164
105,164
Current assets
Debtors
4
-
0
2
Cash at bank and in hand
1,301
1,346
1,301
1,348
Creditors: amounts falling due within one year
5
(123,784)
(122,670)
Net current liabilities
(122,483)
(121,322)
Net liabilities
(17,319)
(16,158)
Capital and reserves
Called up share capital
6
1
1
Share premium account
1
1
Profit and loss reserves
(17,321)
(16,160)
Total equity
(17,319)
(16,158)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 27 July 2022 and are signed on its behalf by:
D A McKenna
Director
Company Registration No. SC443354
MARSHALL BROWN ENERGY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022
- 2 -
1
Accounting policies
Company information

Marshall Brown Energy Limited is a private company limited by shares incorporated in Scotland. The registered office is 7 Wellington Road, Bishopbriggs, Glasgow, United Kingdom, G64 2SA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future.

1.3
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
No Depreciation
1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2022
2021
Number
Number
Total
-
0
2
MARSHALL BROWN ENERGY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2022
- 3 -
3
Tangible fixed assets
Freehold land and buildings
£
Cost
At 1 March 2021 and 28 February 2022
105,164
Depreciation and impairment
At 1 March 2021 and 28 February 2022
-
0
Carrying amount
At 28 February 2022
105,164
At 28 February 2021
105,164
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
-
0
2
5
Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
123,784
122,670
6
Called up share capital
2022
2021
2022
2021
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of 50p each
2
1
1
1
7
Related party transactions

The following amounts were outstanding at the reporting end date:

2022
2021
Amounts due to related parties
£
£
Other related parties
122,685
121,685

This loan is unsecured, interest free and has no fixed date for repayment.

2022-02-282021-03-01false27 July 2022CCH SoftwareCCH Accounts Production 2022.100No description of principal activityD A McKennaN McKennaSC4433542021-03-012022-02-28SC4433542022-02-28SC4433542021-02-28SC443354core:LandBuildingscore:OwnedOrFreeholdAssets2022-02-28SC443354core:LandBuildingscore:OwnedOrFreeholdAssets2021-02-28SC443354core:CurrentFinancialInstrumentscore:WithinOneYear2022-02-28SC443354core:CurrentFinancialInstrumentscore:WithinOneYear2021-02-28SC443354core:ShareCapital2022-02-28SC443354core:ShareCapital2021-02-28SC443354core:SharePremium2022-02-28SC443354core:SharePremium2021-02-28SC443354core:RetainedEarningsAccumulatedLosses2022-02-28SC443354core:RetainedEarningsAccumulatedLosses2021-02-28SC443354bus:Director12021-03-012022-02-28SC443354core:LandBuildingscore:OwnedOrFreeholdAssets2021-03-012022-02-28SC4433542020-02-292021-02-28SC443354core:LandBuildingscore:OwnedOrFreeholdAssets2021-02-28SC443354core:WithinOneYear2022-02-28SC443354core:WithinOneYear2021-02-28SC443354core:CurrentFinancialInstruments2022-02-28SC443354core:CurrentFinancialInstruments2021-02-28SC443354core:OtherRelatedParties2022-02-28SC443354core:OtherRelatedParties2021-02-28SC443354bus:PrivateLimitedCompanyLtd2021-03-012022-02-28SC443354bus:SmallCompaniesRegimeForAccounts2021-03-012022-02-28SC443354bus:FRS1022021-03-012022-02-28SC443354bus:AuditExemptWithAccountantsReport2021-03-012022-02-28SC443354bus:Director22021-03-012022-02-28SC443354bus:FullAccounts2021-03-012022-02-28xbrli:purexbrli:sharesiso4217:GBP