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REGISTERED NUMBER: 10250013 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

MARSHALL PETERS MANCHESTER LIMITED

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARSHALL PETERS MANCHESTER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: C Morris
P A Palmer





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 10250013 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

BALANCE SHEET
31 JANUARY 2023

31/1/23 31/1/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,601 99,823

CURRENT ASSETS
Debtors 5 140,528 119,897
Cash at bank and in hand 177,850 137,584
318,378 257,481
CREDITORS
Amounts falling due within one year 6 295,701 238,097
NET CURRENT ASSETS 22,677 19,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,278

119,207

CREDITORS
Amounts falling due after more than one
year

7

(60,424

)

(92,798

)

PROVISIONS FOR LIABILITIES 8 (14,213 ) (18,966 )
NET ASSETS 22,641 7,443

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 22,631 7,433
SHAREHOLDERS' FUNDS 22,641 7,443

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

BALANCE SHEET - continued
31 JANUARY 2023


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 Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:




C Morris - Director



P A Palmer - Director


MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Marshall Peters Manchester 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The Directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2022 109,438 4,116 113,554
Additions - 687 687
At 31 January 2023 109,438 4,803 114,241
DEPRECIATION
At 1 February 2022 11,400 2,331 13,731
Charge for year 24,509 1,400 25,909
At 31 January 2023 35,909 3,731 39,640
NET BOOK VALUE
At 31 January 2023 73,529 1,072 74,601
At 31 January 2022 98,038 1,785 99,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Trade debtors 23,815 7,352
Amounts recoverable on contract 75,000 75,000
Other debtors 1,920 1,920
Directors' current accounts 30,877 27,811
Prepayments and accrued income 8,916 7,814
140,528 119,897

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 22,373 22,373
Trade creditors 5,723 1,034
Amounts owed to group undertakings 151,012 102,521
Tax 58,129 64,529
Social security and other taxes 36,513 31,339
Other creditors 548 891
Accrued expenses 11,403 5,410
295,701 238,097

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/23 31/1/22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 15,000 25,000
Hire purchase contracts 35,424 57,798
60,424 92,798

8. PROVISIONS FOR LIABILITIES
31/1/23 31/1/22
£    £   
Deferred tax 14,213 18,966

Deferred
tax
£   
Balance at 1 February 2022 18,966
Credit to Income Statement during year (4,753 )
Balance at 31 January 2023 14,213

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/23 31/1/22
value: £    £   
1,000 A Ordinary 1p 10 10

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31/1/23 31/1/22
£    £   
P A Palmer
Balance outstanding at start of year 27,811 43,137
Amounts advanced 92,966 72,874
Amounts repaid (89,900 ) (88,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,877 27,811

The loan is repayable on demand and interest has been charged at 2.5%.

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

11. RELATED PARTY DISCLOSURES

During the year an interim dividend of £117,000 was declared due to Heskin Hall Farm Holdings Limited.

As at 31 January 2023, the company owed £128,570 (2022: £97,505) to Heskin Hall Farm Holdings Limited.

As at 31 January 2023, the company owed £22,442 to Marshall Peters Limited (2022: £5,016 owed by Marshall Peters Limited).

All amounts are repayable on demand and no interest has been charged.