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Company Registration No. 09459128 (England and Wales)
Marsom Driveways Ltd Unaudited accounts for the year ended 31 March 2023
Marsom Driveways Ltd Unaudited accounts Contents
Page
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Marsom Driveways Ltd Company Information for the year ended 31 March 2023
Director
Scott Marsom
Company Number
09459128 (England and Wales)
Registered Office
Yard 7A Mulberry Road Canvey Island Essex SS8 0PR
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Marsom Driveways Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
240,697 
175,546 
Current assets
Inventories
36,000 
51,000 
Debtors
187,388 
28,592 
Cash at bank and in hand
109,749 
17,033 
333,137 
96,625 
Creditors: amounts falling due within one year
(201,362)
(204,620)
Net current assets/(liabilities)
131,775 
(107,995)
Total assets less current liabilities
372,472 
67,551 
Creditors: amounts falling due after more than one year
(78,467)
(57,994)
Provisions for liabilities
Deferred tax
(44,330)
- 
Net assets
249,675 
9,557 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
249,674 
9,556 
Shareholders' funds
249,675 
9,557 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 October 2023 and were signed on its behalf by
Scott Marsom Director Company Registration No. 09459128
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Marsom Driveways Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Marsom Driveways Ltd is a private company, limited by shares, registered in England and Wales, registration number 09459128. The registered office is Yard 7A, Mulberry Road, Canvey Island, Essex, SS8 0PR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Going concern
The director considers that, notwithstanding the company's negative net assets position it is appropriate to prepare the accounts on a going concern basis as the company will be able to meet its liabilities as they fall due, due to the continuing support of the director.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
5,816 
318,601 
10,011 
334,428 
Additions
7,383 
137,165 
1,400 
145,948 
At 31 March 2023
13,199 
455,766 
11,411 
480,376 
Depreciation
At 1 April 2022
1,695 
155,613 
1,574 
158,882 
Charge for the year
3,300 
75,038 
2,459 
80,797 
At 31 March 2023
4,995 
230,651 
4,033 
239,679 
Net book value
At 31 March 2023
8,204 
225,115 
7,378 
240,697 
At 31 March 2022
4,121 
162,988 
8,437 
175,546 
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Marsom Driveways Ltd Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
173,918 
5,144 
Accrued income and prepayments
7,070 
4,365 
Other debtors
6,400 
19,083 
187,388 
28,592 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
16,644 
- 
Obligations under finance leases and hire purchase contracts
81,610 
43,277 
Trade creditors
48,892 
87,467 
Taxes and social security
17,451 
2,828 
Other creditors
31,667 
43,876 
Loans from directors
3,848 
26,072 
Accruals
1,250 
1,100 
201,362 
204,620 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
78,467 
57,994 
8
Transactions with related parties
Controlling party The company is controlled by the director, who holds the one share in issue.
9
Average number of employees
During the year the average number of employees was 15 (2022: 10).
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