Surf AccountsProduction v1.0.0 v1.0.0 2022-03-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is the provision of electrical installation services. 1 November 2023 1 1 11186958 2023-02-28 11186958 2022-02-28 11186958 2021-02-28 11186958 2022-03-01 2023-02-28 11186958 2021-03-01 2022-02-28 11186958 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11186958 uk-curr:PoundSterling 2022-03-01 2023-02-28 11186958 uk-bus:FullAccounts 2022-03-01 2023-02-28 11186958 uk-bus:Director1 2022-03-01 2023-02-28 11186958 uk-bus:RegisteredOffice 2022-03-01 2023-02-28 11186958 uk-bus:Agent1 2022-03-01 2023-02-28 11186958 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 11186958 uk-core:ShareCapital 2023-02-28 11186958 uk-core:ShareCapital 2022-02-28 11186958 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 11186958 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 11186958 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-02-28 11186958 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-02-28 11186958 uk-bus:FRS102 2022-03-01 2023-02-28 11186958 uk-core:PlantMachinery 2022-03-01 2023-02-28 11186958 uk-core:CurrentFinancialInstruments 2023-02-28 11186958 uk-core:CurrentFinancialInstruments 2022-02-28 11186958 uk-core:WithinOneYear 2023-02-28 11186958 uk-core:WithinOneYear 2022-02-28 11186958 2022-03-01 2023-02-28 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Marden Systems Limited
 
Director's Report and Unaudited Financial Statements
 
for the financial year ended 28 February 2023



Marden Systems Limited
DIRECTOR AND OTHER INFORMATION

 
Director Mr M Nicklin
 
 
Company Registration Number 11186958
 
 
Registered Office and Business Address 75 Radipole Lane
Weymouth
Dorset
DT4 9RS
United Kingdom
 
 
Accountants Elliot and Co LLP
Chartered Accountants
7 King Street
Weymouth
Dorset
DT4 7BJ
United Kingdom



Marden Systems Limited
DIRECTOR'S REPORT
for the financial year ended 28 February 2023

 
The director presents their report and the unaudited financial statements for the financial year ended 28 February 2023.
     
Director
The director who served during the financial year is as follows:
     
Mr M Nicklin
   
There were no changes in shareholdings between 28 February 2023 and the date of signing the financial statements.
     
In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Mr M Nicklin
Director
     
1 November 2023



Marden Systems Limited

CHARTERED ACCOUNTANTS' REPORT
to the Director on the Compilation of the unaudited financial statements of Marden Systems Limited
for the financial year ended 28 February 2023
 
In accordance with our engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 28 February 2023 as set on pages 6 to 10 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Marden Systems Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by The Institute of Chartered Accountants in England and Wales and have complied with the relevant ethical guidance laid down by The Institute of Chartered Accountants in England and Wales relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the balance sheet for the year ended 28 February 2023 your duty to ensure that Marden Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Marden Systems Limited. You consider that Marden Systems Limited is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Marden Systems Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
ELLIOT AND CO LLP
Chartered Accountants
7 King Street
Weymouth
Dorset
DT4 7BJ
United Kingdom
 
1 November 2023



Marden Systems Limited
PROFIT AND LOSS ACCOUNT
for the financial year ended 28 February 2023
2023 2022
Notes £ £

 
Administrative expenses (566) (498)
───────── ─────────
Loss before taxation (566) (498)
 
Tax on loss - -
───────── ─────────
Loss for the financial year (566) (498)
    ═════════   ═════════



Marden Systems Limited
Company Registration Number: 11186958
BALANCE SHEET
as at 28 February 2023

2023 2022
Notes £ £
 
Fixed Assets
Tangible assets 5 892 1,050
───────── ─────────
 
Current Assets
Debtors 6 1,640 1,640
Cash at bank and in hand 873 1,281
───────── ─────────
2,513 2,921
───────── ─────────
Creditors: amounts falling due within one year 7 (12,637) (12,637)
───────── ─────────
Net Current Liabilities (10,124) (9,716)
───────── ─────────
Total Assets less Current Liabilities (9,232) (8,666)
═════════ ═════════
 
Capital and Reserves
Called up share capital 1 1
Retained earnings (9,233) (8,667)
───────── ─────────
Shareholders' Deficit (9,232) (8,666)
═════════ ═════════
 
The financial statements have been prepared 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).
           
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 1 November 2023
           
           
________________________________          
Mr M Nicklin          
Director          
           



Marden Systems Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 28 February 2023

   
1. General Information
 
Marden Systems Limited is a company limited by shares incorporated in the United Kingdom. The registered office of the company is 75 Radipole Lane, Weymouth, Dorset, DT4 9RS, United Kingdom which is also the principal place of business of the company. The principal activity of the company is the provision of electrical installation services. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 28 February 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
   
3. Going concern
 
These accounts have been prepared on the going concern basis, on the understanding that there was a net deficiency of assets of £9,232 at the balance sheet date, however the directors have confirmed continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2022 - 1).
 
  2023 2022
  Number Number
 
Director 1 1
  ═════════ ═════════
       
5. Tangible assets
  Plant and Total
  machinery  
     
  £ £
Cost
At 1 March 2022 1,935 1,935
  ───────── ─────────
 
At 28 February 2023 1,935 1,935
  ───────── ─────────
Depreciation
At 1 March 2022 885 885
Charge for the financial year 158 158
  ───────── ─────────
At 28 February 2023 1,043 1,043
  ───────── ─────────
Net book value
At 28 February 2023 892 892
  ═════════ ═════════
At 28 February 2022 1,050 1,050
  ═════════ ═════════
       
6. Debtors 2023 2022
  £ £
 
Trade debtors 1,432 1,432
Taxation  (Note 8) 208 208
  ───────── ─────────
  1,640 1,640
  ═════════ ═════════
       
7. Creditors 2023 2022
Amounts falling due within one year £ £
 
Director's current account 12,237 12,237
Accruals 400 400
  ───────── ─────────
  12,637 12,637
  ═════════ ═════════
       
8. Taxation 2023 2022
  £ £
 
Debtors:
PAYE / NI 208 208
  ═════════ ═════════
       
9. Capital commitments
 
The company had no material capital commitments at the financial year-ended 28 February 2023.
   
10. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.



Marden Systems Limited
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
TRADING STATEMENT
for the financial year ended 28 February 2023
2023 2022
£ £

       
Administrative expenses
Accountancy 308 230
Bank charges 100 83
Depreciation of tangible assets 158   185
  ─────────   ─────────
  566   498
  ─────────   ─────────
       
Net loss (566)   (498)
  ═════════   ═════════