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Company Registration No. 1450362 (England and Wales)
Marks And Marlow Limited Unaudited accounts for the year ended 28 February 2023
Marks And Marlow Limited Unaudited accounts Contents
Page
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Marks And Marlow Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,519 
1,726 
Current assets
Debtors
81,203 
82,041 
Cash at bank and in hand
657 
932 
81,860 
82,973 
Creditors: amounts falling due within one year
(14,081)
(12,798)
Net current assets
67,779 
70,175 
Net assets
69,298 
71,901 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
67,298 
69,901 
Shareholders' funds
69,298 
71,901 
For the year ending 28 February 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 8 November 2023 and were signed on its behalf by
R Marlow Director Company Registration No. 1450362
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Marks And Marlow Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Marks And Marlow Limited is a private company, limited by shares, registered in England and Wales, registration number 1450362. The registered office is Waters Edge, Peckleton Common Road, Leicester, LE9 7RF, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of value added tax and other sales taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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
15% per annum of net book value
Fixtures & fittings
10% & 33.3% per annum of net book value
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Marks And Marlow Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
13,424 
8,578 
22,002 
At 28 February 2023
13,424 
8,578 
22,002 
Depreciation
At 1 March 2022
12,719 
7,557 
20,276 
Charge for the year
105 
102 
207 
At 28 February 2023
12,824 
7,659 
20,483 
Net book value
At 28 February 2023
600 
919 
1,519 
At 28 February 2022
705 
1,021 
1,726 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
81,203 
82,041 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
13,196 
11,913 
Accruals
885 
885 
14,081 
12,798 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000 
2,000 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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