Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01No description of principal activity1true1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10594650 2022-04-01 2023-03-31 10594650 2021-04-01 2022-03-31 10594650 2023-03-31 10594650 2022-03-31 10594650 c:Director1 2022-04-01 2023-03-31 10594650 d:PlantMachinery 2022-04-01 2023-03-31 10594650 d:PlantMachinery 2023-03-31 10594650 d:PlantMachinery 2022-03-31 10594650 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10594650 d:MotorVehicles 2022-04-01 2023-03-31 10594650 d:MotorVehicles 2023-03-31 10594650 d:MotorVehicles 2022-03-31 10594650 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10594650 d:OfficeEquipment 2022-04-01 2023-03-31 10594650 d:OfficeEquipment 2023-03-31 10594650 d:OfficeEquipment 2022-03-31 10594650 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10594650 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10594650 d:CurrentFinancialInstruments 2023-03-31 10594650 d:CurrentFinancialInstruments 2022-03-31 10594650 d:Non-currentFinancialInstruments 2023-03-31 10594650 d:Non-currentFinancialInstruments 2022-03-31 10594650 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10594650 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10594650 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10594650 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 10594650 d:ShareCapital 2023-03-31 10594650 d:ShareCapital 2022-03-31 10594650 d:RetainedEarningsAccumulatedLosses 2023-03-31 10594650 d:RetainedEarningsAccumulatedLosses 2022-03-31 10594650 c:FRS102 2022-04-01 2023-03-31 10594650 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10594650 c:FullAccounts 2022-04-01 2023-03-31 10594650 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10594650 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10594650










TOM MARQUAND LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
TOM MARQUAND LTD
REGISTERED NUMBER: 10594650

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
58,425
9,408

  
58,425
9,408

Current assets
  

Debtors: amounts falling due after more than one year
 5 
225,283
210,287

Debtors: amounts falling due within one year
 5 
33,565
52,008

Current asset investments
  
305,000
-

Cash at bank and in hand
 7 
443,736
487,066

  
1,007,584
749,361

Creditors: amounts falling due within one year
 8 
(176,827)
(163,361)

Net current assets
  
 
 
830,757
 
 
586,000

Total assets less current liabilities
  
889,182
595,408

Creditors: amounts falling due after more than one year
  
(29,333)
-

  

Net assets
  
859,849
595,408

Page 1

 
TOM MARQUAND LTD
REGISTERED NUMBER: 10594650
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
859,848
595,407

  
859,849
595,408


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 September 2023.




Tom Aubrey Blondel Marquand
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
TOM MARQUAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Tom Marquand Limited is a Private Company limited by shares which was incorporated in England and Wales. 
The company's registered office is:
2 Michaels Court, Hanney Road, Southmoor, Oxfordshire, OX13 5HR.
The principal activity of the company in the year was the provision of jockey services. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
TOM MARQUAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Straight line
Motor vehicles
-
Office equipment
-

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
TOM MARQUAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
TOM MARQUAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2022
13,495
-
1,726
15,221


Additions
3,331
60,000
292
63,623



At 31 March 2023

16,826
60,000
2,018
78,844



Depreciation


At 1 April 2022
5,192
-
621
5,813


Charge for the year on owned assets
2,327
12,000
279
14,606



At 31 March 2023

7,519
12,000
900
20,419



Net book value



At 31 March 2023
9,307
48,000
1,118
58,425



At 31 March 2022
8,303
-
1,105
9,408


5.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
225,283
210,287

225,283
210,287


2023
2022
£
£

Due within one year

Trade debtors
1,514
19,957

Other debtors
32,051
32,051

33,565
52,008


Page 6

 
TOM MARQUAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Current asset investments

2023
2022
£
£

Unlisted investments
305,000
-

305,000
-



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
443,736
487,066

443,736
487,066



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
72,961
67,770

Obligations under finance lease and hire purchase contracts
11,000
-

Other creditors
90,116
92,841

Accruals and deferred income
2,750
2,750

176,827
163,361



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
29,333
-

29,333
-


Page 7

 
TOM MARQUAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£

 
-
 
-


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £26,408 (2022 - £27,194) . No contributions were payable to the fund at the balance sheet date and are included in creditors.

 
Page 8