MARL COATINGS LIMITED

Company Registration Number:
05703412 (England and Wales)

Unaudited abridged accounts for the year ended 27 February 2023

Period of accounts

Start date: 01 March 2022

End date: 27 February 2023

MARL COATINGS LIMITED

Contents of the Financial Statements

for the Period Ended 27 February 2023

Balance sheet
Notes

MARL COATINGS LIMITED

Balance sheet

As at 27 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 27,283 36,377
Total fixed assets: 27,283 36,377
Current assets
Stocks: 125,210 2,444
Debtors:   110,178 96,381
Cash at bank and in hand: 190,582 297,309
Total current assets: 425,970 396,134
Creditors: amounts falling due within one year: 4 (109,609) (80,307)
Net current assets (liabilities): 316,361 315,827
Total assets less current liabilities: 343,644 352,204
Creditors: amounts falling due after more than one year: 5 (32,500) (42,500)
Total net assets (liabilities): 311,144 309,704
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 310,144 308,704
Shareholders funds: 311,144 309,704

The notes form part of these financial statements

MARL COATINGS LIMITED

Balance sheet statements

For the year ending 27 February 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 November 2023
and signed on behalf of the board by:

Name: A McNeil
Status: Director

The notes form part of these financial statements

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2023

2. Employees

2023 2022
Average number of employees during the period 8 7

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 96,424
At 27 February 2023 96,424
Depreciation
At 01 March 2022 60,047
Charge for year 9,094
At 27 February 2023 69,141
Net book value
At 27 February 2023 27,283
At 28 February 2022 36,377

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2023

4. Creditors: amounts falling due within one year note

Bank loans 10000 Trade creditors 9329 Taxation and social security costs 48494 Other creditors 41786

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2023

5. Creditors: amounts falling due after more than one year note

Bank loan 32500