IRIS Accounts Production v23.3.1.45 09252601 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092526012022-10-31092526012023-10-31092526012022-11-012023-10-31092526012021-10-31092526012021-11-012022-10-31092526012022-10-3109252601ns10:Originalns15:EnglandWales2022-11-012023-10-3109252601ns14:PoundSterlingns10:Original2022-11-012023-10-3109252601ns10:Originalns10:Director12022-11-012023-10-3109252601ns10:Original2022-11-012023-10-3109252601ns10:Original2023-10-3109252601ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109252601ns10:Originalns10:SmallEntities2022-11-012023-10-3109252601ns10:Originalns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109252601ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109252601ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3109252601ns10:Originalns10:FullAccounts2022-11-012023-10-3109252601ns10:Originalns10:Director22022-11-012023-10-3109252601ns10:Originalns10:RegisteredOffice2022-11-012023-10-3109252601ns10:Original2022-10-3109252601ns10:Originalns5:CurrentFinancialInstruments2023-10-3109252601ns10:Originalns5:CurrentFinancialInstruments2022-10-3109252601ns5:ShareCapitalns10:Original2023-10-3109252601ns5:ShareCapitalns10:Original2022-10-3109252601ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3109252601ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3109252601ns10:Originalns5:PlantMachinery2022-11-012023-10-3109252601ns10:Original2021-11-012022-10-3109252601ns10:Originalns5:PlantMachinery2022-10-3109252601ns10:Originalns5:PlantMachinery2023-10-3109252601ns10:Originalns5:PlantMachinery2022-10-3109252601ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109252601ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3109252601ns10:Originalns5:DeferredTaxation2022-10-3109252601ns10:Originalns5:DeferredTaxation2022-11-012023-10-3109252601ns10:Originalns5:DeferredTaxation2023-10-31
REGISTERED NUMBER: 09252601 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

MARC NEWTON ASSOCIATES (LONDON) LIMITED

MARC NEWTON ASSOCIATES (LONDON) LIMITED (REGISTERED NUMBER: 09252601)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARC NEWTON ASSOCIATES (LONDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: M Newton
Mrs J Newton





REGISTERED OFFICE: 20 Imperial Way
Ashford
Kent
TN23 5HB





REGISTERED NUMBER: 09252601 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
Roman Road
Mersham
Ashford
Kent
TN25 7HS

MARC NEWTON ASSOCIATES (LONDON) LIMITED (REGISTERED NUMBER: 09252601)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,697 4,103

CURRENT ASSETS
Debtors 5 12,062 18,466
Cash at bank 45,495 56,415
57,557 74,881
CREDITORS
Amounts falling due within one year 6 31,124 41,014
NET CURRENT ASSETS 26,433 33,867
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,130

37,970

PROVISIONS FOR LIABILITIES 7 659 726
NET ASSETS 29,471 37,244

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 29,371 37,144
SHAREHOLDERS' FUNDS 29,471 37,244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

MARC NEWTON ASSOCIATES (LONDON) LIMITED (REGISTERED NUMBER: 09252601)

BALANCE SHEET - continued
31 OCTOBER 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:





M Newton - Director


MARC NEWTON ASSOCIATES (LONDON) LIMITED (REGISTERED NUMBER: 09252601)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Marc Newton Associates (London) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

MARC NEWTON ASSOCIATES (LONDON) LIMITED (REGISTERED NUMBER: 09252601)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 7,513
Additions 515
At 31 October 2023 8,028
DEPRECIATION
At 1 November 2022 3,410
Charge for year 921
At 31 October 2023 4,331
NET BOOK VALUE
At 31 October 2023 3,697
At 31 October 2022 4,103

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 11,661 17,936
Other debtors 401 530
12,062 18,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 120 120
Taxation and social security 14,143 26,214
Other creditors 16,861 14,680
31,124 41,014

7. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 659 726

MARC NEWTON ASSOCIATES (LONDON) LIMITED (REGISTERED NUMBER: 09252601)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2022 726
Provided during year (67 )
Balance at 31 October 2023 659

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £57,950 (2022 - £79,300) were paid to the directors .

Mr M Newton & Mrs J Newton - Directors and Shareholders

At the balance sheet Marc Newton Associates (London) Ltd owed Mr Newton & Mrs Newton £565 (2022 - £1,079).