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REGISTERED NUMBER: 04572796 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Marsh Design Limited

Marsh Design Limited (Registered number: 04572796)

Contents of the Financial Statements
for the Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Marsh Design Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: D S Haigh





SECRETARY: S Haigh





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 04572796 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Marsh Design Limited (Registered number: 04572796)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,130 7,291

CURRENT ASSETS
Debtors 5 749,254 276,419
Cash at bank and in hand 123,748 373,962
873,002 650,381
CREDITORS
Amounts falling due within one year 6 177,423 169,454
NET CURRENT ASSETS 695,579 480,927
TOTAL ASSETS LESS CURRENT
LIABILITIES

701,709

488,218

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 701,708 488,217
SHAREHOLDERS' FUNDS 701,709 488,218

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 director acknowledges his 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.

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 director and authorised for issue on 29 July 2024 and were signed by:





D S Haigh - Director


Marsh Design Limited (Registered number: 04572796)

Notes to the Financial Statements
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Marsh Design 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.

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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer Equipment - 25% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

Marsh Design Limited (Registered number: 04572796)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings Equipment Totals
£    £    £   
COST
At 1 November 2022 21,725 18,986 40,711
Additions - 1,970 1,970
At 31 October 2023 21,725 20,956 42,681
DEPRECIATION
At 1 November 2022 20,637 12,783 33,420
Charge for year 1,088 2,043 3,131
At 31 October 2023 21,725 14,826 36,551
NET BOOK VALUE
At 31 October 2023 - 6,130 6,130
At 31 October 2022 1,088 6,203 7,291

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade Debtors 54,254 36,419
Other debtors 695,000 240,000
749,254 276,419

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 3,091 1,215
Tax 70,138 57,545
Social Security & Other Taxes 1,805 2,351
VAT 40,099 36,578
Directors Loan Account 62,290 71,765
177,423 169,454

7. RELATED PARTY DISCLOSURES

The company is controlled by D Haigh.

During the year, the company loaned money to a related company ERH Investments Limited. As at the balance sheet date, an amount of £695,000 (2022:£240,000) was owed from ERH Investments Limited.