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REGISTERED NUMBER: 04553983 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

A.K. Marshall Gas Specialists Ltd

A.K. Marshall Gas Specialists Ltd (Registered number: 04553983)






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


A.K. Marshall Gas Specialists Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mrs F M Marshall
A K Marshall





SECRETARY: Mrs F M Marshall





REGISTERED OFFICE: Unit D
South Cambs Business Park
Sawston
Cambridge
Cambridgeshire
CB22 3JH





REGISTERED NUMBER: 04553983 (England and Wales)





ACCOUNTANTS: Tyrrell Accountants
Unit D
South Cambs Business Park
Sawston
Cambridge
Cambridgeshire
CB22 3JH

A.K. Marshall Gas Specialists Ltd (Registered number: 04553983)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,151 17,776
15,151 17,776

CURRENT ASSETS
Stocks 870 870
Debtors 6 14,817 14,596
Cash at bank and in hand 87,305 140,380
102,992 155,846
CREDITORS
Amounts falling due within one year 7 52,477 89,556
NET CURRENT ASSETS 50,515 66,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,666

84,066

CREDITORS
Amounts falling due after more than one
year

8

6,300

9,900
NET ASSETS 59,366 74,166

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 59,364 74,164
SHAREHOLDERS' FUNDS 59,366 74,166

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.

A.K. Marshall Gas Specialists Ltd (Registered number: 04553983)

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 30 July 2024 and were signed on its behalf by:




Mrs F M Marshall - Director



A K Marshall - Director


A.K. Marshall Gas Specialists Ltd (Registered number: 04553983)

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

1. STATUTORY INFORMATION

A.K. Marshall Gas Specialists Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

A.K. Marshall Gas Specialists Ltd (Registered number: 04553983)

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

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 30,000
AMORTISATION
At 1 November 2022
and 31 October 2023 30,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 59,875
Additions 1,108
At 31 October 2023 60,983
DEPRECIATION
At 1 November 2022 42,099
Charge for year 3,733
At 31 October 2023 45,832
NET BOOK VALUE
At 31 October 2023 15,151
At 31 October 2022 17,776

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,669 13,884
Other debtors 1,148 712
14,817 14,596

A.K. Marshall Gas Specialists Ltd (Registered number: 04553983)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,600 3,600
Trade creditors 10,350 6,939
Taxation and social security 38,484 78,772
Other creditors 43 245
52,477 89,556

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 6,300 9,900