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REGISTERED NUMBER: 07310993 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Marah Limited

Marah Limited (Registered number: 07310993)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marah Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: Dr H S Matharu
Mrs A K Matharu





REGISTERED OFFICE: 29 Upper George Street
Luton
Bedfordshire
LU1 2RP





REGISTERED NUMBER: 07310993 (England and Wales)





ACCOUNTANTS: Business Ledger Limited
Chartered Certified Accountants
3 Waterside Drive
Langley
Berkshire
SL3 6EZ

Marah Limited (Registered number: 07310993)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 221,850 295,800
Tangible assets 5 8,545 10,399
230,395 306,199

CURRENT ASSETS
Debtors 6 545,642 499,294
Cash at bank and in hand 699,758 1,002,497
1,245,400 1,501,791
CREDITORS
Amounts falling due within one year 7 185,966 313,092
NET CURRENT ASSETS 1,059,434 1,188,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,289,829

1,494,898

CREDITORS
Amounts falling due after more than one
year

8

96,490

483,222
NET ASSETS 1,193,339 1,011,676

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,193,239 1,011,576
SHAREHOLDERS' FUNDS 1,193,339 1,011,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Marah Limited (Registered number: 07310993)

Balance Sheet - continued
30 November 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 August 2024 and were signed on its behalf by:




Mrs A K Matharu - Director



Dr H S Matharu - Director


Marah Limited (Registered number: 07310993)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Marah 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, 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 - 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.

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.

Marah Limited (Registered number: 07310993)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

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 18 (2022 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 986,000
AMORTISATION
At 1 December 2022 690,200
Charge for year 73,950
At 30 November 2023 764,150
NET BOOK VALUE
At 30 November 2023 221,850
At 30 November 2022 295,800

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 42,934
Additions 281
At 30 November 2023 43,215
DEPRECIATION
At 1 December 2022 32,535
Charge for year 2,135
At 30 November 2023 34,670
NET BOOK VALUE
At 30 November 2023 8,545
At 30 November 2022 10,399

Marah Limited (Registered number: 07310993)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 89,460 38,961
Other debtors 456,182 460,333
545,642 499,294

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 47,580 42,024
Trade creditors 2,573 42,638
Taxation and social security 123,188 115,954
Other creditors 12,625 112,476
185,966 313,092

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 96,490 483,222

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 273,102

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2022 - £120,000) were paid to the directors .

During the year company paid rent of £63,000 (2022 - £14,000) under licence to the directors.

At the year end the company owed the directors £nil (2022 - £57,200).

At the year end other debtors include amounts owed to the company of £190,100 (2022 - £190,100) and £204,218 (2022 - £204,218) by two companies under the control of one of the directors. The loans are interest free and repayable on demand.