1 April 2023 false No description of principal activity Taxfiler 2024.5 08555346business:PrivateLimitedCompanyLtd2023-04-012024-03-31 085553462023-03-31 085553462023-04-012024-03-31 08555346business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08555346business:FilletedAccounts2023-04-012024-03-31 085553462024-03-31 085553462023-03-31 08555346core:WithinOneYear2024-03-31 08555346core:WithinOneYear2023-03-31 08555346core:AfterOneYear2024-03-31 08555346core:AfterOneYear2023-03-31 08555346core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08555346core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08555346core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 08555346core:SharePremiumcore:PreviouslyStatedAmount2023-03-31 08555346core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08555346core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08555346core:PreviouslyStatedAmount2024-03-31 08555346core:PreviouslyStatedAmount2023-03-31 08555346business:SmallEntities2023-04-012024-03-31 08555346business:Director22023-04-012024-03-31 08555346countries:EnglandWales2023-04-012024-03-31 08555346business:RegisteredOffice2023-04-012024-03-31 08555346core:PlantMachinery2023-04-012024-03-31 08555346core:FurnitureFittings2023-04-012024-03-31 08555346core:PlantMachinery2023-03-31 08555346core:FurnitureFittings2023-03-31 08555346core:PlantMachinery2024-03-31 08555346core:FurnitureFittings2024-03-31 085553462022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08555346 (England and Wales)
Martha Brook Ltd Unaudited accounts for the year ended 31 March 2024
Martha Brook Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,056 
24,912 
Current assets
Inventories
77,939 
91,779 
Debtors
10,797 
10,332 
Cash at bank and in hand
17,452 
112,013 
106,188 
214,124 
Creditors: amounts falling due within one year
(178,021)
(177,146)
Net current (liabilities)/assets
(71,833)
36,978 
Total assets less current liabilities
(49,777)
61,890 
Creditors: amounts falling due after more than one year
(111,102)
(157,289)
Net liabilities
(160,879)
(95,399)
Capital and reserves
Called up share capital
2 
2 
Share premium
448,519 
448,519 
Profit and loss account
(609,400)
(543,920)
Shareholders' funds
(160,879)
(95,399)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by
C M Keith Director Company Registration No. 08555346
- 2 -
Martha Brook Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Martha Brook Ltd is a private company, limited by shares, registered in England and Wales, registration number 08555346. The registered office is Q West, 1110 Great West Road, Brentford, Middlesex, TW8 0GP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 - 7 years straight line
Fixtures & fittings
5 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 3 -
Martha Brook Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
71,134 
1,983 
73,117 
Additions
7,225 
- 
7,225 
At 31 March 2024
78,359 
1,983 
80,342 
Depreciation
At 1 April 2023
47,328 
877 
48,205 
Charge for the year
9,716 
365 
10,081 
At 31 March 2024
57,044 
1,242 
58,286 
Net book value
At 31 March 2024
21,315 
741 
22,056 
At 31 March 2023
23,806 
1,106 
24,912 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,993 
557 
Accrued income and prepayments
1,717 
3,772 
Other debtors
6,087 
6,003 
10,797 
10,332 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
75,113 
101,048 
Trade creditors
56,647 
41,202 
Taxes and social security
22,868 
26,083 
Other creditors
15,346 
8,813 
Accruals
8,047 
- 
178,021 
177,146 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
111,102 
157,289 
8
Average number of employees
During the year the average number of employees was 12 (2023: 15).
- 4 -