Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13073102 Mr Edward Watt Mrs Emily Rose Perez-Fragero Mr Darren Haskell-Thomas Mr Robert Parry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13073102 2022-12-31 13073102 2023-12-31 13073102 2023-01-01 2023-12-31 13073102 frs-core:CurrentFinancialInstruments 2023-12-31 13073102 frs-core:ComputerEquipment 2023-12-31 13073102 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13073102 frs-core:ComputerEquipment 2022-12-31 13073102 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 13073102 frs-core:NetGoodwill 2023-12-31 13073102 frs-core:NetGoodwill 2023-01-01 2023-12-31 13073102 frs-core:NetGoodwill 2022-12-31 13073102 frs-core:OtherResidualIntangibleAssets 2023-12-31 13073102 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 13073102 frs-core:OtherResidualIntangibleAssets 2022-12-31 13073102 frs-core:PlantMachinery 2023-12-31 13073102 frs-core:PlantMachinery 2023-01-01 2023-12-31 13073102 frs-core:PlantMachinery 2022-12-31 13073102 frs-core:ShareCapital 2023-12-31 13073102 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13073102 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13073102 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13073102 frs-bus:SmallEntities 2023-01-01 2023-12-31 13073102 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13073102 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13073102 frs-bus:Director1 2023-01-01 2023-12-31 13073102 frs-bus:Director1 2022-12-31 13073102 frs-bus:Director1 2023-12-31 13073102 frs-bus:Director2 2023-01-01 2023-12-31 13073102 frs-bus:Director2 2022-12-31 13073102 frs-bus:Director2 2023-12-31 13073102 frs-bus:Director3 2023-01-01 2023-12-31 13073102 frs-bus:Director3 2022-12-31 13073102 frs-bus:Director3 2023-12-31 13073102 frs-bus:Director4 2023-01-01 2023-12-31 13073102 frs-bus:Director4 2022-12-31 13073102 frs-bus:Director4 2023-12-31 13073102 frs-core:CurrentFinancialInstruments 3 2023-12-31 13073102 frs-countries:EnglandWales 2023-01-01 2023-12-31 13073102 2021-12-31 13073102 2022-12-31 13073102 2022-01-01 2022-12-31 13073102 frs-core:CurrentFinancialInstruments 2022-12-31 13073102 frs-core:ShareCapital 2022-12-31 13073102 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 13073102 frs-core:CurrentFinancialInstruments 3 2022-12-31
Registered number: 13073102
Marble Endeavour Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Marble Endeavour Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13073102
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 61,705 24,500
Tangible Assets 5 21,890 23,171
83,595 47,671
CURRENT ASSETS
Debtors 6 1,553,738 1,416,873
Cash at bank and in hand 106,189 63,657
1,659,927 1,480,530
Creditors: Amounts Falling Due Within One Year 7 (1,653,630 ) (1,268,473 )
NET CURRENT ASSETS (LIABILITIES) 6,297 212,057
TOTAL ASSETS LESS CURRENT LIABILITIES 89,892 259,728
NET ASSETS 89,892 259,728
CAPITAL AND RESERVES
Called up share capital 8 50,200 50,200
Profit and Loss Account 39,692 209,528
SHAREHOLDERS' FUNDS 89,892 259,728
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For the year ending 31 December 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Watt
Director
24/09/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Marble Endeavour Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13073102 . The registered office is 2nd Floor, 17-19 Foley Street, London, W1W 6DW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the amount invoiced.  Costs are then recognised on the basis of amount invoiced resulting in a reliable and accurate  gross profit. 
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life,  which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class   
Goodwill                                                       
Amortisation method and rate
10% Straight line method
2.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.  Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% SL Method
Computer Equipment 25% SL Method
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 32 (2022: 28)
32 28
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2023 30,000 - 30,000
Additions - 45,989 45,989
As at 31 December 2023 30,000 45,989 75,989
Amortisation
As at 1 January 2023 5,500 - 5,500
Provided during the period 3,000 5,784 8,784
As at 31 December 2023 8,500 5,784 14,284
Net Book Value
As at 31 December 2023 21,500 40,205 61,705
As at 1 January 2023 24,500 - 24,500
The Other Intangible Fixed Asset is made up of a new Website completed during the year. 
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5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 20,000 19,038 39,038
Additions - 11,271 11,271
Disposals - (565 ) (565 )
As at 31 December 2023 20,000 29,744 49,744
Depreciation
As at 1 January 2023 12,100 3,767 15,867
Provided during the period 6,600 5,387 11,987
As at 31 December 2023 18,700 9,154 27,854
Net Book Value
As at 31 December 2023 1,300 20,590 21,890
As at 1 January 2023 7,900 15,271 23,171
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 420,198 108,600
Prepayments and accrued income 477,863 274,313
Other debtors 80,278 13,758
Directors' loan accounts 114,667 355,453
Amounts owed by group undertakings 443,296 664,749
Amounts owed by related parties 17,436 -
1,553,738 1,416,873
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 387,595 141,682
Other taxes and social security 702,511 382,276
Other creditors 42,998 318,974
Invoice discounting 3,875 73,837
Accruals and deferred income 463,738 107,523
Amounts owed to group undertakings - 244,181
Amounts owed to related parties 52,913 -
1,653,630 1,268,473
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8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 50,200 50,200
In the Parent company Marble Communications Group Ltd,  on 22nd February 2023,  a sub-division of shares occured.  100 issued shares worth £1 each became 10,000 shares worth £0.01 with a nominal value of £100.
These Ordinary shares are split evenly between the Directors.
Also in the Parent company,  on 22nd February 2023,  an allotment of shares occured with 317 Ordinary shares allotted and 999 Preference Shares alloted.  These Ordinary shares have a nominated value of £3.17 and the Preference Shares of £99.90.
On 6th December 2023, the 100 Ordinary shares being split evenly as A, B. C & D shares were reclased all as 100 Ordinary E shares.
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Edward Watt 84,161 54,419 108,100 - 32,480
Mrs Emily Rose Perez-Fragero 92,741 40,176 100,370 - 32,547
Mr Darren Haskell-Thomas 91,664 43,132 99,027 - 35,770
Mr Robert Parry 86,887 51,588 124,605 - 13,870
The above loans are unsecured, interest free and repayable on demand.
10. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 497,404 -
497,404 -
Dividends were paid equally between the 4 directors.
11. Post Balance Sheet Events
On 28th June,  the company moved offices to 2nd Floor, 17-19 Foley Street,  London, W1W 6DW. A new operaring lease was entered into.
12. Parent and ultimate parent undertaking
The company's immediate parent is Marble Communications Group Limited,  incorporated in England.
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