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Company Registration No. 07612484 (England and Wales)
Marisco South Limited Unaudited accounts for the year ended 30 April 2024
Marisco South Limited Unaudited accounts Contents
Page
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Marisco South Limited Company Information for the year ended 30 April 2024
Director
Samuel R Clover
Company Number
07612484 (England and Wales)
Registered Office
Unit J5, The Fulcrum 6 Vantage Way Poole Dorset BH12 4NU United Kingdom
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Marisco South Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
149,290 
118,770 
Current assets
Inventories
259,484 
320,157 
Debtors
710,407 
484,983 
Cash at bank and in hand
15,544 
3,224 
985,435 
808,364 
Creditors: amounts falling due within one year
(965,267)
(815,713)
Net current assets/(liabilities)
20,168 
(7,349)
Total assets less current liabilities
169,458 
111,421 
Creditors: amounts falling due after more than one year
(59,609)
(53,918)
Provisions for liabilities
Deferred tax
(28,365)
(23,322)
Net assets
81,484 
34,181 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
81,480 
34,177 
Shareholders' funds
81,484 
34,181 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 1 October 2024 and were signed on its behalf by
Samuel R Clover Director Company Registration No. 07612484
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Marisco South Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Marisco South Limited is a private company, limited by shares, registered in England and Wales, registration number 07612484. The registered office is Unit J5, The Fulcrum, 6 Vantage Way, Poole, Dorset, BH12 4NU, United Kingdom.
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. The directors are of the opinion that no revaluation of fixed assets are required in accordance with section 17 of FRS 102.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
63,615 
222,343 
45,157 
24,832 
355,947 
Additions
40,048 
40,029 
327 
2,922 
83,326 
Disposals
- 
(22,774)
- 
- 
(22,774)
At 30 April 2024
103,663 
239,598 
45,484 
27,754 
416,499 
Depreciation
At 1 May 2023
27,779 
162,357 
29,701 
17,340 
237,177 
Charge for the year
18,971 
24,244 
3,946 
2,604 
49,765 
On disposals
- 
(19,733)
- 
- 
(19,733)
At 30 April 2024
46,750 
166,868 
33,647 
19,944 
267,209 
Net book value
At 30 April 2024
56,913 
72,730 
11,837 
7,810 
149,290 
At 30 April 2023
35,836 
59,986 
15,456 
7,492 
118,770 
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Marisco South Limited Notes to the Accounts for the year ended 30 April 2024
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
36,814 
49,085 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
706,007 
482,563 
Accrued income and prepayments
4,400 
2,420 
710,407 
484,983 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,560 
59,344 
VAT
321,164 
209,328 
Obligations under finance leases and hire purchase contracts
29,340 
28,485 
Trade creditors
293,817 
98,670 
Taxes and social security
153,662 
387,492 
Other creditors
156,675 
32,304 
Loans from directors
49 
90 
965,267 
815,713 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,273 
20,081 
Obligations under finance leases and hire purchase contracts
49,336 
33,837 
59,609 
53,918 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
9
Transactions with related parties
The company was under the control of Mr. Samuel Clover as the sole director and shareholder of the company. During the year the company subcontracted electrical services of £504,890 (2023 - £416,924) from Marisco Electricals Ltd, a company in which Mr. Clover was a director and shareholder. During the year, the company repaid £41 of a loan made by Mr. Clover to the Company leaving a balance of the £49 (2023 - £90) outstanding at the end of the year.
10
Average number of employees
During the year the average number of employees was 62 (2023: 60).
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