MARSHALL FEATHERSTONE LTD

Company Registration Number:
13192156 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MARSHALL FEATHERSTONE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

MARSHALL FEATHERSTONE LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Current assets
Stocks: 1,798 203,701
Debtors:   55,432 2,413
Cash at bank and in hand: 482,802 426,775
Total current assets: 540,032 632,889
Creditors: amounts falling due within one year:   (191,945) (269,167)
Net current assets (liabilities): 348,087 363,722
Total assets less current liabilities: 348,087 363,722
Total net assets (liabilities): 348,087 363,722
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 347,987 363,622
Shareholders funds: 348,087 363,722

The notes form part of these financial statements

MARSHALL FEATHERSTONE LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 August 2024
and signed on behalf of the board by:

Name: Simon Christopher Edward Marshall
Status: Director

The notes form part of these financial statements

MARSHALL FEATHERSTONE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Other accounting policies

Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

MARSHALL FEATHERSTONE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

The aggregate payroll costs incurred during the year were £51,958 consisting of Wages and salaries £50,000, Social security costs £645 and Other pension costs £1,313