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REGISTERED NUMBER: 05161532 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Marlo Products Limited

Marlo Products Limited (Registered number: 05161532)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Marlo Products Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M R Chadwick





REGISTERED OFFICE: Newhey Mill
Two Bridges Road Newhey
Rochdale
Lancashire
OL16 3SR





REGISTERED NUMBER: 05161532 (England and Wales)





ACCOUNTANTS: Calderbrook House Ltd
Trent Industrial Estate
Shaw
Oldham
Greater Manchester
OL2 7UT

Marlo Products Limited (Registered number: 05161532)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,808 3,303

CURRENT ASSETS
Stocks 12,948 12,142
Debtors 5 18,384 16,023
Cash at bank and in hand 18,009 9,452
49,341 37,617
CREDITORS
Amounts falling due within one year 6 26,971 37,915
NET CURRENT ASSETS/(LIABILITIES) 22,370 (298 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,178

3,005

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 25,176 3,003
SHAREHOLDERS' FUNDS 25,178 3,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 11 September 2024 and were signed by:





M R Chadwick - Director


Marlo Products Limited (Registered number: 05161532)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Marlo Products 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 1 (2023 - 1 ) .

Marlo Products Limited (Registered number: 05161532)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 15,133 199 15,332
DEPRECIATION
At 1 July 2023 11,830 199 12,029
Charge for year 495 - 495
At 30 June 2024 12,325 199 12,524
NET BOOK VALUE
At 30 June 2024 2,808 - 2,808
At 30 June 2023 3,303 - 3,303

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 18,384 16,023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 11,594 13,143
Tax 5,317 126
VAT 3,956 2,064
Directors' current accounts 4,604 21,082
Accrued expenses 1,500 1,500
26,971 37,915