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REGISTERED NUMBER: 09888349 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

March Service Limited

March Service Limited (Registered number: 09888349)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


March Service Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: C Dillon





REGISTERED OFFICE: 6 Murrell Green
Business Park
London Road
Hook
Hampshire
RG27 9GR





REGISTERED NUMBER: 09888349 (England and Wales)





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

March Service Limited (Registered number: 09888349)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,695 61,679

CURRENT ASSETS
Stocks 45,000 40,000
Debtors 5 519,342 407,500
Cash at bank and in hand 28,698 86,844
593,040 534,344
CREDITORS
Amounts falling due within one year 6 353,456 343,549
NET CURRENT ASSETS 239,584 190,795
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,279

252,474

CREDITORS
Amounts falling due after more than one
year

7

22,325

75,427
NET ASSETS 250,954 177,047

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 250,654 176,747
250,954 177,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 24 October 2024 and were signed by:





C Dillon - Director


March Service Limited (Registered number: 09888349)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

March Service 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.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

March Service Limited (Registered number: 09888349)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Material events effecting trading during and after reporting date
The COVID-19 pandemic is a non-adjusting event as at the period end date. For the purposes of these financial statements the Company has assessed the impact of COVID-19 on its ability to continue as a going concern. The COVID-19 outbreak developed rapidly in 2020 and has caused disruption to business, economic activities and impacted global markets.

Management continues to consider the potential implications of the COVID-19 pandemic, however at this stage it has not had a material impact on any of the balances in the Company's financial statements, or the Company's ability to trade into the future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 95,562
Additions 5,116
Disposals (49,981 )
At 31 January 2024 50,697
DEPRECIATION
At 1 February 2023 33,883
Charge for year 10,139
Eliminated on disposal (27,020 )
At 31 January 2024 17,002
NET BOOK VALUE
At 31 January 2024 33,695
At 31 January 2023 61,679

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 443,847 339,127
Other debtors 75,495 68,373
519,342 407,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 4,898 4,531
Hire purchase contracts 11,083 4,165
Trade creditors 221,941 304,237
Taxation and social security 45,721 28,186
Other creditors 69,813 2,430
353,456 343,549

March Service Limited (Registered number: 09888349)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 6,159 11,074
Hire purchase contracts 16,166 64,353
22,325 75,427

8. ULTIMATE CONTROLLING PARTY

The controlling party is C Dillon.