IRIS Accounts Production v24.2.0.383 10250013 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false A Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh102500132023-01-31102500132024-01-31102500132023-02-012024-01-31102500132022-01-31102500132022-02-012023-01-31102500132023-01-3110250013ns15:EnglandWales2023-02-012024-01-3110250013ns14:PoundSterling2023-02-012024-01-3110250013ns10:Director12023-02-012024-01-3110250013ns10:Director22023-02-012024-01-3110250013ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3110250013ns10:SmallEntities2023-02-012024-01-3110250013ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3110250013ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3110250013ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3110250013ns10:FullAccounts2023-02-012024-01-3110250013ns10:OrdinaryShareClass22023-02-012024-01-3110250013ns10:RegisteredOffice2023-02-012024-01-3110250013ns5:CurrentFinancialInstruments2024-01-3110250013ns5:CurrentFinancialInstruments2023-01-3110250013ns5:Non-currentFinancialInstruments2024-01-3110250013ns5:Non-currentFinancialInstruments2023-01-3110250013ns5:ShareCapital2024-01-3110250013ns5:ShareCapital2023-01-3110250013ns5:RetainedEarningsAccumulatedLosses2024-01-3110250013ns5:RetainedEarningsAccumulatedLosses2023-01-3110250013ns5:MotorVehicles2023-02-012024-01-3110250013ns5:ComputerEquipment2023-02-012024-01-3110250013ns5:MotorVehicles2023-01-3110250013ns5:ComputerEquipment2023-01-3110250013ns5:MotorVehicles2024-01-3110250013ns5:ComputerEquipment2024-01-3110250013ns5:MotorVehicles2023-01-3110250013ns5:ComputerEquipment2023-01-3110250013ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3110250013ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3110250013ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-01-3110250013ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-01-3110250013ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-01-3110250013ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-01-3110250013ns5:DeferredTaxation2023-01-3110250013ns5:DeferredTaxation2023-02-012024-01-3110250013ns5:DeferredTaxation2024-01-3110250013ns10:OrdinaryShareClass22024-01-3110250013ns10:Director222023-01-3110250013ns10:Director222022-01-3110250013ns10:Director222023-02-012024-01-3110250013ns10:Director222022-02-012023-01-3110250013ns10:Director222024-01-3110250013ns10:Director222023-01-31
REGISTERED NUMBER: 10250013 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

MARSHALL PETERS MANCHESTER LIMITED

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARSHALL PETERS MANCHESTER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: C Morris
P A Palmer





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 10250013 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

BALANCE SHEET
31 JANUARY 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 55,605 74,601

CURRENT ASSETS
Debtors 5 171,362 140,528
Cash at bank and in hand 42,670 177,850
214,032 318,378
CREDITORS
Amounts falling due within one year 6 227,279 295,701
NET CURRENT (LIABILITIES)/ASSETS (13,247 ) 22,677
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,358

97,278

CREDITORS
Amounts falling due after more than one
year

7

(28,051

)

(60,424

)

PROVISIONS FOR LIABILITIES 8 (13,901 ) (14,213 )
NET ASSETS 406 22,641

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 396 22,631
SHAREHOLDERS' FUNDS 406 22,641

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 directors acknowledge their 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.

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

BALANCE SHEET - continued
31 JANUARY 2024


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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:




C Morris - Director



P A Palmer - Director


MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Marshall Peters Manchester 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

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.

Going concern
The Directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 109,438 4,803 114,241
DEPRECIATION
At 1 February 2023 35,909 3,731 39,640
Charge for year 18,383 613 18,996
At 31 January 2024 54,292 4,344 58,636
NET BOOK VALUE
At 31 January 2024 55,146 459 55,605
At 31 January 2023 73,529 1,072 74,601

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade debtors 3,128 23,815
Amounts recoverable on contract 75,000 75,000
Other debtors 1,920 1,920
Directors' current accounts 80,570 30,877
Prepayments and accrued income 10,744 8,916
171,362 140,528

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 22,373 22,373
Trade creditors 6,276 5,723
Amounts owed to group undertakings 129,380 151,012
Tax 34,443 58,129
Social security and other taxes 19,705 36,513
Other creditors 779 548
Accrued expenses 4,323 11,403
227,279 295,701

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

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 - 1-2 years 10,000 10,000
Bank loans - 2-5 years 5,000 15,000
Hire purchase contracts 13,051 35,424
28,051 60,424

8. PROVISIONS FOR LIABILITIES
31/1/24 31/1/23
£    £   
Deferred tax 13,901 14,213

Deferred
tax
£   
Balance at 1 February 2023 14,213
Credit to Income Statement during year (312 )
Balance at 31 January 2024 13,901

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/24 31/1/23
value: £    £   
1,000 A Ordinary 1p 10 10

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31/1/24 31/1/23
£    £   
P A Palmer
Balance outstanding at start of year 30,877 27,811
Amounts advanced 97,713 92,966
Amounts repaid (48,020 ) (89,900 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 80,570 30,877

The loan is repayable on demand and interest has been charged at 2.25%.

MARSHALL PETERS MANCHESTER LIMITED (REGISTERED NUMBER: 10250013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

11. RELATED PARTY DISCLOSURES

During the year an interim dividend of £49,980 was declared due to Heskin Hall Farm Holdings Limited.

As at 31 January 2024, the company owed £89,577 (2023: £128,570) to Heskin Hall Farm Holdings Limited.

As at 31 January 2024, the company owed £39,803 (2023 £22,442) to Marshall Peters Limited.

All amounts are repayable on demand and no interest has been charged.