Company Registration No. 11725797 (England and Wales)
New Marque Motorhomes Ltd
Unaudited accounts
for the year ended 31 December 2023
New Marque Motorhomes Ltd
Unaudited accounts
Contents
New Marque Motorhomes Ltd
Company Information
for the year ended 31 December 2023
Company Number
11725797 (England and Wales)
Registered Office
Unit 2
Station Road
Wilburton
Ely
CB6 3PZ
Accountants
TFA Partners Ltd
4B Lynx Business Park
Fordham Road
Snailwell
Newmarket
Cambridgeshire
CB8 7NY
New Marque Motorhomes Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
414,488
296,790
Inventories
269,124
86,089
Cash at bank and in hand
63,560
57,560
Creditors: amounts falling due within one year
(205,524)
(135,223)
Net current assets
263,599
141,612
Total assets less current liabilities
678,087
438,402
Creditors: amounts falling due after more than one year
(461,152)
(380,724)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
137,706
57,578
Shareholders' funds
137,806
57,678
For the year ending 31 December 2023 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 14 November 2024 and were signed on its behalf by
L Bennett
Director
Company Registration No. 11725797
New Marque Motorhomes Ltd
Notes to the Accounts
for the year ended 31 December 2023
New Marque Motorhomes Ltd is a private company, limited by shares, registered in England and Wales, registration number 11725797. The registered office is Unit 2, Station Road, Wilburton, Ely, CB6 3PZ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reviewable with likely expected market value
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
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 January 2023
355,631
2,000
1,730
14,377
373,738
Additions
259,325
44,500
-
6,103
309,928
Disposals
(152,984)
-
-
-
(152,984)
At 31 December 2023
461,972
46,500
1,730
20,480
530,682
At 1 January 2023
69,159
-
432
7,357
76,948
Charge for the year
29,435
5,000
433
4,378
39,246
At 31 December 2023
98,594
5,000
865
11,735
116,194
At 31 December 2023
363,378
41,500
865
8,745
414,488
At 31 December 2022
286,472
2,000
1,298
7,020
296,790
New Marque Motorhomes Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
122,439
127,186
Accrued income and prepayments
8,000
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,574
5,000
Obligations under finance leases and hire purchase contracts
40,000
-
Trade creditors
42,667
37,544
Taxes and social security
4,708
2,829
Other creditors
7,424
28,128
Loans from directors
19,572
977
Deferred income
42,718
23,435
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
120,707
-
Other creditors
313,227
344,433
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).