MARL COATINGS LIMITED

Company Registration Number:
05703412 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 28 February 2023

End date: 29 February 2024

MARL COATINGS LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

MARL COATINGS LIMITED

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 43,094 27,283
Total fixed assets: 43,094 27,283
Current assets
Stocks: 222,361 125,210
Debtors:   38,326 110,178
Cash at bank and in hand: 105,442 190,582
Total current assets: 366,129 425,970
Creditors: amounts falling due within one year: 4 (68,622) (109,609)
Net current assets (liabilities): 297,507 316,361
Total assets less current liabilities: 340,601 343,644
Creditors: amounts falling due after more than one year: 5 (22,503) (32,500)
Total net assets (liabilities): 318,098 311,144
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 317,098 310,144
Shareholders funds: 318,098 311,144

The notes form part of these financial statements

MARL COATINGS LIMITED

Balance sheet statements

For the year ending 29 February 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 20 November 2024
and signed on behalf of the board by:

Name: A McNeil
Status: Director

The notes form part of these financial statements

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 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

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 9 8

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 28 February 2023 96,424
Additions 30,175
At 29 February 2024 126,599
Depreciation
At 28 February 2023 69,141
Charge for year 14,364
At 29 February 2024 83,505
Net book value
At 29 February 2024 43,094
At 27 February 2023 27,283

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

Loans 10000 trade creditors 12747 tax and social security 21979 other 23896

MARL COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due after more than one year note

Loans 22503