1 October 2023 false Taxfiler 2024.6 09788378business:PrivateLimitedCompanyLtd2023-10-012024-03-31 097883782023-09-30 097883782023-10-012024-03-31 09788378business:AuditExemptWithAccountantsReport2023-10-012024-03-31 09788378business:FilletedAccounts2023-10-012024-03-31 097883782024-03-31 09788378business:Director12023-10-012024-03-31 09788378business:Director22023-10-012024-03-31 09788378business:RegisteredOffice2023-10-012024-03-31 097883782023-09-30 09788378core:WithinOneYear2024-03-31 09788378core:WithinOneYear2023-09-30 09788378core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09788378core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 09788378core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09788378core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 09788378core:PreviouslyStatedAmount2024-03-31 09788378core:PreviouslyStatedAmount2023-09-30 09788378business:SmallEntities2023-10-012024-03-31 09788378countries:EnglandWales2023-10-012024-03-31 09788378core:PlantMachinery2023-10-012024-03-31 09788378core:PlantMachinery2023-09-30 09788378core:PlantMachinery2024-03-31 09788378core:AcceleratedTaxDepreciationDeferredTax2024-03-31 09788378core:AcceleratedTaxDepreciationDeferredTax2023-09-30 09788378core:TaxLossesCarry-forwardsDeferredTax2024-03-31 09788378core:TaxLossesCarry-forwardsDeferredTax2023-09-30 097883782022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 09788378 (England and Wales)
MARSM Limited Unaudited accounts for the period from 1 October 2023 to 31 March 2024
MARSM Limited Unaudited accounts Contents
Page
- 2 -
MARSM Limited Company Information for the period from 1 October 2023 to 31 March 2024
Directors
K Shaheenziada V Baudry
Company Number
09788378 (England and Wales)
Registered Office
Omnibus House 39-41 North Road Rm 114 Gnd Flr London N7 9DP
Accountants
Total Accounting Solutions Limited 68 Habgood Road Loughton Essex IG10 1HE
- 3 -
MARSM Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,460 
2,427 
Investments
10,000 
10,000 
12,460 
12,427 
Current assets
Debtors
28,650 
67,459 
Cash at bank and in hand
249,724 
129,915 
278,374 
197,374 
Creditors: amounts falling due within one year
(180,603)
(76,747)
Net current assets
97,771 
120,627 
Net assets
110,231 
133,054 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
110,229 
133,052 
Shareholders' funds
110,231 
133,054 
For the period ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
K Shaheenziada Director Company Registration No. 09788378
- 4 -
MARSM Limited Notes to the Accounts for the period from 1 October 2023 to 31 March 2024
1
Statutory information
MARSM Limited is a private company, limited by shares, registered in England and Wales, registration number 09788378. The registered office is Omnibus House 39-41 North Road, Rm 114 Gnd Flr, London, N7 9DP.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the date of the event being promoted.
Grants
Grants in relation to trading and profit and loss activities are credited to other operating income when the corresponding expenditure is charged to profit and loss.
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
25% straight line
Investments
Investments in shares are included at cost less impairment.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
MARSM Limited Notes to the Accounts for the period from 1 October 2023 to 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
4,844 
Additions
499 
At 31 March 2024
5,343 
Depreciation
At 1 October 2023
2,417 
Charge for the period
466 
At 31 March 2024
2,883 
Net book value
At 31 March 2024
2,460 
At 30 September 2023
2,427 
5
Investments
Other investments 
£ 
Valuation at 1 October 2023
10,000 
Valuation at 31 March 2024
10,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,883 
22,919 
Deferred tax asset
4,719 
Accrued income and prepayments
13,366 
43,858 
Other debtors
682 
682 
28,650 
67,459 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
23,110 
24,584 
Taxes and social security
18,058 
13,418 
Other creditors
866 
12,016 
Loans from directors
4,187 
4,031 
Accruals
7,663 
4,365 
Deferred income
126,719 
18,333 
180,603 
76,747 
- 6 -
MARSM Limited Notes to the Accounts for the period from 1 October 2023 to 31 March 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
467 
- 
Tax losses carried forward
(5,186)
- 
(4,719)
- 
2024 
2023 
£ 
£ 
Credited to the profit and loss account
(4,719)
- 
Provision at end of period
(4,719)
- 
9
Average number of employees
During the period the average number of employees was 8 (2023: 8).
- 7 -