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REGISTERED NUMBER: 04393803 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MARLOR TOOLING LIMITED

MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARLOR TOOLING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: K J Taylor





REGISTERED OFFICE: 3 Maxwell Road
Peterborough
Cambridgeshire
PE2 7JB





REGISTERED NUMBER: 04393803 (England and Wales)





ACCOUNTANTS: GreenStones Limited
9 Commerce Road
Lynchwood
Peterborough
Cambridgeshire
PE2 6LR

MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 897,668 1,163,766

CURRENT ASSETS
Stocks 197,318 258,225
Debtors 5 606,428 526,564
Cash at bank and in hand 21,170 5,227
824,916 790,016
CREDITORS
Amounts falling due within one
year

6

881,246

814,981
NET CURRENT LIABILITIES (56,330 ) (24,965 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

841,338

1,138,801

CREDITORS
Amounts falling due after more
than one year

7

(135,876

)

(240,231

)

PROVISIONS FOR LIABILITIES (157,262 ) (150,281 )
NET ASSETS 548,200 748,289

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 548,098 748,187
SHAREHOLDERS' FUNDS 548,200 748,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

BALANCE SHEET - continued
30 APRIL 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 director and authorised for issue on 6 January 2025 and were signed by:





K J Taylor - Director


MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Marlor Tooling 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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.


MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 26 ) .

MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 May 2023 13,136 3,144,298 28,460
Additions - 83,951 -
Disposals - (219,865 ) -
At 30 April 2024 13,136 3,008,384 28,460
DEPRECIATION
At 1 May 2023 10,509 2,072,872 18,699
Charge for year 1,313 194,570 1,520
Eliminated on disposal - (92,342 ) -
At 30 April 2024 11,822 2,175,100 20,219
NET BOOK VALUE
At 30 April 2024 1,314 833,284 8,241
At 30 April 2023 2,627 1,071,426 9,761

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 78,891 131,817 3,396,602
Additions - - 83,951
Disposals - - (219,865 )
At 30 April 2024 78,891 131,817 3,260,688
DEPRECIATION
At 1 May 2023 28,583 102,173 2,232,836
Charge for year 16,043 9,080 222,526
Eliminated on disposal - - (92,342 )
At 30 April 2024 44,626 111,253 2,363,020
NET BOOK VALUE
At 30 April 2024 34,265 20,564 897,668
At 30 April 2023 50,308 29,644 1,163,766

MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under finance leases are as follows:
Plant and
machinery
£   
COST
At 1 May 2023 765,380
Additions 65,000
At 30 April 2024 830,380
DEPRECIATION
At 1 May 2023 180,600
Charge for year 76,669
At 30 April 2024 257,269
NET BOOK VALUE
At 30 April 2024 573,111
At 30 April 2023 584,780

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 399,438 319,650
Other debtors 206,990 206,914
606,428 526,564

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 108,174 48,633
Finance leases 144,469 162,099
Trade creditors 160,068 160,459
Taxation and social security 136,885 176,736
Other creditors 331,650 267,054
881,246 814,981

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 13,091 41,908
Finance leases 122,785 198,323
135,876 240,231

MARLOR TOOLING LIMITED (REGISTERED NUMBER: 04393803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
K J Taylor
Balance outstanding at start of year 143,407 168,621
Amounts advanced 75,575 50,730
Amounts repaid (87,870 ) (75,944 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 131,112 143,407