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REGISTERED NUMBER: 04977352 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Marsland Enterprises Limited

Marsland Enterprises Limited (Registered number: 04977352)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marsland Enterprises Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mr T Marsland
Miss N Shaw





REGISTERED OFFICE: 43 Bluebell Drive
Stansted
Essex
CM24 8XP





REGISTERED NUMBER: 04977352 (England and Wales)





ACCOUNTANTS: Pigram & Co
43 Bluebell Drive
Stansted
Essex
CM24 8XP

Marsland Enterprises Limited (Registered number: 04977352)

Balance Sheet
31st March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,284 75,355

CURRENT ASSETS
Debtors 5 43,428 94,906
Cash at bank 136,056 69,624
179,484 164,530
CREDITORS
Amounts falling due within one year 6 21,738 8,757
NET CURRENT ASSETS 157,746 155,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,030

231,128

CREDITORS
Amounts falling due after more than one
year

7

13,430

33,433
NET ASSETS 204,600 197,695

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 204,500 197,595
SHAREHOLDERS' FUNDS 204,600 197,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Marsland Enterprises Limited (Registered number: 04977352)

Balance Sheet - continued
31st March 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 20th February 2025 and were signed on its behalf by:




Mr T Marsland - Director



Miss N Shaw - Director


Marsland Enterprises Limited (Registered number: 04977352)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Marsland Enterprises 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.

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.

Hire purchase and leasing commitments
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 3 (2023 - 3 ) .

Marsland Enterprises Limited (Registered number: 04977352)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st April 2023
and 31st March 2024 160,472 2,691 682 163,845
DEPRECIATION
At 1st April 2023 86,177 1,810 503 88,490
Charge for year 14,859 176 36 15,071
At 31st March 2024 101,036 1,986 539 103,561
NET BOOK VALUE
At 31st March 2024 59,436 705 143 60,284
At 31st March 2023 74,295 881 179 75,355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 13,428 47,838
Other debtors 30,000 36,000
VAT - 11,068
43,428 94,906

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts (see note 8) 10,648 9,663
Hire purchase contracts 9,113 12,567
Tax 54,457 15,140
Social security and other taxes (77,757 ) (31,258 )
VAT 5,372 -
Directors' current accounts 17,905 695
Accrued expenses 2,000 1,950
21,738 8,757

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Bank loans (see note 8) 13,430 24,320
Hire purchase contracts - 9,113
13,430 33,433

Marsland Enterprises Limited (Registered number: 04977352)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

8. LOANS

An analysis of the maturity of loans is given below:

31/3/24 31/3/23
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,648 9,663

Amounts falling due between one and two years:
Bank loans - 1-2 years 13,430 24,320

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1st April 2023 197,595
Profit for the year 106,905
Dividends (100,000 )
At 31st March 2024 204,500