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Company Registration No. 12009332 (England and Wales)
Marjinal Advisory Services Ltd Unaudited accounts for the year ended 31 May 2024
Marjinal Advisory Services Ltd Unaudited accounts Contents
Page
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Marjinal Advisory Services Ltd Company Information for the year ended 31 May 2024
Directors
Andrew Martin Marjeram Ryan Frood Matthew Kevin Fawl
Company Number
12009332 (England and Wales)
Registered Office
Unit 20, The Circle Queen Elizabeth Street London SE1 2JE England
Accountants
Liberty Financial Chartered Accountants Unit 20, The Circle Queen Elizabeth Street London SE1 2JE
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Marjinal Advisory Services Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,000 
6,875 
Tangible assets
53,759 
52,913 
Investments
- 
5 
58,759 
59,793 
Current assets
Debtors
70,971 
38,169 
Cash at bank and in hand
18,223 
- 
89,194 
38,169 
Creditors: amounts falling due within one year
(107,884)
(16,718)
Net current (liabilities)/assets
(18,690)
21,451 
Total assets less current liabilities
40,069 
81,244 
Creditors: amounts falling due after more than one year
(32,699)
(66,445)
Net assets
7,370 
14,799 
Capital and reserves
Called up share capital
200 
100 
Profit and loss account
7,170 
14,699 
Shareholders' funds
7,370 
14,799 
For the year ending 31 May 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 25 February 2025 and were signed on its behalf by
Andrew Martin Marjeram Director Company Registration No. 12009332
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Marjinal Advisory Services Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Marjinal Advisory Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12009332. The registered office is Unit 20, The Circle, Queen Elizabeth Street, London, SE1 2JE, England.
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 year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2023
12,500 
At 31 May 2024
12,500 
Amortisation
At 1 June 2023
5,625 
Charge for the year
1,875 
At 31 May 2024
7,500 
Net book value
At 31 May 2024
5,000 
At 31 May 2023
6,875 
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Marjinal Advisory Services Ltd Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
52,913 
- 
52,913 
Additions
- 
870 
870 
At 31 May 2024
52,913 
870 
53,783 
Depreciation
Charge for the year
- 
24 
24 
At 31 May 2024
- 
24 
24 
Net book value
At 31 May 2024
52,913 
846 
53,759 
At 31 May 2023
52,913 
- 
52,913 
6
Investments
Other investments 
£ 
Valuation at 1 June 2023
5 
Disposals
(5)
Valuation at 31 May 2024
- 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,520 
- 
Accrued income and prepayments
282 
- 
Other debtors
68,169 
38,169 
70,971 
38,169 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,944 
5,938 
VAT
3,414 
- 
Obligations under finance leases and hire purchase contracts
- 
37,326 
Trade creditors
1,235 
- 
Taxes and social security
11,719 
14,731 
Other creditors
131,667 
- 
Loans from directors
(48,953)
(44,135)
Accruals
2,858 
2,858 
107,884 
16,718 
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Marjinal Advisory Services Ltd Notes to the Accounts for the year ended 31 May 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,684 
35,662 
Obligations under finance leases and hire purchase contracts
- 
30,768 
Other creditors
15 
15 
32,699 
66,445 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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