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REGISTERED NUMBER: 01420940 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

MARQUEE ENTEC LIMITED

MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARQUEE ENTEC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: N M O'Riordan
N C Pendleton
B E Pendleton





REGISTERED OFFICE: 517 Yeading Lane
Northolt
Middlesex
UB5 6LN





REGISTERED NUMBER: 01420940 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,623,651 2,898,710

CURRENT ASSETS
Debtors 5 692,043 787,914
Cash at bank and in hand 257,148 1,019,818
949,191 1,807,732
CREDITORS
Amounts falling due within one year 6 791,870 1,054,086
NET CURRENT ASSETS 157,321 753,646
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,780,972

3,652,356

CREDITORS
Amounts falling due after more than one year 7 (836,581 ) (850,421 )

PROVISIONS FOR LIABILITIES 10 (475,604 ) (294,369 )
NET ASSETS 2,468,787 2,507,566

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,468,687 2,507,466
SHAREHOLDERS' FUNDS 2,468,787 2,507,566

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

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

MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

BALANCE SHEET - continued
30TH JUNE 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st January 2025 and were signed on its behalf by:





N C Pendleton - Director


MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

Marquee Entec 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 represents amounts receivable for services net of VAT and trade discounts. Income is recognised as services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - see below
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Land and buildings are depreciated over their estimated useful economic life after taking the residual value of the assets into consideration. The directors consider the residual value of the company's land and buildings to be in excess of the original cost and consequently no depreciation is provided.

The residual value of the company's assets and whether the value has been impaired are considered by the directors on an annual basis.

Government grants
The company recognises income arising from government grants using the performance model.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

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


2. ACCOUNTING POLICIES - continued

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.

Assets acquired under finance leases or hire purchase contracts are capitalised and depreciated on the same basis as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors. Finance costs associated with finance leases and hire purchase contracts are recognised in the profit and loss account using the effective interest rate method.

Pension costs and other post-retirement benefits
The company contributes to the personal pension schemes of selected directors and employees. The assets of the schemes are held independently of the company by insurance companies. The amounts charged to the profit and loss account are the contributions payable in the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st July 2023 1,721,236 4,344,772 6,066,008
Additions - 1,219,133 1,219,133
Disposals - (200,453 ) (200,453 )
At 30th June 2024 1,721,236 5,363,452 7,084,688
DEPRECIATION
At 1st July 2023 - 3,167,298 3,167,298
Charge for year - 482,529 482,529
Eliminated on disposal - (188,790 ) (188,790 )
At 30th June 2024 - 3,461,037 3,461,037
NET BOOK VALUE
At 30th June 2024 1,721,236 1,902,415 3,623,651
At 30th June 2023 1,721,236 1,177,474 2,898,710

MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 214,536 415,775
Other debtors 477,507 372,139
692,043 787,914

Included in other debtors are £208,318 payable by Internet Mobile Communication Limited which has gone into administration on 26th June 2024 and may not be recoverable.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 52,956 178,420
Hire purchase contracts (see note 8) 164,640 177,821
Trade creditors 325,663 250,198
Taxation and social security 22,087 105,829
Other creditors 226,524 341,818
791,870 1,054,086

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 568,012 612,953
Hire purchase contracts (see note 8) 79,630 237,468
Other creditors 188,939 -
836,581 850,421

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 164,640 177,821
Between one and five years 79,630 237,468
244,270 415,289

MARQUEE ENTEC LIMITED (REGISTERED NUMBER: 01420940)

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


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 620,968 664,648

The company's bank loans are secured by way of a fixed charge over the company's freehold property and by floating charges over the assets of the company.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Deferred tax 294,369 237,486
Deferred taxation movement 181,235 56,883
475,604 294,369

Deferred
tax
£   
Balance at 1st July 2023 294,369
Provided during year 181,235
Balance at 30th June 2024 475,604