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REGISTERED NUMBER: 04529158 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Marshalls (Donington) Limited

Marshalls (Donington) Limited (Registered number: 04529158)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 8


Marshalls (Donington) Limited

Company Information
for the Year Ended 30 September 2024







Directors: R Marshall
Mrs J Marshall
Miss S J Marshall





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB





Business address: Bank Farm
Quadring Bank
Spalding
Lincolnshire
PE11 4RD





Registered number: 04529158 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Marshalls (Donington) Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marshalls (Donington) Limited for the year ended 30 September 2024 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Marshalls (Donington) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marshalls (Donington) Limited and state those matters that we have agreed to state to the Board of Directors of Marshalls (Donington) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marshalls (Donington) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Marshalls (Donington) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Marshalls (Donington) Limited. You consider that Marshalls (Donington) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marshalls (Donington) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


8 April 2025

Marshalls (Donington) Limited (Registered number: 04529158)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 5 66,229 78,573
Investment property 6 167,000 171,000
233,229 249,573

Current assets
Stocks 2,000 2,000
Debtors 7 23,070 17,971
Cash at bank and in hand 53,300 82,501
78,370 102,472
Creditors
Amounts falling due within one year 8 16,831 20,779
Net current assets 61,539 81,693
Total assets less current liabilities 294,768 331,266

Provisions for liabilities 25,601 33,189
Net assets 269,167 298,077

Capital and reserves
Called up share capital 100 100
Revaluation reserve 9 56,328 60,328
Retained earnings 212,739 237,649
269,167 298,077

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

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

Marshalls (Donington) Limited (Registered number: 04529158)

Statement of Financial Position - continued
30 September 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 8 April 2025 and were signed on its behalf by:





R Marshall - Director


Marshalls (Donington) Limited (Registered number: 04529158)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. Statutory information

Marshalls (Donington) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance, 10% on reducing balance and 5% on a straight line basis

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.


Marshalls (Donington) Limited (Registered number: 04529158)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4. Employees and directors

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

5. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 October 2023 331,559
Additions 5,083
At 30 September 2024 336,642
Depreciation
At 1 October 2023 252,986
Charge for year 17,427
At 30 September 2024 270,413
Net book value
At 30 September 2024 66,229
At 30 September 2023 78,573

6. Investment property
Total
£   
Fair value
At 1 October 2023 171,000
Revaluations (4,000 )
At 30 September 2024 167,000
Net book value
At 30 September 2024 167,000
At 30 September 2023 171,000

Marshalls (Donington) Limited (Registered number: 04529158)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


6. Investment property - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2017 14,328
Valuation in 2018 5,000
Valuation in 2019 34,000
Valuation in 2020 8,359
Valuation in 2021 (16,359 )
Valuation in 2022 14,000
Valuation in 2023 1,000
Valuation in 2024 (4,000 )
Cost 110,672
167,000

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 12,521 13,830
Other debtors 10,549 4,141
23,070 17,971

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 7,086 4,459
Taxation and social security 990 4,168
Other creditors 8,755 12,152
16,831 20,779

9. Reserves
Revaluation
reserve
£   
At 1 October 2023 60,328
Revaluation transfer (4,000 )

At 30 September 2024 56,328

Marshalls (Donington) Limited (Registered number: 04529158)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


10. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
R Marshall and Mrs J Marshall
Balance outstanding at start of year (7,172 ) (1,008 )
Amounts advanced 5,812 2,779
Amounts repaid (2,659 ) (8,943 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,019 ) (7,172 )