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Company Registration No. 04740619 (England and Wales)
March One Limited Unaudited accounts for the year ended 31 October 2024
March One Limited Unaudited accounts Contents
Page
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March One Limited Company Information for the year ended 31 October 2024
Director
Timothy Brookshaw
Company Number
04740619 (England and Wales)
Registered Office
Flat 3 4 Quarry Place Shrewsbury SY1 1JN
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March One Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2 
2 
Tangible assets
2,211 
2,050 
2,213 
2,052 
Current assets
Inventories
16,540 
13,197 
Debtors
22,853 
36,912 
Cash at bank and in hand
7,982 
44,484 
47,375 
94,593 
Creditors: amounts falling due within one year
(27,243)
(30,656)
Net current assets
20,132 
63,937 
Total assets less current liabilities
22,345 
65,989 
Creditors: amounts falling due after more than one year
(25,463)
(31,018)
Net (liabilities)/assets
(3,118)
34,971 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,119)
34,970 
Shareholders' funds
(3,118)
34,971 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 15 April 2025 and were signed on its behalf by
Timothy Brookshaw Director Company Registration No. 04740619
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March One Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
March One Limited is a private company, limited by shares, registered in England and Wales, registration number 04740619. The registered office is Flat 3, 4 Quarry Place, Shrewsbury, SY1 1JN.
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:
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2023
152,583 
At 31 October 2024
152,583 
Amortisation
At 1 November 2023
152,581 
At 31 October 2024
152,581 
Net book value
At 31 October 2024
2 
At 31 October 2023
2 
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March One Limited Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
5,769 
16,173 
4,752 
26,694 
Additions
- 
- 
713 
713 
At 31 October 2024
5,769 
16,173 
5,465 
27,407 
Depreciation
At 1 November 2023
5,223 
15,651 
3,770 
24,644 
Charge for the year
109 
104 
339 
552 
At 31 October 2024
5,332 
15,755 
4,109 
25,196 
Net book value
At 31 October 2024
437 
418 
1,356 
2,211 
At 31 October 2023
546 
522 
982 
2,050 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,183 
19,195 
Other debtors
17,670 
17,717 
22,853 
36,912 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
2,008 
4,336 
Trade creditors
16,253 
11,405 
Taxes and social security
493 
6,079 
Other creditors
1,433 
1,780 
Accruals
1,500 
1,500 
27,243 
30,656 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,463 
31,018 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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