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Company Registration No. 08890144 (England and Wales)
Marshall Scott Limited Unaudited accounts for the year ended 30 June 2024
Marshall Scott Limited Unaudited accounts Contents
Page
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Marshall Scott Limited Company Information for the year ended 30 June 2024
Directors
Elaine M S Vintcent Oliver G Vintcent
Secretary
Elaine Vintcent
Company Number
08890144 (England and Wales)
Registered Office
EAGLE TOWER MONTPELLIER DRIVE CHELTENHAM GL50 1TA ENGLAND
Accountants
Louise Newman and co Ltd 2 Bath Mews Bath Parade Cheltenham Gloucestershire GL53 7HL
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Marshall Scott Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
814 
980 
Current assets
Debtors
58,079 
54,444 
Cash at bank and in hand
- 
34 
58,079 
54,478 
Creditors: amounts falling due within one year
(31,736)
(32,924)
Net current assets
26,343 
21,554 
Net assets
27,157 
22,534 
Capital and reserves
Called up share capital
1,000 
1,000 
Share premium
16,900 
16,900 
Profit and loss account
9,257 
4,634 
Shareholders' funds
27,157 
22,534 
For the year ending 30 June 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 29 May 2025 and were signed on its behalf by
Oliver G Vintcent Director Company Registration No. 08890144
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Marshall Scott Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Marshall Scott Limited is a private company, limited by shares, registered in England and Wales, registration number 08890144. The registered office is EAGLE TOWER, MONTPELLIER DRIVE, CHELTENHAM, GL50 1TA, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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:
Plant & machinery
25% cost
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Marshall Scott Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
4,599 
3,896 
8,495 
At 30 June 2024
4,599 
3,896 
8,495 
Depreciation
At 1 July 2023
4,599 
2,916 
7,515 
Charge for the year
- 
166 
166 
At 30 June 2024
4,599 
3,082 
7,681 
Net book value
At 30 June 2024
- 
814 
814 
At 30 June 2023
- 
980 
980 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,324 
18,593 
Accrued income and prepayments
78 
558 
19,402 
19,151 
Amounts falling due after more than one year
Other debtors
38,677 
35,293 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5 
- 
Taxes and social security
30,681 
31,916 
Accruals
1,050 
1,008 
31,736 
32,924 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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