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REGISTERED NUMBER: 07836724 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 AUGUST 2024

FOR

MARBLE & JOINERY WORKSHOP LIMITED

MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MARBLE & JOINERY WORKSHOP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 AUGUST 2024







DIRECTOR: Mr N Kassouf





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 07836724 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

ABRIDGED BALANCE SHEET
30 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 92,975 116,994

CURRENT ASSETS
Stocks 308,034 299,397
Debtors 114,850 241,187
Cash at bank and in hand 46,766 69,395
469,650 609,979
CREDITORS
Amounts falling due within one year 445,334 609,825
NET CURRENT ASSETS 24,316 154
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,291

117,148

CREDITORS
Amounts falling due after more than one year (7,501 ) (26,042 )

PROVISIONS FOR LIABILITIES 7 (21,123 ) (26,852 )
NET ASSETS 88,667 64,254

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 87,667 63,254
SHAREHOLDERS' FUNDS 88,667 64,254

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

ABRIDGED BALANCE SHEET - continued
30 AUGUST 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 June 2025 and were signed by:





Mr N Kassouf - Director


MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024


1. STATUTORY INFORMATION

Marble & Joinery Workshop 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. 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.

The financial statements are presented in Sterling (£) which is the functional currency of the company.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - in accordance with the property
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the asset capable of operating as intended.

The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.

The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in the profit and loss account.

Impairment of assets
The company assess at each reporting date whether an asset may be impaired. If any such indication exists the company estimates the recoverable amount of the assets. If it is not possible to estimate the recoverable amount of the individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. The recoverable amount of an asset or cash-generating unit is the higher of its fair value less costs to sell and its value in use. If the recoverable amount is less than its carrying amount, the carrying amount of the asset is impaired and it is reduced to its recoverable amount through an impairment in profit and loss unless the asset is carried at a revalued amount where the impairment loss of a revalued asset is a revaluation decrease.

An impairment loss recognised for all assets, in goodwill, is reversed in a subsequent period only if the reasons for the impairment have ceased to apply.

MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

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


3. ACCOUNTING POLICIES - continued

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

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


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 31 August 2023
and 30 August 2024 461,500
DEPRECIATION
At 31 August 2023 344,506
Charge for year 24,019
At 30 August 2024 368,525
NET BOOK VALUE
At 30 August 2024 92,975
At 30 August 2023 116,994

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 31 August 2023
and 30 August 2024 176,458
DEPRECIATION
At 31 August 2023 114,520
Charge for year 12,388
At 30 August 2024 126,908
NET BOOK VALUE
At 30 August 2024 49,550
At 30 August 2023 61,938

6. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000
Other loans 22,079 19,478
32,079 29,478

MARBLE & JOINERY WORKSHOP LIMITED (REGISTERED NUMBER: 07836724)

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


6. LOANS - continued
2024 2023
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 7,501 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years - 7,500

The company took up a Coronavirus Bounce Bank Loan with Barclays bank plc during May 2020.

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 21,123 26,852

Deferred
tax
£   
Balance at 31 August 2023 26,852
Reduction on accelerated
capital allowance (5,729 )
Balance at 30 August 2024 21,123

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. ULTIMATE CONTROLLING PARTY

Mr Naji Kassouf, the director, controls the company by virtue of his controlling interest of 100% of the issued ordinary share capital.