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REGISTERED NUMBER: 05239575 (England and Wales)












MarTam Services Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024






MarTam Services Limited (Registered number: 05239575)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MarTam Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: M E Stimler





SECRETARY: Mrs T S Davis





REGISTERED OFFICE: 10 The Squirrels
Bushey
Hertfordshire
WD23 4RT





REGISTERED NUMBER: 05239575 (England and Wales)





ACCOUNTANTS: Kilby Fox
Chartered Accountants
4 Pavilion Court
600 Pavilion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7SL

MarTam Services Limited (Registered number: 05239575)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 575,364 561,010

CURRENT ASSETS
Debtors 5 1,454 4,246
Cash at bank and in hand 21,532 13,891
22,986 18,137
CREDITORS
Amounts falling due within one year 6 188,096 196,566
NET CURRENT LIABILITIES (165,110 ) (178,429 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

410,254

382,581

PROVISIONS FOR LIABILITIES 7 143,900 106,586
NET ASSETS 266,354 275,995

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 266,352 275,993
SHAREHOLDERS' FUNDS 266,354 275,995

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 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.

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 director and authorised for issue on 17 June 2025 and were signed by:




M E Stimler - Director


MarTam Services Limited (Registered number: 05239575)

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

1. STATUTORY INFORMATION

MarTam Services 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 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 & machinery etc - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

MarTam Services Limited (Registered number: 05239575)

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

4. TANGIBLE FIXED ASSETS
Plant &
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 555,354 27,832 583,186
Additions - 5,950 5,950
Disposals - (3,842 ) (3,842 )
Revaluations 11,186 - 11,186
At 30 September 2024 566,540 29,940 596,480
DEPRECIATION
At 1 October 2023 - 22,176 22,176
Charge for year - 2,782 2,782
Eliminated on disposal - (3,842 ) (3,842 )
At 30 September 2024 - 21,116 21,116
NET BOOK VALUE
At 30 September 2024 566,540 8,824 575,364
At 30 September 2023 555,354 5,656 561,010

Cost or valuation at 30 September 2024 is represented by:

Plant &
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2014 200,717 - 200,717
Valuation in 2016 37,045 - 37,045
Valuation in 2017 13,256 - 13,256
Valuation in 2018 (4,100 ) - (4,100 )
Valuation in 2019 (23,259 ) - (23,259 )
Valuation in 2020 31,831 - 31,831
Valuation in 2021 21,694 - 21,694
Valuation in 2022 36,186 - 36,186
Valuation in 2023 (20,929 ) - (20,929 )
Valuation in 2024 11,186 - 11,186
Cost 262,913 29,940 292,853
566,540 29,940 596,480

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 262,913 262,913

Value of land in freehold land and buildings 518,403 518,403

Freehold land and buildings were valued on an open market basis on 30 September 2024 by the Directors .

MarTam Services Limited (Registered number: 05239575)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,936
Other debtors 1,454 2,310
1,454 4,246

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 11,387 2,754
Other creditors 176,709 193,812
188,096 196,566

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 143,900 106,586

Deferred
tax
£   
Balance at 1 October 2023 106,586
Provided during year 37,314
Balance at 30 September 2024 143,900