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Company Registration No. 11792742 (England and Wales)
Marshwell Firedoors Ltd Unaudited accounts for the year ended 31 January 2025
Marshwell Firedoors Ltd Unaudited accounts Contents
Page
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Marshwell Firedoors Ltd Company Information for the year ended 31 January 2025
Directors
Michael Marshwell Peter Southwell Roy Southwell
Company Number
11792742 (England and Wales)
Registered Office
Unit B, Haycroft Avenue Grimsby N E Lincs DN31 2PF United Kingdom
Accountants
LRCA Limited McCue House 70 Wilton Road Grimsby N E Lincs DN36 4AW
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Marshwell Firedoors Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
218,599 
90,290 
Cash at bank and in hand
50,106 
87,285 
268,705 
177,575 
Creditors: amounts falling due within one year
(145,273)
(76,335)
Net current assets
123,432 
101,240 
Total assets less current liabilities
123,432 
101,240 
Creditors: amounts falling due after more than one year
(21,397)
(26,207)
Net assets
102,035 
75,033 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
102,032 
75,030 
Shareholders' funds
102,035 
75,033 
For the year ending 31 January 2025 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 14 July 2025 and were signed on its behalf by
Peter Southwell Director Company Registration No. 11792742
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Marshwell Firedoors Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Marshwell Firedoors Ltd is a private company, limited by shares, registered in England and Wales, registration number 11792742. The registered office is Unit B, Haycroft Avenue, Grimsby, N E Lincs, DN31 2PF, United Kingdom.
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.
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
23,480 
- 
Trade debtors
56,073 
47,996 
Accrued income and prepayments
29,936 
- 
Other debtors
109,110 
42,294 
218,599 
90,290 
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Marshwell Firedoors Ltd Notes to the Accounts for the year ended 31 January 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
4,810 
4,841 
VAT
- 
3,273 
Trade creditors
105,545 
1,371 
Taxes and social security
29,708 
24,964 
Other creditors
3,657 
31,467 
Loans from directors
703 
10,419 
Accruals
850 
- 
145,273 
76,335 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
21,397 
26,207 
7
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 January 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
12,720 
12,720 
Later than one year and not later than five years
50,880 
50,880 
Later than five years
- 
12,720 
63,600 
76,320 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Interest free and repayable on demand
(4,710)
64,181 
47,769 
11,702 
(4,710)
64,181 
47,769 
11,702 
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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