2024-04-01 06871552 2025-03-31 06871552 2024-04-01 2025-03-31 06871552 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 06871552 uk-bus:Director1 2024-04-01 2025-03-31 06871552 uk-bus:Director1 2025-03-31 06871552 2024-03-31 06871552 2023-04-01 2024-03-31 06871552 uk-core:WithinOneYear 2024-03-31 06871552 uk-core:WithinOneYear 2025-03-31 06871552 uk-core:AfterOneYear 2024-03-31 06871552 uk-core:AfterOneYear 2025-03-31 06871552 uk-core:ShareCapital 2025-03-31 06871552 uk-core:ShareCapital 2024-03-31 06871552 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 06871552 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 iso4217:GBP xbrli:pure 06871552 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06871552 uk-bus:FRS102 2024-04-01 2025-03-31 06871552 uk-bus:FullAccounts 2024-04-01 2025-03-31 06871552 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Martlets Ifa Ltd
Registered Number:06871552
For the year ended 31 March 2025
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 31 March 2025
Martlets Ifa Ltd
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Other Comprehensive Income
6
Statement of Financial Position
7
Statement of Changes in Equity
8
Notes to the Financial Statements
3
For the year ended 31 March 2025
Martlets Ifa Ltd
Company Information
Mr Christopher Redfearn
Director
06871552
Registered Number
32 Larkspur Drive
Registered Office
Eastbourne
England
BN23 8BS
St James Bookkeeping Limited
Accountants
Flat 6 Taddington House
Taddington Road
Eastbourne
East Sussex
BN22 7EB
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4
For the year ended 31 March 2025
Martlets Ifa Ltd
Director's Report
The director presents his report and financial statements for the year ended 31 March 2025.
Principal activities
The principal activity of the company continued to be that of Independent Financial Advisers
Director
The director who served the company throughout the year was as follows:
Mr Christopher Redfearn
Mr Christopher Redfearn
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
19 August 2025
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5
For the year ended 31 March 2025
Martlets Ifa Ltd
Independent Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Martlets IFA Ltd.
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts
of Martlets IFA Limited for the year ended 31 March 2025 which comprise the Income Statement, Other
Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and the related
notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Martlets IFA Limited, as a body, in accordance with the terms of
our engagement letter dated 16 Marchl 2022. Our work has been undertaken solely to prepare for your approval the
accounts of Martlets IFA Limited and state those matters that we have agreed to stae to the Board of Directors of
Martlets IFA Limited.
It is your duty to ensure that Martlets IFa Limited has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of assets, liabilities, financial position and profit of Martlets IFA Limited. You
consider that Martlets Limited is exempt from the statutory audit requirement for the year.
St James Bookkeeping Limited
Flat 6 Taddington House
Taddington Road
Eastbourne
East Sussex
BN22 7EB
Date:
19 August 2025
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6
For the year ended 31 March 2025
Martlets Ifa Ltd
Income Statement
2024
£
2025
£
Turnover
44,768
35,297
(479)
Cost of sales
(13,049)
34,818
Gross profit
31,719
Administrative expenses
(17,638)
(32,206)
Operating profit
14,081
2,612
14,081
2,612
Profit before taxation
(1,512)
-
Taxation
12,569
Profit for the financial year
2,612
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7
For the year ended 31 March 2025
Martlets Ifa Ltd
Other Comprehensive Income
2025
2024
£
£
12,569
2,612
Profit for the financial year
Total comprehensive income since last annual report
12,569
2,612
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Registered Number :
06871552
As at 31 March 2025
Martlets Ifa Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Current assets
18,171
Cash and cash equivalents
27,594
27,594
18,171
Trade and other payables: amounts falling due within one
year
(4,296)
(2,455)
2
13,875
25,139
Net current assets
Total assets less current liabilities
25,139
13,875
Trade and other payables: amounts falling due after more
than one year
(16,000)
(16,000)
3
9,139
Net assets/liabilities
(2,125)
Capital and reserves
Called up share capital
4,000
4,000
Retained earnings
5,139
(6,125)
9,139
(2,125)
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Christopher Redfearn
These financial statements were approved and authorised for issue by the Board on 19 August 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 31 March 2025
Martlets Ifa Ltd
Statement of Changes in Equity
Share Capital
Retained
earnings
Total
£
£
£
Balance at 01 April 2023
4,000
(8,737)
(4,737)
2,612
2,612
Profit/Loss for the period
Balance at 31 March 2024 and 01 April 2024
(2,125)
(6,125)
4,000
12,569
12,569
Profit/Loss for the year
Dividends
(1,305)
(1,305)
Balance at 31 March 2025
4,000
5,139
9,139
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For the year ended 31 March 2025
Martlets Ifa Ltd
Notes to the Financial Statements
Statutory Information
Martlets Ifa Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
06871552.
Registered address:
32 Larkspur Drive
Eastbourne
England
BN23 8BS
The presentation currency is £ sterling.
"Unconditional Obligation to acquire goodwill entered into on 7 April 2015, relief claimed in accordance with Part 8
CTA 2009 s 816A (10)"
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Taxation and social security
1,512
-
Accruals and deferred income
943
881
Directors' loan accounts
-
3,415
2,455
4,296
3. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
16,000
16,000
Directors' loan accounts
4. Average number of persons employed
During the year the average number of employees was 1 (2024 : 1)
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