Company registration number 10607439 (England and Wales)
MARRS BARS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
MARRS BARS LIMITED
COMPANY INFORMATION
Directors
Mr H Carmichael-Smith
Mr S J Latham-Marr
Company number
10607439
Registered office
Bordesley Park Farm
Dagnell End Road
Redditch
Worcestershire
B98 9BH
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
HSBC Bank Plc
Church Green West
Redditch
Worcestershire
B97 4EA
MARRS BARS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
MARRS BARS LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MARRS BARS LIMITED FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marrs Bars Limited for the year ended 31 December 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Marrs Bars Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marrs Bars Limited and state those matters that we have agreed to state to the b oard of d irectors of Marrs Bars Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marrs Bars Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Marrs Bars Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Marrs Bars Limited. You consider that Marrs Bars Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marrs Bars Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
1 July 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
MARRS BARS LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
11,676
12,815
Current assets
Stocks
3,073
3,406
Debtors
4
2,595
5,806
Cash at bank and in hand
197,910
199,460
203,578
208,672
Creditors: amounts falling due within one year
5
(97,641)
(114,362)
Net current assets
105,937
94,310
Total assets less current liabilities
117,613
107,125
Creditors: amounts falling due after more than one year
6
(25,727)
(30,961)
Provisions for liabilities
8
(1,736)
(2,430)
Net assets
90,150
73,734
Capital and reserves
Called up share capital
9
99
99
Profit and loss reserves
90,051
73,635
Total equity
90,150
73,734

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

MARRS BARS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 1 July 2025 and are signed on its behalf by:
Mr S J Latham-Marr
Director
Company registration number 10607439 (England and Wales)
MARRS BARS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
1
Accounting policies
Company information

Marrs Bars Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bordesley Park Farm, Dagnell End Road, Redditch, Worcestershire, United Kingdom, B98 9BH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% on reducing balance
Computer equipment
20% on reducing balance
Motor vehicles
20% on reducing balance
1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

MARRS BARS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 5 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
4
MARRS BARS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
3
Tangible fixed assets
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 January 2024
12,028
9,601
10,191
31,820
Additions
-
0
1,790
-
0
1,790
At 31 December 2024
12,028
11,391
10,191
33,610
Depreciation and impairment
At 1 January 2024
7,419
4,623
6,963
19,005
Depreciation charged in the year
924
1,359
646
2,929
At 31 December 2024
8,343
5,982
7,609
21,934
Carrying amount
At 31 December 2024
3,685
5,409
2,582
11,676
At 31 December 2023
4,609
4,978
3,228
12,815
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
338
Other debtors
2,595
5,468
2,595
5,806
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
5,234
5,105
Trade creditors
-
0
759
Taxation and social security
7,909
9,822
Other creditors
84,498
98,676
97,641
114,362
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
25,727
30,961
MARRS BARS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 7 -
7
Secured debts
The following secured debts are included within creditors:
2024
2023
£
£
Bank loans
30,961
36,066
Bank loans are secured by way of a government-backed guarantee.
8
Provisions for liabilities
2024
2023
£
£
Deferred tax liabilities
1,736
2,430
9
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
99
99
99
99
10
Ultimate controlling party

The ultimate controlling party is Mr S J Latham-Marr.

2024-12-31 2024-01-01 false false false 01 July 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr H Carmichael-Smith Mr S J Latham-Marr 10607439 2024-01-01 2024-12-31 10607439 bus:Director1 2024-01-01 2024-12-31 10607439 bus:Director2 2024-01-01 2024-12-31 10607439 bus:RegisteredOffice 2024-01-01 2024-12-31 10607439 bus:Agent1 2024-01-01 2024-12-31 10607439 2024-12-31 10607439 2023-12-31 10607439 core:FurnitureFittings 2024-12-31 10607439 core:ComputerEquipment 2024-12-31 10607439 core:MotorVehicles 2024-12-31 10607439 core:FurnitureFittings 2023-12-31 10607439 core:ComputerEquipment 2023-12-31 10607439 core:MotorVehicles 2023-12-31 10607439 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10607439 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 10607439 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 10607439 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 10607439 core:CurrentFinancialInstruments 2024-12-31 10607439 core:CurrentFinancialInstruments 2023-12-31 10607439 core:ShareCapital 2024-12-31 10607439 core:ShareCapital 2023-12-31 10607439 core:RetainedEarningsAccumulatedLosses 2024-12-31 10607439 core:RetainedEarningsAccumulatedLosses 2023-12-31 10607439 core:ShareCapitalOrdinaryShareClass1 2024-12-31 10607439 core:ShareCapitalOrdinaryShareClass1 2023-12-31 10607439 core:FurnitureFittings 2024-01-01 2024-12-31 10607439 core:ComputerEquipment 2024-01-01 2024-12-31 10607439 core:MotorVehicles 2024-01-01 2024-12-31 10607439 2023-01-01 2023-12-31 10607439 core:FurnitureFittings 2023-12-31 10607439 core:ComputerEquipment 2023-12-31 10607439 core:MotorVehicles 2023-12-31 10607439 2023-12-31 10607439 core:WithinOneYear 2024-12-31 10607439 core:WithinOneYear 2023-12-31 10607439 core:Non-currentFinancialInstruments 2024-12-31 10607439 core:Non-currentFinancialInstruments 2023-12-31 10607439 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 10607439 bus:OrdinaryShareClass1 2024-12-31 10607439 bus:OrdinaryShareClass1 2023-12-31 10607439 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10607439 bus:FRS102 2024-01-01 2024-12-31 10607439 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10607439 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10607439 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP