Marcus Limited


Directors	M. Joslin
	M.C.A. Smith


Company Secretary	M.C.A. Smith


Registered Address	62 Bagley Lane
	Farsley
	Pudsey
	LS28 5LY


Registered Number	01649844 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1		1
			1		1
Current assets
Stocks	4	10,895		24,876
Debtors		108,458		87,411
Cash at bank and on hand		345,029		314,480
		464,382		426,767
Creditors amounts falling due within one year	5	(155,613)		(180,325)
Net current assets (liabilities)			308,769		246,442
Total assets less current liabilities			308,770		246,443
Creditors amounts falling due after one year	6		(5,002)		(15,387)
Net assets			303,768		231,056
Capital and reserves
Called up share capital			700,000		700,000
Other reserves			(500,000)		(500,000)
Profit and loss account			103,768		31,056
Shareholders' funds			303,768		231,056

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 September 2025, and are signed on its behalf by:

M. Joslin
Director
Registered Company No. 01649844

Marcus Limited

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that the future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Revenue from sale of goods

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that the future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Current taxation
	The tax expense for the period comprises corporation tax. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

	Tangible fixed assets and depreciation
	Tangible assets are initially recorded at cost, less any subsequent accumulated depreciation. Depreciation is calculated so as to write off the cost of an asset over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	10
	Vehicles	4
	Office Equipment	4

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price. Cost is determined using the first-in, first out (FIFO) method.

	Trade and other debtors
	Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	8		8

3.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 24	8,821	57,264	97,746	163,831
At 31 December 24	8,821	57,264	97,746	163,831
Depreciation and impairment
At 01 January 24	8,820	57,264	97,746	163,830
At 31 December 24	8,820	57,264	97,746	163,830
Net book value
At 31 December 24	1	-	-	1
At 31 December 23	1	-	-	1

4.	Stocks

	2024	2023
	£	£
Finished goods	10,895	24,876
Total	10,895	24,876

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	35,875	22,057
Bank borrowings and overdrafts	10,000	10,000
Amounts owed to related parties	23,664	13,384
Taxation and social security	59,543	69,693
Other creditors	22,817	62,191
Accrued liabilities and deferred income	3,714	3,000
Total	155,613	180,325

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	5,002	15,387
Total	5,002	15,387

7.	Related party transactions
	As at the balance sheet date the amount due to the pension scheme of one of the directors was £21,213 (2023 - £27,371). As at the balance sheet date the amount due to one of the directors was £23,664 (2023 - £13,384).