REGISTERED NUMBER: 04684103 (England and Wales)

MARLDON LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Chambers

Mr K Whiley

Mr G Whiley

Mrs D Whiley

Mrs D Whiley

Mr V Whiley

Mr J Chambers

REGISTERED OFFICE:

172 Brierley Road

Walton Summit Centre

Preston

Lancashire

PR5 8AH

REGISTERED NUMBER:

04684103 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

FIXED ASSETS

Intangible assets

4

667

-

Tangible assets

5

208,383

222,216

Investments

6

1,600

1,600

210,650

223,816

CURRENT ASSETS

Stocks

611,167

870,777

Debtors

770,983

807,277

Cash at bank and in hand

352,253

499,173

1,734,403

2,177,227

CREDITORS

Amounts falling due within one year

901,669

1,140,177

NET CURRENT ASSETS

832,734

1,037,050

TOTAL ASSETS LESS CURRENT LIABILITIES

1,043,384

1,260,866

CREDITORS

Amounts falling due after more than one year

(75,026

)

(125,066

)

PROVISIONS FOR LIABILITIES

(52,096

)

(52,266

)

NET ASSETS

916,262

1,083,534

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

915,262

1,082,534

SHAREHOLDERS' FUNDS

916,262

1,083,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2025 and were signed on its behalf by:

Mr J Chambers - Director

1.	STATUTORY INFORMATION

Marldon Ltd 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Website development are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

524,654

Additions

1,000

At 31 December 2024

525,654

AMORTISATION

At 1 January 2024

524,654

Amortisation for year

333

At 31 December 2024

524,987

NET BOOK VALUE

At 31 December 2024

667

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

612,519

Additions

49,984

Disposals

(41,495

)

At 31 December 2024

621,008

DEPRECIATION

At 1 January 2024

390,303

Charge for year

53,970

Eliminated on disposal

(31,648

)

At 31 December 2024

412,625

NET BOOK VALUE

At 31 December 2024

208,383

At 31 December 2023

222,216

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2024

and 31 December 2024

1,600

NET BOOK VALUE

At 31 December 2024

1,600

At 31 December 2023

1,600

7.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2024

2023

£

£

Net obligations repayable:

Within one year

23,496

19,078

Between one and five years

43,026

45,066

66,522

64,144

Non-cancellable

operating leases

2024

2023

£

£

Within one year

126,063

126,063

Between one and five years

441,221

441,221

In more than five years

157,578

283,641

724,862

850,925

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

80,000

128,000

The Royal Bank of Scotland plc holds a debenture dated 13 May 2008 . Fixed and floating charges are held over the company's assets.

Hire purchase liabilities are secured against the asset to which they relate.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr G Whiley

Balance outstanding at start of year

10,000

-

Amounts advanced

9,560

10,000

Amounts repaid

(15,031

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,529

10,000

Mr J Chambers

Balance outstanding at start of year

-

-

Amounts advanced

4,278

-

Amounts repaid

(1,438

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,840

-

10.	RELATED PARTY DISCLOSURES

The company holds 80% of the share capital in Trekker Global Ltd. During the year, the company had purchases totalling £152,657 (2023: £nil) from Trekker Global Ltd and and made sales totalling £81,355 (2023: £51,949). At the year end the company was owed £303,782 (2023: £241,858) from Trekker Global Ltd.