MARBLE & GRANITE (UK) SERVICES LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 07186719 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

MARBLE & GRANITE (UK) SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Vigolo

REGISTERED OFFICE:

20 Egerton Close

Pinner

HA5 2LP

REGISTERED NUMBER:

07186719 (England and Wales)

ACCOUNTANTS:

Soneji & Co Ltd

20 egerton Close,

Pinner

Middlesex

HA5 2LP

FIXED ASSETS

Tangible assets

4

267,363

326,491

CURRENT ASSETS

Stocks

425,000

405,700

Debtors

5

1,246,707

348,414

Cash at bank

510,303

1,391,251

2,182,010

2,145,365

CREDITORS

Amounts falling due within one year

6

178,665

170,291

NET CURRENT ASSETS

2,003,345

1,975,074

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,270,708

2,301,565

PROVISIONS FOR LIABILITIES

49,302

NET ASSETS

2,221,406

2,252,263

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

2,221,306

2,252,163

SHAREHOLDERS' FUNDS

2,221,406

2,252,263

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 director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

A Vigolo - Director

1.	STATUTORY INFORMATION

MARBLE & GRANITE (UK) SERVICES 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.

Turnover

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

Tangible fixed assets

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

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.

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 7 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

COST

At 1 January 2024

35,000

455,089

59,860

Additions

-

Disposals

-

(92,600

)

-

At 31 December 2024

35,000

362,489

59,860

DEPRECIATION

At 1 January 2024

-

237,677

14,884

Charge for year

-

30,612

6,172

Eliminated on disposal

-

(77,104

)

-

At 31 December 2024

-

191,185

21,056

NET BOOK VALUE

At 31 December 2024

35,000

171,304

38,804

At 31 December 2023

35,000

217,412

44,976

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2024

76,959

5,017

631,925

Additions

-

847

Disposals

-

(92,600

)

At 31 December 2024

76,959

5,864

540,172

DEPRECIATION

At 1 January 2024

50,346

2,527

305,434

Charge for year

6,653

1,042

44,479

Eliminated on disposal

-

(77,104

)

At 31 December 2024

56,999

3,569

272,809

NET BOOK VALUE

At 31 December 2024

19,960

2,295

267,363

At 31 December 2023

26,613

2,490

326,491

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

540,021

348,414

Amounts owed by group undertakings

595,000

-

Other debtors

111,686

-

1,246,707

348,414

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

114,380

93,321

Taxation and social security

59,149

67,289

Other creditors

5,136

9,681

178,665

170,291

7.	RELATED PARTY DISCLOSURES

The company was under the control of Mr A Vigolo throughout the current and previous year. Mr Vigolo is the managing director and only shareholder.

During the year company paid a rent of £70,000 (2023- £48,000) and dividend of £88,000 (2023- £74,500) to Mr. Vigolo.

The company has given interest free loan of £595,000 to Marble & Granite Investments Ltd, a company under the same management of the director.

No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.