Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13073102 Mr Edward Watt Mr Darren Haskell-Thomas Mr Robert Parry Mrs Emily Rose Perez-Fragero iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13073102 2023-12-31 13073102 2024-12-31 13073102 2024-01-01 2024-12-31 13073102 frs-core:CurrentFinancialInstruments 2024-12-31 13073102 frs-core:Non-currentFinancialInstruments 2024-12-31 13073102 frs-core:BetweenOneFiveYears 2024-12-31 13073102 frs-core:ComputerEquipment 2024-12-31 13073102 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13073102 frs-core:ComputerEquipment 2023-12-31 13073102 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13073102 frs-core:NetGoodwill 2024-12-31 13073102 frs-core:NetGoodwill 2024-01-01 2024-12-31 13073102 frs-core:NetGoodwill 2023-12-31 13073102 frs-core:OtherResidualIntangibleAssets 2024-12-31 13073102 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13073102 frs-core:OtherResidualIntangibleAssets 2023-12-31 13073102 frs-core:PlantMachinery 2024-12-31 13073102 frs-core:PlantMachinery 2024-01-01 2024-12-31 13073102 frs-core:PlantMachinery 2023-12-31 13073102 frs-core:WithinOneYear 2024-12-31 13073102 frs-core:ShareCapital 2024-12-31 13073102 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13073102 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13073102 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13073102 frs-bus:SmallEntities 2024-01-01 2024-12-31 13073102 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13073102 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13073102 frs-bus:Director1 2024-01-01 2024-12-31 13073102 frs-bus:Director1 2023-12-31 13073102 frs-bus:Director1 2024-12-31 13073102 frs-bus:Director2 2024-01-01 2024-12-31 13073102 frs-bus:Director2 2023-12-31 13073102 frs-bus:Director2 2024-12-31 13073102 frs-bus:Director3 2024-01-01 2024-12-31 13073102 frs-bus:Director3 2023-12-31 13073102 frs-bus:Director3 2024-12-31 13073102 frs-bus:Director4 2024-01-01 2024-12-31 13073102 frs-bus:Director4 2023-12-31 13073102 frs-bus:Director4 2024-12-31 13073102 frs-countries:EnglandWales 2024-01-01 2024-12-31 13073102 2022-12-31 13073102 2023-12-31 13073102 2023-01-01 2023-12-31 13073102 frs-core:CurrentFinancialInstruments 2023-12-31 13073102 frs-core:Non-currentFinancialInstruments 2023-12-31 13073102 frs-core:BetweenOneFiveYears 2023-12-31 13073102 frs-core:WithinOneYear 2023-12-31 13073102 frs-core:ShareCapital 2023-12-31 13073102 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13073102 frs-core:CurrentFinancialInstruments 3 2023-12-31
Registered number: 13073102
Marble Endeavour Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Marble Endeavour Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13073102
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 49,508 61,705
Tangible Assets 5 19,859 21,890
69,367 83,595
CURRENT ASSETS
Debtors 6 3,115,483 1,582,342
Cash at bank and in hand - 106,189
3,115,483 1,688,531
Creditors: Amounts Falling Due Within One Year 7 (2,779,122 ) (1,682,234 )
NET CURRENT ASSETS (LIABILITIES) 336,361 6,297
TOTAL ASSETS LESS CURRENT LIABILITIES 405,728 89,892
Creditors: Amounts Falling Due After More Than One Year 8 (353,607 ) -
NET ASSETS 52,121 89,892
CAPITAL AND RESERVES
Called up share capital 9 50,200 50,200
Profit and Loss Account 1,921 39,692
SHAREHOLDERS' FUNDS 52,121 89,892
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For the year ending 31 December 2024 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Watt
Director
29/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Marble Endeavour Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13073102 . The registered office is 2nd Floor, 17-19 Foley Street, London, W1W 6DW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the amount invoiced.  Costs are then recognised on the basis of amount invoiced resulting in a reliable and accurate  gross profit. 
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life,  which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class   
Goodwill                                                       
Amortisation method and rate
10% Straight line method
2.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.  Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% SL Method
Computer Equipment 25% SL Method
2.7. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.8. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.9. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.10. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 33 (2023: 32)
33 32
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 30,000 45,989 75,989
As at 31 December 2024 30,000 45,989 75,989
Amortisation
As at 1 January 2024 8,500 5,784 14,284
Provided during the period 3,000 9,197 12,197
As at 31 December 2024 11,500 14,981 26,481
Net Book Value
As at 31 December 2024 18,500 31,008 49,508
As at 1 January 2024 21,500 40,205 61,705
The Other Intangible Fixed Asset is made up of a new Website completed during 2023.
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5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 January 2024 20,000 29,744 49,744
Additions - 8,383 8,383
As at 31 December 2024 20,000 38,127 58,127
Depreciation
As at 1 January 2024 18,700 9,154 27,854
Provided during the period 1,300 9,114 10,414
As at 31 December 2024 20,000 18,268 38,268
Net Book Value
As at 31 December 2024 - 19,859 19,859
As at 1 January 2024 1,300 20,590 21,890
Included in Computer Equipment is also Office Furniture
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,194,982 420,198
Prepayments and accrued income 77,300 477,863
Other debtors 15,679 80,278
Corporation tax recoverable assets - 28,604
Directors' loan accounts 332,715 114,667
Amounts owed by group undertakings 456,858 443,296
Amounts owed by related parties 21,207 17,436
3,098,741 1,582,342
Due after more than one year
Corporation tax recoverable assets 16,742 -
3,115,483 1,582,342
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 653,888 387,595
Bank loans and overdrafts 2,182 -
Other loans 101,878 -
Corporation tax 80,922 -
Other taxes and social security 778,749 731,115
Other creditors 9,234 42,998
Invoice discounting - 3,875
Accruals and deferred income 1,074,476 463,738
Amounts owed to related parties 77,793 52,913
2,779,122 1,682,234
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The company received a loan for £425,000 in December 2024 on a secured basis plus £30,485 of arrangement and legal fees  The loan is repayable in monthly instalments over 42 months with an effetcive interest rate of 1.75%.  There is £101,878 due within 12 months.
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 353,607 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50,200 50,200
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 127,617 -
Later than one year and not later than five years 442,406 -
570,023 -
The company entered into an operating lease on 3rd July 2024 for its new offices at the current address.  The lease signed was for five years with a break clause entered into after three years.  The total commitment for the five years was £646,594 with £76,570 being paid in 2024.
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Edward Watt 32,480 112,517 36,540 - 108,458
Mr Darren Haskell-Thomas 35,770 75,487 7,402 - 103,855
Mr Robert Parry 13,870 73,434 29,649 - 57,655
Mrs Emily Rose Perez-Fragero 32,547 56,551 26,351 - 62,748
The above loans are unsecured, interest free and repayable on demand. In the 9 months after the year end,  £280,361 was repaid via dividends reducing the loan accounts to a total of £52,354.
12. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 87,762 497,404
13. Parent and ultimate parent undertaking
The company's immediate parent is Marble Communications Group Limited,  incorporated in England.
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