Marlowe Digital Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 03075170 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MARLOWE DIGITAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTOR:

Mr D R Eliot

REGISTERED OFFICE:

Unit 20 Abbots Business Park

Primrose Hill

Abbots Langley

Hertfordshire

WD4 8FR

REGISTERED NUMBER:

03075170 (England and Wales)

ACCOUNTANTS:

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

86,660

157,929

86,660

157,929

CURRENT ASSETS

Stocks

6

298,962

31,015

Debtors

7

435,453

285,913

Cash at bank and in hand

1,320,837

1,221,192

2,055,252

1,538,120

CREDITORS

Amounts falling due within one year

8

527,224

302,824

NET CURRENT ASSETS

1,528,028

1,235,296

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,614,688

1,393,225

CAPITAL AND RESERVES

Called up share capital

10,020

Share premium

58,500

Retained earnings

1,546,168

1,324,705

SHAREHOLDERS' FUNDS

1,614,688

1,393,225

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 28 September 2025 and were signed by:

Mr D R Eliot - Director

1.	STATUTORY INFORMATION

Marlowe Digital 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.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated 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.

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 cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

33% on 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 22 (2023 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

333,638

AMORTISATION

At 1 January 2024

and 31 December 2024

333,638

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 January 2024

9,359

53,685

223,301

286,345

Additions

10,741

-

10,741

Disposals

(5,065

)

-

(91,880

)

(96,945

)

At 31 December 2024

15,035

53,685

131,421

200,141

DEPRECIATION

At 1 January 2024

5,667

33,263

89,486

128,416

Charge for year

2,025

3,484

71,000

76,509

Eliminated on disposal

(4,303

)

-

(87,141

)

(91,444

)

At 31 December 2024

3,389

36,747

73,345

113,481

NET BOOK VALUE

At 31 December 2024

11,646

16,938

58,076

86,660

At 31 December 2023

3,692

20,422

133,815

157,929

6.

STOCKS

31.12.24

31.12.23

£

Stocks

298,962

31,015

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

267,754

164,450

Amounts owed by group undertakings

63,694

Other debtors

60,562

23,510

Prepayments

43,443

34,259

435,453

285,913

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

196,719

85,326

Taxation

125,770

68,003

Social security and other taxes

20,075

20,140

Value added tax

86,912

58,677

Other creditors

42,531

27,470

Directors' current accounts

28,160

-

Deferred income

27,057

13,308

Accruals

-

29,900

527,224

302,824

9.	RELATED PARTY DISCLOSURES

The company made no loans to Marlowe Graphic Holdings Limited, the parent undertaking and received no loans from Marlowe Graphic Holdings Limited. The balance owed by Marlowe Graphic Holdings Limited as at 31 December 2024 amounted to £63,309 (2023: £63,309).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marlowe Digital Ltd for the year ended 31 December 2024 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Marlowe Digital Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marlowe Digital Ltd and state those matters that we have agreed to state to the director of Marlowe Digital Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Marlowe Digital Ltd 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 Marlowe Digital Ltd. You consider that Marlowe Digital Ltd 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 Marlowe Digital Ltd. 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 financial statements.

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

28 September 2025