MAR Kilshaw Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11919185

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		151,450		176,480
Tangible Assets	5		7,789		6,825

			159,239		183,305
CURRENT ASSETS
Stocks	6	22,770		17,820
Debtors	7	122,623		104,846
Cash at bank and in hand		181,950		223,396

		327,343		346,062
Creditors: Amounts Falling Due Within One Year	8	(233,864 )		(250,340 )

NET CURRENT ASSETS (LIABILITIES)			93,479		95,722

TOTAL ASSETS LESS CURRENT LIABILITIES			252,718		279,027

Creditors: Amounts Falling Due After More Than One Year	9		(196,014 )		(233,347 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,481 )		(1,297 )

NET ASSETS			55,223		44,383

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			55,123		44,283

SHAREHOLDERS' FUNDS			55,223		44,383

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MAR Kilshaw Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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

Mrs C M Riley Director	Mr M A Riley Director
10 October 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

MAR Kilshaw Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11919185 . The registered office is 99 Stanley Road, Bootle, Liverpool, Merseyside, L20 7DA.

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. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. 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:

Fixtures & Fittings	10% straight line basis
Computer Equipment	20% straight line basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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MAR Kilshaw Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 11)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	216,357

As at 31 March 2025	216,357

Amortisation
As at 1 April 2024	39,877
Provided during the period	25,030

As at 31 March 2025	64,907

Net Book Value
As at 31 March 2025	151,450

As at 1 April 2024	176,480

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	4,702	4,055	8,757
Additions	157	2,636	2,793

As at 31 March 2025	4,859	6,691	11,550

Depreciation
As at 1 April 2024	500	1,432	1,932
Provided during the period	490	1,339	1,829

As at 31 March 2025	990	2,771	3,761

...CONTINUED

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MAR Kilshaw Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	3,869	3,920	7,789

As at 1 April 2024	4,202	2,623	6,825

6. Stocks

	2025	2024 as restated
	£	£
Work in progress	22,770	17,820

7. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	100,080	87,448
Other debtors	22,543	17,398

	122,623	104,846

8. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	13,615	21,356
Bank loans and overdrafts	9,929	9,929
Other loans	60,000	80,646
Other creditors	102,376	77,825
Taxation and social security	47,944	60,584

	233,864	250,340

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Bank loans	3,165	13,347
Other loans	92,849	120,000
Other creditors	100,000	100,000

	196,014	233,347

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MAR Kilshaw Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	100	100

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