REGISTERED NUMBER: 04788824 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MARLBOROUGH FURNITURE SURFACES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Oxborough

Mrs E A Oxborough

J Oxborough

REGISTERED OFFICE:

18 Riley Close

Royal Oak Industrial Estate

Daventry

Northamptonshire

NN11 8QT

REGISTERED NUMBER:

04788824 (England and Wales)

BANKERS:

HSBC

29 Bowen Square

Daventry

Northamptonshire

NN11 4ER

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

121,118

208,404

121,118

208,404

CURRENT ASSETS

Stocks

591,320

727,942

Debtors

6

1,970,274

1,010,464

Cash at bank

335,294

632,793

2,896,888

2,371,199

CREDITORS

Amounts falling due within one year

7

501,209

370,889

NET CURRENT ASSETS

2,395,679

2,000,310

TOTAL ASSETS LESS CURRENT LIABILITIES

2,516,797

2,208,714

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

2,516,794

2,208,711

SHAREHOLDERS' FUNDS

2,516,797

2,208,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 10 October 2025 and were signed on its behalf by:

M Oxborough - Director

1.	STATUTORY INFORMATION

Marlborough Furniture Surfaces Limited 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 presented in sterling which is the functional currency of the company and is rounded to the nearest £1.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the value of sales (excluding value added tax) of goods and services provided in the normal course of business.

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.

Improvements to properties

-

nil

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance and Straight line over 3 years

Motor vehicles

-

25% on reducing balance

Stocks

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

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

125,000

AMORTISATION

At 1 April 2024

and 31 March 2025

125,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

properties

machinery

fittings

£

£

£

COST

At 1 April 2024

20,600

225,333

25,225

Disposals

(20,600

)

(8,520

)

(2,172

)

At 31 March 2025

-

216,813

23,053

DEPRECIATION

At 1 April 2024

-

65,154

24,927

Charge for year

-

40,029

76

Eliminated on disposal

-

(8,456

)

(2,172

)

At 31 March 2025

-

96,727

22,831

NET BOOK VALUE

At 31 March 2025

-

120,086

222

At 31 March 2024

20,600

160,179

298

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

98,757

-

369,915

Disposals

(84,386

)

(1,974

)

(117,652

)

At 31 March 2025

14,371

(1,974

)

252,263

DEPRECIATION

At 1 April 2024

71,430

-

161,511

Charge for year

270

-

40,375

Eliminated on disposal

(58,139

)

(1,974

)

(70,741

)

At 31 March 2025

13,561

(1,974

)

131,145

NET BOOK VALUE

At 31 March 2025

810

-

121,118

At 31 March 2024

27,327

-

208,404

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

691,028

611,419

Amounts owed by group undertakings

1,259,148

384,184

Other debtors

20,098

14,861

1,970,274

1,010,464

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

168,360

39,758

Taxation and social security

327,003

325,625

Other creditors

5,846

5,506

501,209

370,889

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary B

£1

1

1

2

Ordinary A

£1

2

2

3

3

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for the directors and employees. At the balance sheet date, unpaid contributions of £992 (2024 - £1,136) were due to the fund. They are included in other creditors.

10.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.