IRIS Accounts Production v25.3.0.601 10716912 Board of Directors Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10716912 2024-04-30 10716912 2025-04-30 10716912 2024-05-01 2025-04-30 10716912 2023-04-30 10716912 2023-05-01 2024-04-30 10716912 2024-04-30 10716912 ns15:EnglandWales 2024-05-01 2025-04-30 10716912 ns14:PoundSterling 2024-05-01 2025-04-30 10716912 ns10:Director1 2024-05-01 2025-04-30 10716912 ns10:Director2 2024-05-01 2025-04-30 10716912 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10716912 ns10:SmallEntities 2024-05-01 2025-04-30 10716912 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10716912 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 10716912 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10716912 ns10:FullAccounts 2024-05-01 2025-04-30 10716912 ns10:RegisteredOffice 2024-05-01 2025-04-30 10716912 ns5:CurrentFinancialInstruments 2025-04-30 10716912 ns5:CurrentFinancialInstruments 2024-04-30 10716912 ns5:Non-currentFinancialInstruments 2025-04-30 10716912 ns5:Non-currentFinancialInstruments 2024-04-30 10716912 ns5:ShareCapital 2025-04-30 10716912 ns5:ShareCapital 2024-04-30 10716912 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 10716912 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 10716912 ns5:PlantMachinery 2024-05-01 2025-04-30 10716912 ns5:PlantMachinery 2024-04-30 10716912 ns5:FurnitureFittings 2024-04-30 10716912 ns5:MotorVehicles 2024-04-30 10716912 ns5:ComputerEquipment 2024-04-30 10716912 ns5:FurnitureFittings 2024-05-01 2025-04-30 10716912 ns5:MotorVehicles 2024-05-01 2025-04-30 10716912 ns5:ComputerEquipment 2024-05-01 2025-04-30 10716912 ns5:PlantMachinery 2025-04-30 10716912 ns5:FurnitureFittings 2025-04-30 10716912 ns5:MotorVehicles 2025-04-30 10716912 ns5:ComputerEquipment 2025-04-30 10716912 ns5:PlantMachinery 2024-04-30 10716912 ns5:FurnitureFittings 2024-04-30 10716912 ns5:MotorVehicles 2024-04-30 10716912 ns5:ComputerEquipment 2024-04-30 10716912 ns5:AdditionsToInvestments 2025-04-30 10716912 ns5:CostValuation 2025-04-30 10716912 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 10716912 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30 10716912 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-04-30 10716912 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-04-30 10716912 ns5:Secured 2025-04-30 10716912 ns5:Secured 2024-04-30

REGISTERED NUMBER: 10716912 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| for |

| Marshaw Developments Limited |

| Marshaw Developments Limited (Registered number: 10716912) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Marshaw Developments Limited |

Company Information

for the Year Ended 30 April 2025

| DIRECTORS: | Mr M Drinkall

| Ms K P Holden

| REGISTERED OFFICE: | 316 Blackpool Road Fulwood

| Preston

| Lancashire

| PR2 3AE

| REGISTERED NUMBER: | 10716912 (England and Wales)

| ACCOUNTANTS: | McDade Roberts Accountants Limited

| Chartered Accountants

| 316 Blackpool Road

| Fulwood

| Preston

| Lancashire

| PR2 3AE

| Marshaw Developments Limited (Registered number: 10716912) |

Statement of Financial Position

30 April 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 39,581 |  | 53,097 |  |

Investments | 5 | 100 |  | - |  |

39,681 |  | 53,097 |  |

CURRENT ASSETS

Stocks | 5,346,118 |  | 4,439,632 |  |

Debtors | 6 | 150,673 |  | 175,346 |  |

Cash at bank | 446 |  | 34,851 |  |

5,497,237 |  | 4,649,829 |  |

CREDITORS

Amounts falling due within one year | 7 | 5,623,292 |  | 4,681,358 |  |

NET CURRENT LIABILITIES | (126,055 | ) | (31,529 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (86,374 | ) | 21,568 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 38,346 |  | 48,860 |  |

NET LIABILITIES | (124,720 | ) | (27,292 | ) |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | (124,920 | ) | (27,492 | ) |

(124,720 | ) | (27,292 | ) |

| Marshaw Developments Limited (Registered number: 10716912) |

Statement of Financial Position - continued

30 April 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 30 October 2025 and were signed on its behalf by:

Mr M Drinkall - Director

Ms K P Holden - Director

| Marshaw Developments Limited (Registered number: 10716912) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Marshaw Developments 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.

| Going concern

| At the balance sheet date the company had net liabilities of £124,720 (2024: net liabilities of £27,272). The directors continue to assess the position and prospects for the company based on its land bank and ongoing developments.

| The second biggest creditor at the year end was monies owed to a director and she has confirmed that she is committed to ensuring that the company can continue to meet its liabilities as they fall due. External funding is secured as required, with appropriate finance partners.

| For these reasons the directors are satisfied that the going concern basis of preparing the accounts is appropriate.

| Turnover

| Turnover us recognised when the performance obligation associated with the sale is completed. The sales price comprises the fair value of the consideration received or receivable, net of VAT, rebates and discounts.

| Housing and land sales are recognised as sales when control in transferred to the customer. This is when title of the property passes on legal completion.

| 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 etc | - | 20% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks and work in progress

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Costs include land purchases which are recognised in work in progress at cost when the significant risks and rewards of ownership have been transferred to the company. Other costs included in work in progress include direct materials, direct labour and overheads that have been incurred in bringing the land and developments to the present location and condition. Where appropriate specific project development finance costs are also included in work in progress valuations.

| Marshaw Developments Limited (Registered number: 10716912) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 May 2024 | 30,478 |  | 1,000 |  | 51,210 |  | 1,840 |  | 84,528 |  |

| Additions | - |  | 98 |  | - |  | - |  | 98 |  |

| At 30 April 2025 | 30,478 |  | 1,098 |  | 51,210 |  | 1,840 |  | 84,626 |  |

| DEPRECIATION

| At 1 May 2024 | 6,471 |  | 1,000 |  | 23,054 |  | 906 |  | 31,431 |  |

| Charge for year | 6,095 |  | 20 |  | 7,039 |  | 460 |  | 13,614 |  |

| At 30 April 2025 | 12,566 |  | 1,020 |  | 30,093 |  | 1,366 |  | 45,045 |  |

| NET BOOK VALUE

| At 30 April 2025 | 17,912 |  | 78 |  | 21,117 |  | 474 |  | 39,581 |  |

| At 30 April 2024 | 24,007 |  | - |  | 28,156 |  | 934 |  | 53,097 |  |

| Marshaw Developments Limited (Registered number: 10716912) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 100 |  |

| At 30 April 2025 | 100 |  |

| NET BOOK VALUE

| At 30 April 2025 | 100 |  |

6. | DEBTORS

| 30.4.25 |  | 30.4.24

£ | £ |

| Amounts falling due within one year:

| Inter Company | 99,555 |  | 126,675 |  |

| VAT | 4,452 |  | 37,225 |  |

| Prepayments | 4,640 |  | 4,726 |  |

108,647 |  | 168,626 |  |

| Amounts falling due after more than one year:

| Deferred tax | 42,026 |  | 6,720 |  |

| Aggregate amounts | 150,673 |  | 175,346 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Other loans | 5,556 |  | 5,556 |  |

| PMJ Capital-Loan | 4,557,210 |  | 3,673,249 |  |

| Hire purchase contracts | 5,039 |  | 5,039 |  |

| Trade creditors | 152,170 |  | 135,158 |  |

| Tax | - |  | 150 |  |

| Wages creditor | 1,048 |  | 1,194 |  |

| Other creditors | 13,050 |  | - |  |

| Credit Card | 27,012 |  | 8,243 |  |

| PAYE Payable | 40 |  | 70 |  |

| Directors' loan accounts | 860,517 |  | 851,444 |  |

| Accrued expenses | 1,650 |  | 1,255 |  |

5,623,292 |  | 4,681,358 |  |

| Marshaw Developments Limited (Registered number: 10716912) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Other loans - 1-2 years | 5,556 |  | 5,556 |  |

| Other loans - 2-5 years | 17,593 |  | 23,148 |  |

| Hire purchase contracts | 15,117 |  | 20,156 |  |

| Interco - Country Lettings Ltd | 80 |  | - |  |

38,346 |  | 48,860 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.4.25 |  | 30.4.24

£ | £ |

| Bounce Back Loan Scheme | 28,704 |  | 34,259 |  |

| PMJ Capital Loan | 4,557,210 |  | 3,673,249 |  |

4,585,914 |  | 3,707,508 |  |

| The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from Barclays Bank PLC in the year.