Company Registration No. 10683623 (England and Wales)
Martin FM Solutions Ltd
Unaudited accounts
for the year ended 31 March 2025
Martin FM Solutions Ltd
Unaudited accounts
Contents
Martin FM Solutions Ltd
Company Information
for the year ended 31 March 2025
Company Number
10683623 (England and Wales)
Registered Office
75 Peartree Lane
Doddinghurst
Brentwood
Essex
CM15 0RJ
Accountants
Beckett Taylor Limited
63-66 Hatton Garden
London
EC1N 8LE
Martin FM Solutions Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
148,706
165,811
Cash at bank and in hand
74,045
43,155
Creditors: amounts falling due within one year
(241,253)
(162,646)
Net current assets
27,570
91,466
Total assets less current liabilities
176,276
257,277
Creditors: amounts falling due after more than one year
(74,082)
(117,009)
Provisions for liabilities
Deferred tax
(28,254)
(32,218)
Called up share capital
2
2
Profit and loss account
73,938
108,048
Shareholders' funds
73,940
108,050
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2025 and were signed on its behalf by
Mr D Martin
Director
Company Registration No. 10683623
Martin FM Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
Martin FM Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10683623. The registered office is 75 Peartree Lane, Doddinghurst, Brentwood, Essex, CM15 0RJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Martin FM Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
13,034
204,143
4,085
7,449
228,711
At 31 March 2025
13,342
204,143
4,427
7,449
229,361
At 1 April 2024
7,166
51,096
1,737
2,901
62,900
Charge for the year
1,456
15,052
504
743
17,755
At 31 March 2025
8,622
66,148
2,241
3,644
80,655
At 31 March 2025
4,720
137,995
2,186
3,805
148,706
At 31 March 2024
5,868
153,047
2,348
4,548
165,811
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
-
148,689
Amounts falling due within one year
Trade debtors
192,562
167,161
Accrued income and prepayments
-
40,000
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
32,927
32,927
Trade creditors
64,844
31,852
Taxes and social security
12,794
2,098
Other creditors
43,059
46,146
Loans from directors
29,558
23,006
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
72,415
105,342
Martin FM Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
As at the balance sheet the director had a loan with the company in the sum of £NIL (2023: £20,633), which was paid back within nine months of the balance sheet date.
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).