| Lower Marsh Market Limited |
| Registered Number:08239606 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Lower Marsh Market Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Lower Marsh Market Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
5,563
2,693
2
5,563
2,693
| Trade and other receivables |
1,728
11,520
3
200,448
| Cash and cash equivalents |
194,218
205,738
202,176
| Trade and other payables: amounts falling due within one |
| year |
(86,341)
(55,219)
4
115,835
150,519
Net current assets
| Total assets less current liabilities |
156,082
118,528
156,082
Net assets
118,528
156,082
118,528
156,082
118,528
Members' Funds
| For the year ended 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 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Michael Johnson (Chair) Director |
| These financial statements were approved and authorised for issue by the Board on 15 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Lower Marsh Market Limited
Notes to the Financial Statements
Statutory Information
| Lower Marsh Market Limited is a private limited company, limited by guarantee, domiciled in England and Wales, |
| registration number 08239606. |
Build Studios
203 Westminster Bridge Road
London
SE1 7FR
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
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. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2025
Lower Marsh Market Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
23,189
2,485
20,704
5,982
-
5,982
26,686
2,485
29,171
| Provision for depreciation and impairment |
20,496
2,485
18,011
Charge for year
3,112
-
3,112
23,608
2,485
21,123
5,563
-
5,563
2,693
-
2,693
| 3. Trade and other receivables |
2024
2025
1,472
1,380
| Amounts owed by group undertakings and participating interests |
7,150
-
2,898
348
1,728
11,520
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
2,911
9,563
| Taxation and social security |
7,571
5,572
44,737
71,206
55,219
86,341
| 5. Related party transactions |
| Two of Lower Marsh Market Limited's Directors are also Directors of WeAreWaterloo Limited. |
| During the year WeAreWaterloo Limited charged a management fee of £30,000 (2024 £24,000) inclusive of VAT and |
| at the balance sheet date the amounts due to WeAreWaterloo Limited were nil (2024 £8,060) and from |
| WeAreWaterloo were £7,150 (2024 nil). |
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For the year ended 31 March 2025
Lower Marsh Market Limited
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 6 (2024 : 9)
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