Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11295965 H M Meade R S Meade iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11295965 2024-03-31 11295965 2025-03-31 11295965 2024-04-01 2025-03-31 11295965 frs-core:CurrentFinancialInstruments 2025-03-31 11295965 frs-core:Non-currentFinancialInstruments 2025-03-31 11295965 frs-core:MotorVehicles 2025-03-31 11295965 frs-core:MotorVehicles 2024-04-01 2025-03-31 11295965 frs-core:MotorVehicles 2024-03-31 11295965 frs-core:PlantMachinery 2025-03-31 11295965 frs-core:PlantMachinery 2024-04-01 2025-03-31 11295965 frs-core:PlantMachinery 2024-03-31 11295965 frs-core:ShareCapital 2025-03-31 11295965 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11295965 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11295965 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11295965 frs-bus:SmallEntities 2024-04-01 2025-03-31 11295965 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11295965 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11295965 frs-bus:Director1 2024-04-01 2025-03-31 11295965 frs-bus:Director2 2024-04-01 2025-03-31 11295965 frs-countries:EnglandWales 2024-04-01 2025-03-31 11295965 2023-03-31 11295965 2024-03-31 11295965 2023-04-01 2024-03-31 11295965 frs-core:CurrentFinancialInstruments 2024-03-31 11295965 frs-core:Non-currentFinancialInstruments 2024-03-31 11295965 frs-core:ShareCapital 2024-03-31 11295965 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11295965
Marketing & Travel Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11295965
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 430,000 418,500
430,000 418,500
CURRENT ASSETS
Debtors 5 62,300 29,169
Cash at bank and in hand 20,598 52,176
82,898 81,345
Creditors: Amounts Falling Due Within One Year 6 (19,685 ) (13,814 )
NET CURRENT ASSETS (LIABILITIES) 63,213 67,531
TOTAL ASSETS LESS CURRENT LIABILITIES 493,213 486,031
Creditors: Amounts Falling Due After More Than One Year 7 (126,647 ) (152,188 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,500 ) (56,325 )
NET ASSETS 304,066 277,518
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 303,966 277,418
SHAREHOLDERS' FUNDS 304,066 277,518
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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
R S Meade
Director
28 November 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Marketing & Travel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11295965 . The registered office is Church Farm, West Littleton, Chippenham, SN14 8JB.
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.
2.3. 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:
Equipment 10% on reducing balance
Horsebox 25% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Equipment Horsebox Total
£ £ £
Cost
As at 1 April 2024 337,278 193,985 531,263
Additions 87,238 - 87,238
As at 31 March 2025 424,516 193,985 618,501
Depreciation
As at 1 April 2024 57,278 55,485 112,763
Provided during the period 37,238 38,500 75,738
As at 31 March 2025 94,516 93,985 188,501
Net Book Value
As at 31 March 2025 330,000 100,000 430,000
As at 1 April 2024 280,000 138,500 418,500
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 8,910 17,979
Other debtors and prepayments 50,250 11,190
VAT 3,140 -
62,300 29,169
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security - 2,020
Sundry creditors and accruals 19,685 11,794
19,685 13,814
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Directors loan account 126,647 152,188
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The company is controlled by H M Meade and Mrs R S Meade. At the end of the year the directors are owed £126,647 (2024: £152,188).
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