General Information
MARSHES CPA LLP is a limited liability partnership, registered in England and Wales, registration number OC335445, registration address Interzone House, 74-77 Magdalen Road, Oxford, OX4 1RE.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Tangible fixed assets
Tangible fixed assets, 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:
| Computer Equipment |
5 Years Straight Line
|
| Plant and Machinery |
5 Years Straight Line
|
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2024 |
- |
|
- |
|
- |
| Additions |
435 |
|
6,651 |
|
7,086 |
| Disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
435 |
|
6,651 |
|
7,086 |
| Depreciation |
| At 01 April 2024 |
181 |
|
5,035 |
|
5,216 |
| Charge for year |
87 |
|
547 |
|
634 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
268 |
|
5,582 |
|
5,850 |
| Net book values |
| Closing balance as at 31 March 2025 |
167 |
|
1,069 |
|
1,236 |
| Opening balance as at 01 April 2024 |
254 |
|
1,616 |
|
1,870 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
(210) |
|
2,066 |
| Prepayments & Accrued Income |
0 |
|
460 |
| Other Debtors |
0 |
|
0 |
|
(210) |
|
2,526 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
918 |
|
4,775 |
| Bank Loans & Overdrafts |
2,500 |
|
3,589 |
| Accrued Expenses |
2,977 |
|
0 |
| Other Creditors |
138 |
|
102 |
| VAT |
2,258 |
|
2,502 |
|
8,791 |
|
10,968 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
9,265 |
|
11,252 |
|
9,265 |
|
11,252 |
|
2
|