REGISTERED NUMBER: 02669638 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Marten Walsh Cherer Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Bak

J Mandelbaum

SECRETARY:

Elemental Company Secretary Limited

REGISTERED OFFICE:

27 Old Gouuscester Street

London

WC1N 3AX

REGISTERED NUMBER:

02669638 (England and Wales)

AUDITORS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Intangible assets

4

-

508

Tangible assets

5

27,786

62,843

27,786

63,351

CURRENT ASSETS

Debtors

6

2,134,613

997,179

Cash at bank

560,711

342,705

2,695,324

1,339,884

CREDITORS

Amounts falling due within one year

7

2,040,825

1,142,051

NET CURRENT ASSETS

654,499

197,833

TOTAL ASSETS LESS CURRENT LIABILITIES

682,285

261,184

CAPITAL AND RESERVES

Called up share capital

8

23,808

23,808

Share premium

6,022

6,022

Capital redemption reserve

3,942

3,942

Retained earnings

648,513

227,412

SHAREHOLDERS' FUNDS

682,285

261,184

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 23 December 2025 and were signed on its behalf by:

A Bak - Director

1.	STATUTORY INFORMATION

Marten Walsh Cherer 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue

Revenue from a contract to provide services is recognised when all the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the economic benefits associated with the transaction will flow to the company;

- the costs incurred or to be incurred in respect of the transition can be measured reliably: and

- the stage of completion of the contract at the end of the reporting period can be measured reliably

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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:

Plant & Machinery

20% and 33% straight line

Fixtures & Fittings

20% straight line

Computer Equipment

20% and 33% straight line

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of

financial assets and liabilities like trade and other debtors and creditors, loans from banks and other

third parties, loans to related parties and investments in non-puttable ordinary shares.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the

effective interest method, less any impairment.

Cash at bank

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on

notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more

than three months from the date of acquisition and that are readily convertible to known amounts of cash

with insignificant risk of change in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

6,093

AMORTISATION

At 1 January 2024

5,585

Charge for year

508

At 31 December 2024

6,093

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

508

5.	TANGIBLE FIXED ASSETS

Plant and

Fixtures

machinery

& Fittings

Totals

£

£

£

COST

At 1 January 2024

323,033

30,500

353,533

Additions

3,060

-

3,060

At 31 December 2024

326,093

30,500

356,593

DEPRECIATION

At 1 January 2024

271,077

19,613

290,690

Charge for year

34,066

4,051

38,117

At 31 December 2024

305,143

23,664

328,807

NET BOOK VALUE

At 31 December 2024

20,950

6,836

27,786

At 31 December 2023

51,956

10,887

62,843

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,267,278

554,401

Amounts owed by group undertakings

623,574

-

Other debtors

-

4,307

Deferred tax asset

168,554

131,693

Prepayments and accrued income

75,207

306,778

2,134,613

997,179

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

56,051

57,165

Amounts owed to group undertakings

1,606,657

821,388

Social security and other taxes

80,467

48,288

VAT

186,169

130,962

Other creditors

74,878

39,745

Accruals and deferred income

36,603

44,503

2,040,825

1,142,051

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

23,808

Ordinary

1

23,808

23,808

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Melissa Bowers FCCA (Senior Statutory Auditor)

for and on behalf of Harts Limited

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Escribers Limited a company incorporated in UK.

The ultimate controlling party is US Courtscript Acquisition LP, a company incorporated in USA.