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Registered number: 09418526
Marten Group Ltd
Unaudited Financial Statements
For The Year Ended 5 April 2025
TaxAssist Accountants
Chartered Accountants
714 London Road
Larkfield
KENT
ME20 6BL
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09418526
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,838 13,606
7,838 13,606
CURRENT ASSETS
Stocks 5 60,000 60,000
Debtors 6 26,507 41,670
Cash at bank and in hand 6,514 14,538
93,021 116,208
Creditors: Amounts Falling Due Within One Year 7 (52,256 ) (49,500 )
NET CURRENT ASSETS (LIABILITIES) 40,765 66,708
TOTAL ASSETS LESS CURRENT LIABILITIES 48,603 80,314
Creditors: Amounts Falling Due After More Than One Year 8 (1,731 ) (12,135 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,228 ) (2,308 )
NET ASSETS 45,644 65,871
CAPITAL AND RESERVES
Called up share capital 9 1 1
Income Statement 45,643 65,870
SHAREHOLDERS' FUNDS 45,644 65,871
Page 1
Page 2
For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Income Statement.
On behalf of the board
Paul Comber
Director
17th December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Marten Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09418526 . The registered office is Unit 13b Hill Park Farm, Wrotham Hill Road, Wrotham, KENT, TN15 7QA.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery 25% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.5. 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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 6 April 2024 24,238 8,062 2,008 34,308
Additions 787 196 - 983
As at 5 April 2025 25,025 8,258 2,008 35,291
Depreciation
As at 6 April 2024 11,938 8,062 702 20,702
Provided during the period 6,256 64 431 6,751
As at 5 April 2025 18,194 8,126 1,133 27,453
Net Book Value
As at 5 April 2025 6,831 132 875 7,838
As at 6 April 2024 12,300 - 1,306 13,606
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5. Stocks
2025 2024
£ £
Finished goods 60,000 60,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 20,516 40,276
Prepayments and accrued income 1,200 -
Other debtors 1,152 1,152
Corporation tax recoverable assets 3,639 242
26,507 41,670
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (80 ) (190 )
Bank loans and overdrafts 10,404 10,199
Corporation tax - 5,665
Other taxes and social security 809 -
VAT 18,993 11,740
Other creditors 5,192 5,192
Amazon creditor 54 54
Paypal 4,531 4,531
Accruals and deferred income 740 696
Director's loan account 11,613 11,613
52,256 49,500
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,731 12,135
The company has a Bounce Back loan with a term of 6 years at an interest rate at 2.5%.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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