REGISTERED NUMBER: 03740175 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Mara Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Richefond

M Bishop

T L King

REGISTERED OFFICE:

Harmile House

54 St. Mary's Lane

Upminster

Essex

RM14 2QT

REGISTERED NUMBER:

03740175 (England and Wales)

FIXED ASSETS

Intangible assets

4

2

2

Tangible assets

5

1,933

3,351

Investments

6

14,872

14,872

16,807

18,225

CURRENT ASSETS

Stocks

110,000

110,000

Debtors

7

520,578

582,289

Cash at bank and in hand

27,543

21,033

658,121

713,322

CREDITORS

Amounts falling due within one year

8

457,487

532,708

NET CURRENT ASSETS

200,634

180,614

TOTAL ASSETS LESS CURRENT LIABILITIES

217,441

198,839

CREDITORS

Amounts falling due after more than one year

9

(49,773

)

(12,619

)

PROVISIONS FOR LIABILITIES

(367

)

(637

)

NET ASSETS

167,301

185,583

CAPITAL AND RESERVES

Called up share capital

11

900

900

Share premium

25,900

25,900

Retained earnings

140,501

158,783

SHAREHOLDERS' FUNDS

167,301

185,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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 Sections 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.

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 31 December 2025 and were signed on its behalf by:

J Richefond - Director

1.	STATUTORY INFORMATION

Mara Services 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of two years.

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.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 108 (2024 - 89 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2

NET BOOK VALUE

At 31 March 2025

2

At 31 March 2024

2

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

21,922

Additions

158

At 31 March 2025

22,080

DEPRECIATION

At 1 April 2024

18,571

Charge for year

1,576

At 31 March 2025

20,147

NET BOOK VALUE

At 31 March 2025

1,933

At 31 March 2024

3,351

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

14,872

NET BOOK VALUE

At 31 March 2025

14,872

At 31 March 2024

14,872

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

203,423

194,280

Other debtors

317,155

388,009

520,578

582,289

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

157,943

158,055

Trade creditors

183,100

236,567

Taxation and social security

62,825

92,236

Other creditors

53,619

45,850

457,487

532,708

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

49,773

12,619

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdrafts

120,628

147,407

Bank loan

74,005

-

194,633

147,407

The bank overdraft is secured by a debenture over the company's assets.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

800

Ordinary

£1

800

800

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary A shares

£1

100

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M Bishop and J Richefond

Balance outstanding at start of year

292,918

240,053

Amounts advanced

58,158

90,145

Amounts repaid

(200,663

)

(37,280

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

150,413

292,918

The loans are repayable on demand. Interest is charged at approved Revenue rates where applicable.