REGISTERED NUMBER: 06023506 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Marnie Malgarin Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M A Campbell

SECRETARY:

Mrs B A Hailstone

REGISTERED OFFICE:

Lynt Farm Stables

Lynt Farm Lane

Inglesham

Swindon

SN6 7QZ

REGISTERED NUMBER:

06023506 (England and Wales)

ACCOUNTANTS:

Ellis Dennis Warwick LLP

107 Church Lane

Mill End

Rickmansworth

Hertfordshire

WD3 8PU

FIXED ASSETS

Tangible assets

4

40,114

17,253

CURRENT ASSETS

Debtors

5

8,600

10,124

Cash at bank

13,883

9,058

22,483

19,182

CREDITORS

Amounts falling due within one year

6

23,659

12,440

NET CURRENT (LIABILITIES)/ASSETS

(1,176

)

6,742

TOTAL ASSETS LESS CURRENT LIABILITIES

38,938

23,995

CREDITORS

Amounts falling due after more than one year

7

(15,847

)

-

PROVISIONS FOR LIABILITIES

-

(1,384

)

NET ASSETS

23,091

22,611

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

23,089

22,609

SHAREHOLDERS' FUNDS

23,091

22,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 December 2025 and were signed by:

Mrs M A Campbell - Director

1.	STATUTORY INFORMATION

Marnie Malgarin 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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

25,884

Additions

30,073

At 31 December 2024

55,957

DEPRECIATION

At 1 January 2024

8,631

Charge for year

7,212

At 31 December 2024

15,843

NET BOOK VALUE

At 31 December 2024

40,114

At 31 December 2023

17,253

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

7,100

8,624

Other debtors

1,500

1,500

8,600

10,124

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

250

250

Taxation and social security

8,905

8,155

Other creditors

14,504

4,035

23,659

12,440

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

15,847

-

8.	RELATED PARTY DISCLOSURES