REGISTERED NUMBER: 09421506 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

MarthaJackson Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Pearce

SECRETARY:

REGISTERED OFFICE:

Unit 16

14 King Square

Bristol

BS2 8JH

REGISTERED NUMBER:

09421506 (England and Wales)

ACCOUNTANTS:

M R Dury and Co Ltd

51 Peaslands Road

Sidmouth

Devon

EX10 9BE

FIXED ASSETS

Intangible assets

4

-

1,978

Tangible assets

5

26,211

31,328

Investments

6

674,352

704,231

700,563

737,537

CURRENT ASSETS

Stocks

312,615

312,609

Debtors

7

416,441

280,420

Cash at bank and in hand

283,926

201,921

1,012,982

794,950

CREDITORS

Amounts falling due within one year

8

140,910

152,298

NET CURRENT ASSETS

872,072

642,652

TOTAL ASSETS LESS CURRENT LIABILITIES

1,572,635

1,380,189

CREDITORS

Amounts falling due after more than one year

9

81,774

-

NET ASSETS

1,490,861

1,380,189

CAPITAL AND RESERVES

Called up share capital

10

222

222

Share premium

130,220

130,220

Retained earnings

1,360,419

1,249,747

SHAREHOLDERS' FUNDS

1,490,861

1,380,189

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

M Pearce - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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 8 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

19,771

AMORTISATION

At 1 April 2024

17,793

Charge for year

1,978

At 31 March 2025

19,771

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,978

The goodwill was acquired on 31 March 2015 via the demerger of the MarthaJackson trade from the company Lily Charmed Ltd (a company incorporated in England & Wales). Up to the point of the demerger the company Lily Charmed Ltd was 50% owned by M Pearce who is the sole director and 100% shareholder of MarthaJackson Ltd.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

91,173

Additions

2,039

At 31 March 2025

93,212

DEPRECIATION

At 1 April 2024

59,845

Charge for year

7,156

At 31 March 2025

67,001

NET BOOK VALUE

At 31 March 2025

26,211

At 31 March 2024

31,328

6.	FIXED ASSET INVESTMENTS

Loans to

associates

£

At 1 April 2024

704,231

Repayment in year

(29,879

)

At 31 March 2025

674,352

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

27,460

70,189

Other debtors

388,981

210,231

416,441

280,420

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,287

-

Trade creditors

44,294

52,965

Taxation and social security

70,326

96,312

Other creditors

8,003

3,021

140,910

152,298

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

81,774

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,628

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

22

B shares

£1

22

22

222

222

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

M Pearce

Balance outstanding at start of year

158,400

158,400

Amounts advanced

171,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

329,400

158,400

Interest is charged on the directors loans at a rate of 4% per annum. Interest charged in the accounts for the year ended 31 March 2025 was £10,971 (2024 - £3,752).

12.	RELATED PARTY DISCLOSURES

The company has previously made cash loans to MCP Properties (Bristol) Ltd, a company under the common control of M Pearce (sole director and shareholder of MarthaJackson Ltd). The loan balance at the year end date was £674,352 (2024 - £704,231) and is included within debtors due within 1 year. No interest has been charged.