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Company Registration No. 11923514 (England and Wales)
Marchant Guttering Building Specialists Ltd Unaudited accounts for the year ended 30 April 2025
Marchant Guttering Building Specialists Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Marchant Guttering Building Specialists Ltd Company Information for the year ended 30 April 2025
Director
Mr M Marchant
Company Number
11923514 (England and Wales)
Registered Office
85 WEST STREET WROTHAM SEVENOAKS TN15 7AZ ENGLAND
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
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Marchant Guttering Building Specialists Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,197
10,866
Current assets
Debtors
5
20,900
26,850
Cash at bank and in hand
20,073
32,562
40,973
59,412
Creditors: amounts falling due within one year
6
(20,251)
(34,663)
Net current assets
20,722
24,749
Total assets less current liabilities
29,919
35,615
Creditors: amounts falling due after more than one year
7
(9,047)
(18,449)
Provisions for liabilities
Deferred tax
(1,743)
(2,060)
Net assets
19,129
15,106
Capital and reserves
Called up share capital
1
-
Profit and loss account
19,128
15,106
Shareholders' funds
19,129
15,106
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2025 and were signed on its behalf by
Mr M Marchant Director Company Registration No. 11923514
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Marchant Guttering Building Specialists Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Marchant Guttering Building Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 11923514. The registered office is 85 WEST STREET, WROTHAM, SEVENOAKS, TN15 7AZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reduced Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Marchant Guttering Building Specialists Ltd Notes to the Accounts for the year ended 30 April 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
22,171
1,876
1,133
25,180
Additions
-
-
1,423
1,423
Disposals
-
(83)
-
(83)
At 30 April 2025
22,171
1,793
2,556
26,520
Depreciation
At 1 May 2024
12,818
1,236
260
14,314
Charge for the year
2,338
160
568
3,066
On disposals
-
(57)
-
(57)
At 30 April 2025
15,156
1,339
828
17,323
Net book value
At 30 April 2025
7,015
454
1,728
9,197
At 30 April 2024
9,353
640
873
10,866
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
4,982
3,191
Trade debtors
8,043
21,703
Accrued income and prepayments
1,532
1,788
Other debtors
6,343
168
20,900
26,850
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,015
10,648
Trade creditors
6,784
23,966
Taxes and social security
3,230
-
Loans from directors
222
49
20,251
34,663
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
9,047
18,449
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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