REGISTERED NUMBER: SC473665 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Marsan Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

H Ali

REGISTERED OFFICE:

c/o Complete Dental Care

151 Western Road

Cambuslang

Glasgow

G72 8PE

REGISTERED NUMBER:

SC473665 (Scotland)

ACCOUNTANTS:

Dental Accountants Scotland Ltd

Specialist Dental Accountants & Advisors

Cornerstone House

Station Road

Selkirk

Borders

TD7 5DJ

FIXED ASSETS

Intangible assets

4

141,354

115,542

Tangible assets

5

195,812

36,696

337,166

152,238

CURRENT ASSETS

Stocks

10,615

6,300

Debtors

6

71,482

51,775

Cash at bank and in hand

434,503

240,054

516,600

298,129

CREDITORS

Amounts falling due within one year

7

250,499

131,693

NET CURRENT ASSETS

266,101

166,436

TOTAL ASSETS LESS CURRENT LIABILITIES

603,267

318,674

CREDITORS

Amounts falling due after more than one year

8

(72,523

)

-

PROVISIONS FOR LIABILITIES

(7,572

)

(9,174

)

NET ASSETS

523,172

309,500

CAPITAL AND RESERVES

Called up share capital

9

178

100

Retained earnings

522,994

309,400

SHAREHOLDERS' FUNDS

523,172

309,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2025 and were signed by:

H Ali - Director

1.	STATUTORY INFORMATION

Marsan Ltd is a private company, limited by shares , registered in Scotland. 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 for the acquisition of businesses in 2015 and 2024, is being amoritised evenly over their estimated useful lives of 10 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

-

20% on reducing balance

Computer equipment

-

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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 20 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

295,000

Additions

61,458

At 30 April 2025

356,458

AMORTISATION

At 1 May 2024

179,458

Amortisation for year

35,646

At 30 April 2025

215,104

NET BOOK VALUE

At 30 April 2025

141,354

At 30 April 2024

115,542

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 May 2024

-

142,815

3,128

145,943

Additions

155,000

13,452

867

169,319

At 30 April 2025

155,000

156,267

3,995

315,262

DEPRECIATION

At 1 May 2024

-

107,899

1,348

109,247

Charge for year

-

9,674

529

10,203

At 30 April 2025

-

117,573

1,877

119,450

NET BOOK VALUE

At 30 April 2025

155,000

38,694

2,118

195,812

At 30 April 2024

-

34,916

1,780

36,696

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

71,482

51,775

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

1,561

-

Trade creditors

66,413

27,093

Amounts owed to group undertakings

587

-

Tax

97,162

31,759

Social security and other taxes

2,938

4,911

Net wages

1,517

14,144

Pensions payable

1,111

1,057

Directors' current accounts

74,663

-

Accrued expenses

4,547

52,729

250,499

131,693

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 2-5 years

72,523

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

64

Ordinary B

£1

64

25

25

Ordinary C

£1

25

25

89

50

Allotted and issued:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

64

Share capital 1

£1

64

25

25

Share capital 4

£1

25

25

89

50

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company was due the directors £74,663. There are no specific repayment terms and no interest has been charged.