| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| FOR |
| MARIE SPARSHATT LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| FOR |
| MARIE SPARSHATT LIMITED |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| MARIE SPARSHATT LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Rubis House |
| 15 Friarn Street |
| Bridgwater |
| Somerset |
| TA6 3LH |
| BANKERS: |
| 272 London Road |
| Waterlooville |
| Hampshire |
| PO7 7HN |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| BALANCE SHEET |
| 31ST JULY 2025 |
| 31/7/25 | 31/7/24 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Revaluation reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| BALANCE SHEET - continued |
| 31ST JULY 2025 |
| The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| 1. | STATUTORY INFORMATION |
| Marie Sparshatt Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| TURNOVER |
| The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. |
| In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. |
| TANGIBLE FIXED ASSETS |
| Freehold property | - |
| Plant and equipment | - |
| Office equipment | - |
| Motor vehicles | - |
| The company has taken advantage of the exemption in paragraph 35.10d of FRS 102 and elected to use a previous GAAP revaluation of an item period of an item of property, plant and equipment as deemed 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. |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| RESEARCH AND DEVELOPMENT |
| Expenditure on research and development is written off in the year in which it is incurred. |
| HIRE PURCHASE AND LEASING COMMITMENTS |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account at a constant rate of charge on the balance of capital repayments outstanding. |
| 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. |
| GOING CONCERN |
| Just before the year end the Covid-19 global pandemic affected the UK. The company has benefited from the financial assistance provided by the UK government which includes the receipt of grant, bounce back loan and placing employees on the Furlough Scheme. The Director has assessed the potential impact of this global pandemic and although there is some uncertainty about the extent and time frame of this pandemic on the UK economy the director is confident that the company is strongly positioned to handle the downturn. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and | Office |
| property | equipment | equipment |
| £ | £ | £ |
| COST |
| At 1st August 2024 |
| Additions |
| At 31st July 2025 |
| DEPRECIATION |
| At 1st August 2024 |
| Charge for year |
| At 31st July 2025 |
| NET BOOK VALUE |
| At 31st July 2025 |
| At 31st July 2024 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st August 2024 |
| Additions |
| At 31st July 2025 |
| DEPRECIATION |
| At 1st August 2024 |
| Charge for year |
| At 31st July 2025 |
| NET BOOK VALUE |
| At 31st July 2025 |
| At 31st July 2024 |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| equipment |
| £ |
| COST |
| At 1st August 2024 |
| Additions |
| At 31st July 2025 |
| DEPRECIATION |
| At 1st August 2024 |
| Charge for year |
| At 31st July 2025 |
| NET BOOK VALUE |
| At 31st July 2025 |
| At 31st July 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Bank loan and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| VAT | 25,615 | 20,441 |
| Directors' current accounts | 52,234 | 52,234 |
| Accruals and deferred income |
| MARIE SPARSHATT LIMITED (REGISTERED NUMBER: 01910587) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Bank loans due 1-2 years | - | 8,333 |
| Hire purchase contracts |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Bank loan |
| Hire purchase contracts | 60,891 | 70,400 |
| Lloyds Bank PLC hold a single debenture by way of fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. |
| Lloyds Bank PLC also hold a mortgage charge over units 5 & 6 London Road, Amesbury, Wiltshire including a floating charge over all moveable plant machinery implements utensils furniture and equipment. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/7/25 | 31/7/24 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |