MARIGOLD ENGINEERS LIMITED - Filleted accounts

Registered number

07594880

MARIGOLD ENGINEERS LIMITED

Filleted Accounts

30 April 2025

MARIGOLD ENGINEERS LIMITED
Registered number:		07594880
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		65,715			57,725

Current assets
Debtors	4	121,552			58,189
Cash at bank and in hand		168,679			118,030
		290,231			176,219

Creditors: amounts falling due within one year	5	(260,985)			(126,536)

Net current assets			29,246			49,683

Total assets less current liabilities			94,961			107,408

Creditors: amounts falling due after more than one year	6		(4,989)			(20,873)



Net assets			89,972			86,535

Capital and reserves
Called up share capital			100			100
Profit and loss account			89,872			86,435

Shareholders' funds			89,972			86,535

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




BJ Marigold
Director
Approved by the board on 29 April 2026

MARIGOLD ENGINEERS LIMITED
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			6		3


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 May 2024	88,686		115,951		204,637
	Additions	582		29,313		29,895
	At 30 April 2025	89,268		145,264		234,532

	Depreciation
	At 1 May 2024	83,404		63,508		146,912
	Charge for the year	1,466		20,439		21,905
	At 30 April 2025	84,870		83,947		168,817

	Net book value
	At 30 April 2025	4,398		61,317		65,715
	At 30 April 2024	5,282		52,443		57,725


4	Debtors			2025		2024
£					£

	Trade debtors			121,552		58,189


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			10,000		10,000
	Obligations under finance lease and hire purchase contracts			5,910		5,910
	Trade creditors			101,249		7,803
	Taxation and social security costs			83,140		83,792
	Other creditors			60,686		19,031
				260,985		126,536


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			2,526		12,500
	Obligations under finance lease and hire purchase contracts			2,463		8,373
				4,989		20,873


7	Other information

	MARIGOLD ENGINEERS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 8 Basepoint Business Centre
	Victoria Road
	Dartford
	Kent
	DA1 5FS