REGISTERED NUMBER: 05899987 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

MARLIN MARQUEES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Wood-Hill

J R Wood-Hill

SECRETARY:

S Wood-Hill

REGISTERED OFFICE:

Windover House

St. Ann Street

Salisbury

SP1 2DR

REGISTERED NUMBER:

05899987 (England and Wales)

ACCOUNTANTS:

Fawcetts LLP

Chartered Accountants

Windover House

St. Ann Street

Salisbury

SP1 2DR

FIXED ASSETS

Tangible assets

4

646,150

634,113

CURRENT ASSETS

Debtors

5

137,174

129,061

CREDITORS

Amounts falling due within one year

6

159,343

186,840

NET CURRENT LIABILITIES

(22,169

)

(57,779

)

TOTAL ASSETS LESS CURRENT LIABILITIES

623,981

576,334

CREDITORS

Amounts falling due after more than one year

7

(95,370

)

(40,579

)

PROVISIONS FOR LIABILITIES

(122,553

)

(154,431

)

NET ASSETS

406,058

381,324

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

60,000

60,000

Retained earnings

345,958

321,224

SHAREHOLDERS' FUNDS

406,058

381,324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

J R Wood-Hill - Director

1.	STATUTORY INFORMATION

Marlin Marquees Limited 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis. The company is dependent upon the support of the directors who have indicated that they will introduce funds as required to meet the company's liabilities. The directors therefore consider that the going concern basis is appropriate. The financial statements do not contain any adjustments that might be necessary were the going concern basis to be no longer appropriate.

The financial statements are presented in Sterling (£) which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for turnover and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements:

Revaluation of tangible assets:

The company carries its tangible assets at fair value. Any fair value gains arising are not realised profits and therefore are transferred to a separately designated non-distributable fair value reserve. The directors determined fair value at 31 August 2025. The method and significant assumptions used to determine the fair value of tangible assets are further explained in Note 5.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebate and value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Marquee Structure & Lining

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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

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.

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.

Debtors

Debtors are measured at their recoverable amount.

Creditors and provisions

Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Marquee

Fixtures

Structure

Plant and

and

& Lining

machinery

fittings

£

£

£

COST OR VALUATION

At 1 September 2024

864,691

131,872

1,395

Additions

12,017

32,661

-

Disposals

(5,547

)

(51,264

)

-

At 31 August 2025

871,161

113,269

1,395

DEPRECIATION

At 1 September 2024

376,497

84,298

1,236

Charge for year

49,524

9,778

31

Eliminated on disposal

-

(36,210

)

-

At 31 August 2025

426,021

57,866

1,267

NET BOOK VALUE

At 31 August 2025

445,140

55,403

128

At 31 August 2024

488,194

47,574

159

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 September 2024

226,281

7,113

1,231,352

Additions

114,863

-

159,541

Disposals

(39,000

)

-

(95,811

)

At 31 August 2025

302,144

7,113

1,295,082

DEPRECIATION

At 1 September 2024

129,825

5,383

597,239

Charge for year

36,023

347

95,703

Eliminated on disposal

(7,800

)

-

(44,010

)

At 31 August 2025

158,048

5,730

648,932

NET BOOK VALUE

At 31 August 2025

144,096

1,383

646,150

At 31 August 2024

96,456

1,730

634,113

Included in the total net book value of fixed assets held at 31 August 2025 was £154,017 (2024 - £84,700) in respect of assets held under hire purchase and leasing agreements.

Cost or valuation at 31 August 2025 is represented by:

Marquee

Fixtures

Structure

Plant and

and

& Lining

machinery

fittings

£

£

£

Valuation in 2025

80,000

-

-

Cost

791,161

113,269

1,395

871,161

113,269

1,395

Motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2025

-

-

80,000

Cost

302,144

7,113

1,215,082

302,144

7,113

1,295,082

The fair value (open market basis) of tangible fixed assets was assessed by the directors at 31 August 2025. The directors took into account the condition of the tangible fixed assets as well as current market conditions.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,508

600

Other debtors

135,666

128,461

137,174

129,061

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

21,630

25,810

Hire purchase contracts

46,929

27,931

Trade creditors

4,802

36,453

Taxation and social security

19,940

28,303

Other creditors

66,042

68,343

159,343

186,840

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

7,500

Hire purchase contracts

95,370

33,079

95,370

40,579

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

142,299

61,010

The hire purchase contracts are secured on the assets in which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

60,000

Fair value reserve:

This reserve is used to record gains in the fair value of tangible assets and losses to the extent that such a loss relates to a previous gain on the same asset. It is also used to record the corresponding deferred tax (charge)/credit on fair value changes in tangible assets.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

J R Wood-Hill and S Wood-Hill

Balance outstanding at start of year

-

38,365

Amounts repaid

-

(38,365

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

12.	RELATED PARTY DISCLOSURES

Included in creditors due within one year is £2,988 (2024 - £448) due to the directors.

13.	ULTIMATE CONTROLLING PARTY

The parent company is WHHV Holding Limited which is a company incorporated in England. The ultimate controlling parties are Mr J Wood-Hill and Mrs S Wood-Hill.