Company registration number 01504179 (England and Wales)
MARSHALVANE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MARSHALVANE LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
MARSHALVANE LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
1,935,837
1,565,085
Investments
4
134,051
134,051
2,069,888
1,699,136
Current assets
Debtors
6
198,936
150,608
Cash at bank and in hand
2,499
2,499
201,435
153,107
Creditors: amounts falling due within one year
7
(41,463)
(1,341)
Net current assets
159,972
151,766
Total assets less current liabilities
2,229,860
1,850,902
Provisions for liabilities
(120,836)
(165,856)
Net assets
2,109,024
1,685,046
Capital and reserves
Called up share capital
123,300
123,300
Share premium account
31,700
31,700
Revaluation reserve
8
1,668,686
1,289,982
Profit and loss reserves
285,338
240,064
Total equity
2,109,024
1,685,046

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 June 2026 and are signed on its behalf by:
Mr R Haigh
Mr R Coward
Director
Director
Company registration number 01504179 (England and Wales)
2026-06-01
MARSHALVANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Marshalvane Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bawtry Road, Selby, YO8 8NB. The company registration number is 01504179.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
0 - 4% straight line
Plant and equipment
15% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

MARSHALVANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

MARSHALVANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
134,051
134,051

Marshalvane Limited owns 100% of the share capital of Selby Livestock Auction Mart Limited.

5
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Total
£
£
£
Cost or valuation
At 1 January 2025
1,581,904
25,000
1,606,904
Revaluation
343,096
-
0
343,096
At 31 December 2025
1,925,000
25,000
1,950,000
Depreciation
At 1 January 2025
29,569
12,250
41,819
Depreciation charged in the year
6,039
1,913
7,952
Revaluation
(35,608)
-
0
(35,608)
At 31 December 2025
-
0
14,163
14,163
Carrying amount
At 31 December 2025
1,925,000
10,837
1,935,837
At 31 December 2024
1,552,335
12,750
1,565,085

Land and buildings with a carrying amount of £611,222 were revalued at 16 July 2025 by Chris Clubley & Co Limited . T he valuation conforms to International Valuation Standards and was based on recent market transactions on arm's length terms for similar properties.

MARSHALVANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
5
Tangible fixed assets
(Continued)
- 5 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
198,936
150,608
7
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
774
1,341
Other creditors
40,689
-
0
41,463
1,341

8
Revaluation reserve
2025
2024
£
£
At the beginning of the year
1,289,982
1,289,982
Revaluation surplus arising in the year
378,704
-
0
At the end of the year
1,668,686
1,289,982
9
Related party transactions
Transactions with related parties

Marshalvane Limited has an intercompany balance owed from Selby Livestock Auction Mart Limited, its subsidiary. At the year end the balance included in the company's debtors is £198,936 (2024: £150,608). During the year the company received interest of £8,981 (2024 - £8,540) on the balance. Interest is charged at 6.00% (2024: 6.00%) to reflect the commercial risk.

There were no transactions, or balances arising with directors and their related companies that did not occur under normal market conditions.

2025-12-31 2025-01-01 false false false 01 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr R Haigh Mr P H Lilley Mr D Thompson Mrs E A Wilson Mr I Rockliff Mr P S Parkin Mr R Coward Mr B N R Bartle Mr C W Clubley Mr P Bartle Mrs V Ellerington Mr M R Webster Mr J Spetch Mr M Crapper Mr P Bartle 01504179 2025-01-01 2025-12-31 01504179 2025-12-31 01504179 2024-12-31 01504179 core:LandBuildings core:OwnedOrFreeholdAssets 2025-12-31 01504179 core:PlantMachinery 2025-12-31 01504179 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 01504179 core:PlantMachinery 2024-12-31 01504179 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 01504179 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01504179 core:CurrentFinancialInstruments 2025-12-31 01504179 core:CurrentFinancialInstruments 2024-12-31 01504179 core:ShareCapital 2025-12-31 01504179 core:ShareCapital 2024-12-31 01504179 core:SharePremium 2025-12-31 01504179 core:SharePremium 2024-12-31 01504179 core:RevaluationReserve 2025-12-31 01504179 core:RevaluationReserve 2024-12-31 01504179 core:RetainedEarningsAccumulatedLosses 2025-12-31 01504179 core:RetainedEarningsAccumulatedLosses 2024-12-31 01504179 core:RevaluationReserve 2024-12-31 01504179 core:RevaluationReserve 2023-12-31 01504179 bus:Director1 2025-01-01 2025-12-31 01504179 bus:Director7 2025-01-01 2025-12-31 01504179 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 01504179 core:PlantMachinery 2025-01-01 2025-12-31 01504179 2024-01-01 2024-12-31 01504179 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 01504179 core:PlantMachinery 2024-12-31 01504179 2024-12-31 01504179 core:RevaluationReserve 2025-01-01 2025-12-31 01504179 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01504179 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01504179 bus:FRS102 2025-01-01 2025-12-31 01504179 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 01504179 bus:Director2 2025-01-01 2025-12-31 01504179 bus:Director3 2025-01-01 2025-12-31 01504179 bus:Director4 2025-01-01 2025-12-31 01504179 bus:Director5 2025-01-01 2025-12-31 01504179 bus:Director6 2025-01-01 2025-12-31 01504179 bus:Director8 2025-01-01 2025-12-31 01504179 bus:Director9 2025-01-01 2025-12-31 01504179 bus:Director10 2025-01-01 2025-12-31 01504179 bus:Director11 2025-01-01 2025-12-31 01504179 bus:Director12 2025-01-01 2025-12-31 01504179 bus:Director13 2025-01-01 2025-12-31 01504179 bus:Director14 2025-01-01 2025-12-31 01504179 bus:CompanySecretary1 2025-01-01 2025-12-31 01504179 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP