J. Marsland & Sons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00147129 (England and Wales)

J. MARSLAND & SONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J P Broadwith

Mr M T D Ward

Mr A J Broadwith

REGISTERED OFFICE:

Hartwith House

Claro Road

Harrogate

HG1 4DS

REGISTERED NUMBER:

00147129 (England and Wales)

AUDITORS:

DSC Accountants Ltd

Chartered Accountants

Statutory Auditors

Tattersall House

East Parade

Harrogate

North Yorkshire

HG1 5LT

FIXED ASSETS

Tangible assets

4

-

2,101,537

Investments

5

-

1,300

-

2,102,837

CURRENT ASSETS

Stocks

-

589,810

Debtors

6

40,639

280,667

Cash at bank and in hand

13,708

247,348

54,347

1,117,825

CREDITORS

Amounts falling due within one year

7

7,457

667,316

NET CURRENT ASSETS

46,890

450,509

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,890

2,553,346

CREDITORS

Amounts falling due after more than one year

8

-

(368,722

)

PROVISIONS FOR LIABILITIES

-

(32,350

)

NET ASSETS

46,890

2,152,274

CAPITAL AND RESERVES

Called up share capital

10

27,969

Capital redemption reserve

11

18,921

Retained earnings

11

-

2,105,384

SHAREHOLDERS' FUNDS

46,890

2,152,274

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 Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

Mr J P Broadwith - Director

1.	STATUTORY INFORMATION

J. Marsland & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements cover a period of twelve months whereas the previous period covered a period of nine months. This means that the comparative amounts in the financial statements (including the related notes) are not entirely comparable.

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.

During the year, the trade and assets were hived up into the parent company and holding company. As the company has ceased to trade, the directors consider it no longer appropriate to prepare the financial statements on a going concern basis.The company will become dormant in 2026.

The financial statements depart from accounting standards and Companies Act 2006 to the extent necessary to give a true and fair view. The details of each matter, including a description of the departure from accounting standards, its nature, and why it was considered necessary are given as part of the relevant accounting policy or disclosure note. No material adjustments arose as a result of the change in basis.

The directors have concluded that the financial statements give a true and fair view of the company's financial position and financial performance.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

16.67% on 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.

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.

Government grants

The company recognises HGV grant income into profit and loss on a five year straight line basis.

Financial instruments

Bank loans are measured at amortised cost using the effective interest rate.

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.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Creditors

Short term creditors are measured at the transaction price.

Debtors

Short term debtors are measured at transaction price, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 20 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

COST

At 1 October 2024

2,090,872

209,224

95,962

Disposals

-

Group transfers

(2,090,872

)

(209,224

)

(95,962

)

At 30 September 2025

-

DEPRECIATION

At 1 October 2024

118,743

108,738

74,518

Eliminated on disposal

-

Group transfers

(118,743

)

(108,738

)

(74,518

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

1,972,129

100,486

21,444

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 October 2024

260,100

157,470

2,813,628

Disposals

(58,722

)

-

(58,722

)

Group transfers

(201,378

)

(157,470

)

(2,754,906

)

At 30 September 2025

-

DEPRECIATION

At 1 October 2024

258,609

151,483

712,091

Eliminated on disposal

(58,722

)

-

(58,722

)

Group transfers

(199,887

)

(151,483

)

(653,369

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

1,491

5,987

2,101,537

The net book value of tangible fixed assets includes £NIL (2024 - £ 17,780 ) in respect of assets held under hire purchase contracts.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2024

1,300

Disposals

(1,300

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

1,300

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

3,875

277,695

Amounts owed by group undertakings

34,846

-

Other debtors

1,918

-

Prepayments and accrued income

-

2,972

40,639

280,667

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

-

43,257

Hire purchase contracts (see note 9)

-

3,373

Trade creditors

-

221,666

Amounts owed to group undertakings

-

289,597

Tax

7,457

17,721

Social security and other taxes

-

74,775

Accruals and deferred income

-

16,927

7,457

667,316

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 2-5 years

-

158,237

Bank loans more than five years by
instalments

-

210,485

-

368,722

2025

2024

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than five years by
instalments

-

210,485

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

Net obligations repayable:

Within one year

-

3,373

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

27,969

Ordinary shares

£1

27,969

11.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

At 1 October 2024

2,105,384

18,921

2,124,305

Profit for the year

85,623

Dividends

(2,191,007

)

(2,191,007

)

At 30 September 2025

-

18,921

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

We draw attention to note 2 of the financial statements which explains that during the year, the trade and assets were hived up into the parent company and holding company. Therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern.

Our opinion is not modified in respect of this matter.

Graham French (Senior Statutory Auditor)

for and on behalf of DSC Accountants Ltd

13.	ULTIMATE CONTROLLING PARTY AND PARENT COMPANY

The controlling party is Mr J P Broadwith.

The company's parent company is G H Brooks & Co (Harrogate) Limited, a limited company incorporated in England and Wales with a registered office of Hartwith House, Claro Road, Harrogate, North Yorkshire, HG1 4DS.

The parent of the smallest group for which consolidated financial statements are drawn up of which the company is a member is G H Brooks & Co (Holdings) Limited with a registered office of Hartwith House, Claro Road, Harrogate, North Yorkshire, HG1 4DS.

The company's ultimate parent company is G H Brooks & Co (Holdings)Limited