Joanne Marsden Ltd Accounts






Joanne Marsden Ltd

	Company No. 07058844
		Information for Filing with The Registrar
		31 October 2025

The Directors present their report and the accounts for the year ended 31 October 2025.

Principal activities
The principal activity of the company during the year under review was the repair of HGVs.




Directors

The Directors who served at any time during the year were as follows:

A.C. Simpson
J. Simpson








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J. Simpson
Director
28 July 2026

at	31 October 2025
Company No.		07058844	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	375,746	378,813


				375,746	378,813
Current assets

	Debtors			30,000	221,813

	Cash at bank and in hand			290,937	78,977
				320,937	300,790
Creditors: Amount falling due within one year				(570,335)	(473,979)
Net current liabilities				(249,398)	(173,189)
Total assets less current liabilities				126,348	205,624
Creditors: Amounts falling due after more than one year				-	(61,430)



Net assets				126,348	144,194

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		7	126,248	144,094

Total equity				126,348	144,194



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.

All the members have consented to the preparation of abridged financial statements for the year ended 31 October 2025 in accordance with the Companies Act 2006.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 28 July 2026 and signed on its behalf by:
J. Simpson
Director
28 July 2026

for the year ended 31 October 2025

General information

Joanne Marsden Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07058844

Its registered office is:

Unit 5 Webber Road

Knowsley Industrial Park

Liverpool

L33 7SQ

The abridged accounts have been prepared in accordance and comply with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006, including the provisions permitting an abridged profit and loss account and balance sheet to be prepared.

Accounting policies

Revenue recognition

Turnover is measured at 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

18% Reducing balance

Motor vehicles

18% Reducing balance

Furniture, fittings and equipment

18% Reducing balance

Leased assets

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. the interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the remaining balance of the capital repayments.

Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	12	10

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	37,695	37,185

		Total corporation tax	37,695	37,185





		Tax on profit on ordinary activities	37,695	37,185

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-5467	£	£
		Profit on ordinary activities before tax	172,648	136,332

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	43,162	34,083
		Expenses not deductible for tax purposes	(5,467)	3,102




		Tax on profit on ordinary activities	37,695	37,185

5	Tangible fixed assets
			Total
			£
		Cost or revaluation
		At 1 November 2024	801,213
		Additions	46,744



		At 31 October 2025	847,957
		Depreciation
		At 1 November 2024	422,400
		Charge for the year	49,811



		At 31 October 2025	472,211
		Net book values
		At 31 October 2025	375,746
		At 31 October 2024	378,813

Share Capital

Ordinary

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.