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Registration number: 10324125

Marshway Contracts Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Marshway Contracts Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Marshway Contracts Limited

Company Information

Director | Mr D W Marsh

Company secretary | Mr D W Marsh

Registered office | 12A Bank Court Manor Road Verwood Dorset BH31 6DY

Accountants | Grant Sellers Limited Bank Court Manor Road Verwood Dorset BH31 6DY

Marshway Contracts Limited

(Registration number: 10324125)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 223,691 | 263,708
Current assets |  |  |
Stocks | 5 | 300,000 | 416,010
Debtors | 6 | 564,203 | 461,960
Cash at bank and in hand |  | 114,829 | 258,622
|  | 979,032 | 1,136,592
Creditors: Amounts falling due within one year | 7 | (318,894) | (426,743)
Net current assets |  | 660,138 | 709,849
Total assets less current liabilities |  | 883,829 | 973,557
Creditors: Amounts falling due after more than one year | 7 | - | (6,467)
Provisions for liabilities |  | (55,923) | (65,927)
Net assets |  | 827,906 | 901,163
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 827,806 | 901,063
Shareholders' funds |  | 827,906 | 901,163

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 July 2026

Marshway Contracts Limited

(Registration number: 10324125)
Balance Sheet as at 30 September 2025 (continued)

......................................... Mr D W Marsh Company secretary and director

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
12A Bank Court
Manor Road
Verwood
Dorset
BH31 6DY

These financial statements were authorised for issue by the director on 31 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The statements are presented in pound sterling and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2 | Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold Buildings | Over 50 years
Leasehold land and buildings | Over the Lease term
Plant and machinery | 25% Reducing Balance
Fixtures and Fittings | 25% Reducing Balance
Tools and Equipment | 25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2 | Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 21 (2024 - 21).

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £
Cost or valuation
At 1 October 2024 | - | 359,348 | - | 198,978
Additions | 721 | 10,100 | 2,154 | 22,000
Disposals | - | (7,500) | - | (5,000)
At 30 September 2025 | 721 | 361,948 | 2,154 | 215,978
Depreciation
At 1 October 2024 | - | 199,689 | - | 94,929
Charge for the year | - | 39,346 | 289 | 30,659
Eliminated on disposal | - | (4,384) | - | (3,418)
At 30 September 2025 | - | 234,651 | 289 | 122,170
Carrying amount
At 30 September 2025 | 721 | 127,297 | 1,865 | 93,808
At 30 September 2024 | - | 159,659 | - | 104,049

| Total £
Cost or valuation
At 1 October 2024 | 558,326
Additions | 34,975
Disposals | (12,500)
At 30 September 2025 | 580,801
Depreciation
At 1 October 2024 | 294,618
Charge for the year | 70,294
Eliminated on disposal | (7,802)
At 30 September 2025 | 357,110
Carrying amount
At 30 September 2025 | 223,691
At 30 September 2024 | 263,708

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 300,000 | 416,010

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 311,398 | 386,543
Amounts owed by related parties | 10 | 209,877 | -
Prepayments |  | 16,399 | 25,544
Other debtors |  | 26,529 | 49,873
|  | 564,203 | 461,960

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 6,667 | 10,200
Trade creditors |  | 247,333 | 250,751
Taxation and social security |  | 49,526 | 150,242
Accruals and deferred income |  | 6,250 | 5,000
Other creditors |  | 9,118 | 10,550
|  | 318,894 | 426,743

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | - | 6,467

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares A of £1 each | 50 | 50 | 50 | 50
Ordinary Shares B of £1 each | 50 | 50 | 50 | 50
| 100 | 100 | 100 | 100

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 6,467

Current loans and borrowings

Marshway Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

9 | Loans and borrowings (continued)

| 2025 £ | 2024 £
Bank borrowings | 6,667 | 10,200

10 | Related party transactions

Marshway Contracts Limited pays rent to a company which is under the common control of the Director, rent payable was £9,000 in the period. There is also an oustanding debtor from this company of £53,012.00 (2024: £15,012)
Marshway Contracts are holding stock of £300,000 which includes £300,000 of work in progress to a company which is under the common control of the Director.
Marshway contracts have a related party debtor of £156,864.90 of work in progress to a property owned by the Director. (2024: £116,010)