Company registration number 06392062 (England and Wales)
MARSHEEN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
MARSHEEN LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
MARSHEEN LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
2
53,146
79,753
Current assets
Stocks
1,500
1,500
Debtors
3
259,419
282,749
Cash at bank and in hand
936,217
953,146
1,197,136
1,237,395
Creditors: amounts falling due within one year
4
(546,697)
(610,355)
Net current assets
650,439
627,040
Net assets
703,585
706,793
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
703,583
706,791
Total equity
703,585
706,793

For the financial 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.

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 profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 August 2026 and are signed on its behalf by:
Miss H Cawley
Director
Company registration number 06392062 (England and Wales)
MARSHEEN LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2025
31 October 2025
- 2 -
1
Employees

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

2025
2024
Number
Number
Total
7
6
2
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 November 2024
11,078
216,236
227,314
Additions
-
0
12,168
12,168
At 31 October 2025
11,078
228,404
239,482
Depreciation and impairment
At 1 November 2024
6,651
140,910
147,561
Depreciation charged in the year
2,217
36,558
38,775
At 31 October 2025
8,868
177,468
186,336
Carrying amount
At 31 October 2025
2,210
50,936
53,146
At 31 October 2024
4,427
75,326
79,753
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
168,259
187,864
Other debtors
91,160
94,885
259,419
282,749
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
3,519
602
Taxation and social security
115,708
156,039
Other creditors
427,470
453,714
546,697
610,355
MARSHEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
5
Accounting policies
Company information

Marsheen Limited is a private company limited by shares incorporated in England and Wales. The registered office is 27 Mortimer Street, London, W1T 3BL.

5.1
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.

5.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
5.3
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:

Leasehold land and buildings
20% Straight Line
Fixtures and fittings
20% Straight Line

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.

5.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

5.5
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, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

MARSHEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
5
Accounting policies
(Continued)
- 4 -

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

5.6
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 profit and loss account 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.

6
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.

2025-10-31 2024-11-01 false false false 06 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr D W Leung Miss H Cawley BLG Registrars Ltd 06392062 2024-11-01 2025-10-31 06392062 2025-10-31 06392062 2024-10-31 06392062 core:LandBuildings 2025-10-31 06392062 core:OtherPropertyPlantEquipment 2025-10-31 06392062 core:LandBuildings 2024-10-31 06392062 core:OtherPropertyPlantEquipment 2024-10-31 06392062 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 06392062 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 06392062 core:CurrentFinancialInstruments 2025-10-31 06392062 core:CurrentFinancialInstruments 2024-10-31 06392062 core:ShareCapital 2025-10-31 06392062 core:ShareCapital 2024-10-31 06392062 core:RetainedEarningsAccumulatedLosses 2025-10-31 06392062 core:RetainedEarningsAccumulatedLosses 2024-10-31 06392062 bus:Director2 2024-11-01 2025-10-31 06392062 2023-11-01 2024-10-31 06392062 core:LandBuildings 2024-10-31 06392062 core:OtherPropertyPlantEquipment 2024-10-31 06392062 2024-10-31 06392062 core:LandBuildings 2024-11-01 2025-10-31 06392062 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 06392062 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-11-01 2025-10-31 06392062 core:FurnitureFittings 2024-11-01 2025-10-31 06392062 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 06392062 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 06392062 bus:FRS102 2024-11-01 2025-10-31 06392062 bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 06392062 bus:Director1 2024-11-01 2025-10-31 06392062 bus:CompanySecretary1 2024-11-01 2025-10-31 06392062 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP