REGISTERED NUMBER: 05993272 (England and Wales)

MARSHALLS OF SUTTON-ON-TRENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

J A Marshall

P J Marshall

S E Sloan

T Marshall

REGISTERED OFFICE:

11 Main Street

Sutton on Trent

Newark

Nottinghamshire

NG23 6PF

REGISTERED NUMBER:

05993272 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

1,987,732

2,086,369

1,987,732

2,086,369

CURRENT ASSETS

Inventories

82,205

29,224

Debtors

6

300,228

277,923

Cash at bank and in hand

53,662

255,710

436,095

562,857

CREDITORS

Amounts falling due within one year

7

989,006

1,014,811

NET CURRENT LIABILITIES

(552,911

)

(451,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,434,821

1,634,415

CREDITORS

Amounts falling due after more than one year

8

(696,907

)

(841,366

)

PROVISIONS FOR LIABILITIES

(496,623

)

(508,379

)

NET ASSETS

241,291

284,670

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

240,291

283,670

SHAREHOLDERS' FUNDS

241,291

284,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 19 August 2026 and were signed on its behalf by:

S E Sloan - Director

1.	STATUTORY INFORMATION

Marshalls of Sutton-on-Trent 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 (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue

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

Revenue comprises sales of bus and coach services. Revenue is recognised when the significant risks and rewards have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and that the costs incurred, or to be incurred, in respect of the transaction can be measured reliably.

Property plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 20% on cost, 20% on reducing balance and 12.5% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventories

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell and 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 statement of financial position. 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2025 - 47 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

100,000

AMORTISATION

At 1 May 2025

and 30 April 2026

100,000

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 May 2025

4,196,585

Additions

267,290

Disposals

(290,015

)

At 30 April 2026

4,173,860

DEPRECIATION

At 1 May 2025

2,110,216

Charge for year

280,565

Eliminated on disposal

(204,653

)

At 30 April 2026

2,186,128

NET BOOK VALUE

At 30 April 2026

1,987,732

At 30 April 2025

2,086,369

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

180,665

152,049

Other debtors

119,563

125,874

300,228

277,923

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

30,597

30,596

Hire purchase contracts

271,208

355,166

Trade creditors

100,371

98,164

Amounts owed to group undertakings

438,856

406,941

Taxation and social security

85,548

18,008

Other creditors

62,426

105,936

989,006

1,014,811

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

176,420

207,016

Hire purchase contracts

520,487

634,350

696,907

841,366

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

54,036

84,632

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

207,017

237,612

Hire purchase contracts

791,695

989,516

998,712

1,227,128

The bank loan is a mortgage and is secured by a cross guarantee against the property held within the parent company.

The hire purchase contracts are secured upon the assets in which the contracts relate to.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

600

A Ordinary

£1

600

600

200

B Ordinary

£1

200

200

100

C Ordinary

£1

100

100

100

D Ordinary

£1

100

100

1,000

1,000

11.	OTHER FINANCIAL COMMITMENTS

The company had commitments due as follows:

2026

2025

£

£

Within one year

-

8,292

Between one and five years

-

7,601

-

15,893