REGISTERED NUMBER: 04007011 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

MARCOLD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M B Barnes

Mrs E.L. Barnes

SECRETARY:

Mrs E.L. Barnes

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

04007011 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

120,024

229,827

120,024

229,827

CURRENT ASSETS

Stocks

18,000

33,000

Debtors

6

340,524

225,220

Cash at bank and in hand

633,548

607,177

992,072

865,397

CREDITORS

Amounts falling due within one year

7

469,034

432,469

NET CURRENT ASSETS

523,038

432,928

TOTAL ASSETS LESS CURRENT LIABILITIES

643,062

662,755

PROVISIONS FOR LIABILITIES

9,181

25,805

NET ASSETS

633,881

636,950

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

151,337

151,337

Retained earnings

481,544

484,613

SHAREHOLDERS' FUNDS

633,881

636,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th August 2026 and were signed on its behalf by:

Mr M B Barnes - Director

1.	STATUTORY INFORMATION

Marcold 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.

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.

Judgements and estimation uncertainty

The preparation of the financial statements requires the use of certain judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Changes in accounting estimates may be necessary if there are changes in the circumstances on which the estimate was based or as a result of new information or more experience.

Turnover

The turnover shown in the profit and loss account represents the value of all goods sold and services provided during the year, less returns received, at selling price exclusive of Value Added Tax. Sales are recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the product and service have been transfered to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003 has been fully amortised. A further acquisition of £40,000 in 2010 has been fully amortised and Goodwill of £140,252 relating to the hive-up of trading activity from subsidiary companies is also fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets and depreciation

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.

Plant and machinery

-

25% on cost, 15% on cost and 10% on cost

Fixtures and fittings

-

25% on cost, 15% on cost and 10% on cost

Motor vehicles

-

25% on cost

Tangible fixed assets are initially recorded at historic cost and stated in the balance sheet at their carrying amount, being the amount of capital expenditure less accumulated depreciation.

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 Statement of Income and Retained Earnings, 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.

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 21 (2025 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2025

and 31st January 2026

186,252

AMORTISATION

At 1st February 2025

and 31st January 2026

186,252

NET BOOK VALUE

At 31st January 2026

-

At 31st January 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2025

37,902

71,111

575,529

33,130

717,672

Additions

1,361

-

32,399

-

33,760

Disposals

-

-

(121,382

)

-

(121,382

)

At 31st January 2026

39,263

71,111

486,546

33,130

630,050

DEPRECIATION

At 1st February 2025

29,982

64,409

360,324

33,130

487,845

Charge for year

5,226

2,738

108,814

-

116,778

Eliminated on disposal

-

-

(94,597

)

-

(94,597

)

At 31st January 2026

35,208

67,147

374,541

33,130

510,026

NET BOOK VALUE

At 31st January 2026

4,055

3,964

112,005

-

120,024

At 31st January 2025

7,920

6,702

215,205

-

229,827

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st February 2025

181,773

Disposals

(23,695

)

At 31st January 2026

158,078

DEPRECIATION

At 1st February 2025

135,622

Eliminated on disposal

(23,695

)

At 31st January 2026

111,927

NET BOOK VALUE

At 31st January 2026

46,151

At 31st January 2025

46,151

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Trade debtors

300,461

211,431

Amounts owed by group undertakings

164

285

Prepayments

39,899

13,504

340,524

225,220

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Hire purchase contracts

-

2,671

Payments on account

612

16,878

Trade creditors

89,564

62,838

Amounts owed to group undertakings

8,798

13,139

Tax

88,529

76,059

Social security and other taxes

11,554

22,187

VAT

46,333

55,234

Directors' current accounts

-

956

Accruals and deferred income

223,644

182,507

469,034

432,469

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/1/26

31/1/25

£

£

Hire purchase contracts

-

2,671

9.	RELATED PARTY DISCLOSURES

During the period the Company paid rental charges of £43,992 (2025: £43,992) to Marcold Holdings Limited, the parent Company, and paid a dividend of £186,000 (2025: £164,000).

At the balance sheet date, the following related company loans existed between Marcold Limited and its subsidiary and parent company. These amounts are included in debtors and creditors due in one yea as follows: -

DEBTORS:

2026

2025

£

£

PVF Limited

285

285

CREDITORS:

2026

2025

£

£

Marcold Holdings Limited

8,798

13,139

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Marcold Holdings Limited.

The company is controlled by the directors Mr M.B. Barnes and Mrs E. Barnes who together hold a beneficial interest in 100% of the issued share capital of the parent company, Marcold Holdings Limited.