Registration number: 00831391

E.B. Marsh & Son Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

E.B. Marsh & Son Limited

(Registration number: 00831391)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	548,273	583,705
Investments	5	1,590	1,590
		549,863	585,295
Current assets
Stocks	6	312,990	391,186
Debtors	7	113,879	127,523
Cash at bank and in hand		331,545	194,141
		758,414	712,850
Creditors: Amounts falling due within one year	8	(284,391)	(235,120)
Net current assets		474,023	477,730
Total assets less current liabilities		1,023,886	1,063,025
Provisions for liabilities		(29,653)	(35,343)
Net assets		994,233	1,027,682
Capital and reserves
Called up share capital		17,000	17,000
Retained earnings		977,233	1,010,682
Shareholders' funds		994,233	1,027,682

E.B. Marsh & Son Limited

(Registration number: 00831391)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 September 2026 and signed on its behalf by:
 

Mr R Palmer Director

Mrs S Palmer Director

E.B. Marsh & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

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

The address of its registered office is:
34 Market Place
Sturminster Newton
Dorset
DT10 1AR

These financial statements were authorised for issue by the Board on 8 September 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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 financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

These 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 audio and video equipment and electrical household appliances in specialised stores in the ordinary course of the group’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the group.

The group 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 group's activities.

Tax

The tax expense for the period comprises current and deferred 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.

E.B. Marsh & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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 property	2% straight line
Plant and machinery	33% reducing balance
Fixtures and fittings	15% reducing balance
Motor vehicles	20% reducing balance

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 stocks 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.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

E.B. Marsh & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

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 directors) during the year was 21 (2025 - 21).

E.B. Marsh & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Freehold property £	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	661,373	317,302	14,803	137,507	1,130,985
Additions	-	892	-	-	892
At 31 March 2026	661,373	318,194	14,803	137,507	1,131,877
Depreciation
At 1 April 2025	204,285	268,593	14,478	59,924	547,280
Charge for the year	13,207	7,439	161	15,517	36,324
At 31 March 2026	217,492	276,032	14,639	75,441	583,604
Carrying amount
At 31 March 2026	443,881	42,162	164	62,066	548,273
At 31 March 2025	457,088	48,709	325	77,583	583,705

Included within the net book value of land and buildings above is £443,881 (2025 - £457,088) in respect of freehold land and buildings.
 

5	Investments

	2026 £	2025 £
Investments	1,590	1,590

	£
Cost or valuation
At 1 April 2025	1,590
Carrying amount
At 31 March 2026	1,590
At 31 March 2025	1,590

6

Stocks

	2026 £	2025 £
Finished goods and goods for resale	312,990	391,186

E.B. Marsh & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Debtors

	2026 £	2025 £
Trade debtors	2,858	9,540
Other debtors	83,742	87,385
Prepayments	27,279	30,598
	113,879	127,523

8

Creditors

Due within one year	2026 £	2025 £
Trade creditors	119,166	112,264
Social security and other taxes	67,673	49,707
Other creditors	62,520	45,287
Accruals	28,005	19,874
Corporation tax liability	7,027	7,988
	284,391	235,120

9	Related party transactions

Summary of transactions with key management

During the year the directors continued to provide the company with a loan, which is interest free and repayable on demand. At the balance sheet date the amounts due to the directors was £510 (2025: £108).