Marshall Lung Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11252928 (England and Wales)

MARSHALL LUNG SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Marshall

REGISTERED OFFICE:

19 Bereweeke Road

Winchester

Hampshire

SO22 6AJ

REGISTERED NUMBER:

11252928 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Tangible assets

4

1,996

1,780

Investments

5

50,000

-

51,996

1,780

CURRENT ASSETS

Debtors

6

39,854

41,607

Cash at bank

2,308

20,820

42,162

62,427

CREDITORS

Amounts falling due within one year

7

53,925

23,489

NET CURRENT (LIABILITIES)/ASSETS

(11,763

)

38,938

TOTAL ASSETS LESS CURRENT
LIABILITIES

40,233

40,718

PROVISIONS FOR LIABILITIES

379

338

NET ASSETS

39,854

40,380

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

39,754

40,280

SHAREHOLDERS' FUNDS

39,854

40,380

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 October 2026 and were signed by:

B Marshall - Director

1.	STATUTORY INFORMATION

Marshall Lung Services 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.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 April 2025

550

11,680

12,230

Additions

-

1,996

At 31 March 2026

550

13,676

14,226

DEPRECIATION

At 1 April 2025

550

9,900

10,450

Charge for year

-

1,780

At 31 March 2026

550

11,680

12,230

NET BOOK VALUE

At 31 March 2026

-

1,996

At 31 March 2025

-

1,780

5.	FIXED ASSET INVESTMENTS

2026

2025

£

Other investments not loans

5,000

-

Other loans

45,000

-

50,000

-

Additional information is as follows:

Other

investments

£

COST

Additions

5,000

At 31 March 2026

5,000

NET BOOK VALUE

At 31 March 2026

5,000

Other

loans

£

New in year

45,000

At 31 March 2026

45,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

39,854

41,607

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

21,025

16,825

Taxation and social security

543

4,686

Other creditors

32,357

1,978

53,925

23,489