REGISTERED NUMBER: 00829375 (England and Wales)

MARCROSS HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H M Evans

E J Evans

A A Evans

E M Jones

SECRETARY:

E M Jones

REGISTERED OFFICE:

Marcross Farm

Marcross

Llantwit Major

Glamorgan

CF61 1ZG

REGISTERED NUMBER:

00829375 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

143,576

113,637

CURRENT ASSETS

Debtors

5

16,758

9,649

Cash at bank

-

55,992

16,758

65,641

CREDITORS

Amounts falling due within one year

6

85,061

54,696

NET CURRENT (LIABILITIES)/ASSETS

(68,303

)

10,945

TOTAL ASSETS LESS CURRENT LIABILITIES

75,273

124,582

CREDITORS

Amounts falling due after more than one year

7

29,040

29,910

NET ASSETS

46,233

94,672

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Retained earnings

36,233

84,672

SHAREHOLDERS' FUNDS

46,233

94,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd October 2025 and were signed on its behalf by:

H M Evans - Director

1.	STATUTORY INFORMATION

Marcross Holdings 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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st April 2024

153,232

9,094

4,558

Additions

-

38,544

-

Disposals

-

-

(4,558

)

At 31st March 2025

153,232

47,638

-

DEPRECIATION

At 1st April 2024

43,219

6,241

4,558

Charge for year

3,065

6,622

-

Eliminated on disposal

-

-

(4,558

)

At 31st March 2025

46,284

12,863

-

NET BOOK VALUE

At 31st March 2025

106,948

34,775

-

At 31st March 2024

110,013

2,853

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

6,850

3,434

177,168

Additions

2,000

-

40,544

Disposals

-

(3,434

)

(7,992

)

At 31st March 2025

8,850

-

209,720

DEPRECIATION

At 1st April 2024

6,379

3,134

63,531

Charge for year

618

-

10,305

Eliminated on disposal

-

(3,134

)

(7,692

)

At 31st March 2025

6,997

-

66,144

NET BOOK VALUE

At 31st March 2025

1,853

-

143,576

At 31st March 2024

471

300

113,637

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,195

2,603

VAT

4,905

-

Prepayments

8,658

7,046

16,758

9,649

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,553

-

Other loans

30,000

-

Trade creditors

22,148

14,912

Corporation Tax

(12

)

(12

)

Social security and other taxes

3,625

4,662

VAT

-

2,641

Other creditors

2,062

693

Directors' current accounts

12,116

24,483

Accruals and deferred income

11,569

7,317

85,061

54,696

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Deferred government grants

29,040

29,910

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

NIL

Ordinary

£1

-

10,000

1,000

Ordinary A

£1

1,000

-

1,000

Ordinary B

£1

1,000

-

3,000

Ordinary C

£1

3,000

-

1,000

Ordinary D

£1

1,000

-

1,000

Ordinary E

£1

1,000

-

1,500

Ordinary F

£1

1,500

-

1,500

Ordinary G

£1

1,500

-

10,000

10,000

9.	RELATED PARTY DISCLOSURES

At year end the company owed related parties £34,699 (2024 - £980).