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REGISTERED NUMBER: 02999044















St Marks Services Ltd

Unaudited Financial Statements for the Year Ended 31st December 2022






St Marks Services Ltd (Registered number: 02999044)






Contents of the Financial Statements
for the year ended 31st December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


St Marks Services Ltd

Company Information
for the year ended 31st December 2022







DIRECTORS: K Hana
Ms A Kulawik



REGISTERED OFFICE: 10d , Beavor Industrial Estate
Brent Road
Southall
Middlesex
UB2 5FB



REGISTERED NUMBER: 02999044



ACCOUNTANTS: The Decimal Place
8 Blandfield Road
London
SW12 8BG



BANKERS: NatWest

St Marks Services Ltd (Registered number: 02999044)

Balance Sheet
31st December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,171 31,068

CURRENT ASSETS
Stocks 5 170,407 52,960
Debtors 6 1,763,747 1,380,138
Cash at bank 41,418 434,762
1,975,572 1,867,860
CREDITORS
Amounts falling due within one
year

7

1,699,148

1,429,355
NET CURRENT ASSETS 276,424 438,505
TOTAL ASSETS LESS
CURRENT LIABILITIES

281,595

469,573

CREDITORS
Amounts falling due after more
than one year

8

(116,052

)

(180,958

)

PROVISIONS FOR LIABILITIES 9 (983 ) (5,903 )
NET ASSETS 164,560 282,712

St Marks Services Ltd (Registered number: 02999044)

Balance Sheet - continued
31st December 2022

2022 2021
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 164,460 282,612
SHAREHOLDERS' FUNDS 164,560 282,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2022 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 27th September 2023 and were signed on its behalf by:





K Hana - Director


St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements
for the year ended 31st December 2022

1. STATUTORY INFORMATION

St Marks Services Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

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 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.


St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2022

2. ACCOUNTING POLICIES - continued
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 12 (2021 - 14 ) .

St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2022 51,683 239,961 21,691 11,658 324,993
Additions - 1,698 - - 1,698
At 31st December
2022

51,683

241,659

21,691

11,658

326,691
DEPRECIATION
At 1st January 2022 38,761 232,947 10,560 11,657 293,925
Charge for year 7,752 18,552 1,291 - 27,595
Reclassification/transfer 1,275 (11,114 ) 9,839 - -
At 31st December
2022

47,788

240,385

21,690

11,657

321,520
NET BOOK VALUE
At 31st December
2022

3,895

1,274

1

1

5,171
At 31st December
2021

12,922

7,014

11,131

1

31,068

5. STOCKS
2022 2021
£    £   
Stocks 170,407 52,960

St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2022 2021
£    £   
Trade debtors 1,518,280 1,235,694
-provision for bad debts (196,693 ) (184,010 )
Other debtors 217,896 1,800
Due to companies under
common control - 127,080
Directors' current accounts 165,365 123,045
Tax : s 445 "deposit" 43,577 43,577
VAT 15,322 32,952
1,763,747 1,380,138

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2022 2021
£    £   
Bank loans and overdrafts 50,000 35,000
Trade creditors 633,179 1,313,001
Amounts owed to group undertakings 900,197 -
Tax 27,816 36,188
Social security and other taxes 3,966 2,064
Other creditors 33,092 14,615
Accruals and deferred income 50,898 28,487
1,699,148 1,429,355

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2022 2021
£    £   
Other loans - 2-5 years 116,052 180,958

9. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 983 5,903

St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2022

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st January 2022 5,903
re: accelerated capital (4,920 )
allowances claim.,
Balance at 31st December 2022 983

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1st January 2022 282,612
Deficit for the year (54,152 )
Dividends (64,000 )
At 31st December 2022 164,460