Company Registration No. 11807405 (England and Wales)
Marstef Ltd
Unaudited accounts
for the year ended 28 February 2023
Marstef Ltd
Unaudited accounts
Contents
Marstef Ltd
Company Information
for the year ended 28 February 2023
Director
Mr Ibrahim Seifeddine
Company Number
11807405 (England and Wales)
Registered Office
2 Pound Lane
Epsom
Surrey
KT19 8RY
Accountants
Accounting and Business Solutions
9
Wentworth Road
Croydon
England
CR0 3HX
Marstef Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
473
2,212
Creditors: amounts falling due within one year
(17,463)
(8,558)
Net current liabilities
(16,590)
(5,946)
Net liabilities
(15,616)
(1,483)
Called up share capital
100
100
Profit and loss account
(15,716)
(1,583)
Shareholders' funds
(15,616)
(1,483)
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 October 2023 and were signed on its behalf by
Mr Ibrahim Seifeddine
Director
Company Registration No. 11807405
Marstef Ltd
Notes to the Accounts
for the year ended 28 February 2023
Marstef Ltd is a private company, limited by shares, registered in England and Wales, registration number 11807405. The registered office is 2 Pound Lane, Epsom, Surrey, KT19 8RY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
3,495
10,459
13,954
At 28 February 2023
3,495
10,459
13,954
At 1 March 2022
1,748
7,743
9,491
Charge for the year
874
2,615
3,489
At 28 February 2023
2,622
10,358
12,980
At 28 February 2023
873
101
974
At 28 February 2022
1,747
2,716
4,463
Amounts falling due within one year
Marstef Ltd
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
17,394
8,445
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).