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Company Registration No. 11807405 (England and Wales)
Marstef Ltd Unaudited accounts for the year ended 28 February 2023
Marstef Ltd Unaudited accounts Contents
Page
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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
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Marstef Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
974 
4,463 
Current assets
Debtors
400 
400 
Cash at bank and in hand
473 
2,212 
873 
2,612 
Creditors: amounts falling due within one year
(17,463)
(8,558)
Net current liabilities
(16,590)
(5,946)
Net liabilities
(15,616)
(1,483)
Capital and reserves
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
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Marstef Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25%
Fixtures & fittings
25%
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 
Depreciation
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 
Net book value
At 28 February 2023
873 
101 
974 
At 28 February 2022
1,747 
2,716 
4,463 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
400 
400 
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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 
Accruals
69 
113 
17,463 
8,558 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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