MARKET NEWS 1 LIMITED

Company Registration Number:
14280048 (England and Wales)

Unaudited micro entity accounts for the year ended 31 August 2023

Period of accounts

Start date: 05 August 2022

End date: 31 August 2023

MARKET NEWS 1 LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

MARKET NEWS 1 LIMITED

Company Information

for the Period Ended 31 August 2023




Director: Sarwar Hassan NABI
Registered office: 20
Saturday Market
Beverley
England
HU17 8BB
Company Registration Number: 14280048 (England and Wales)

MARKET NEWS 1 LIMITED

Directors' Report Period Ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The director(s) shown below were appointed to the company during the period
Sarwar Hassan NABI
05 August 2023

This report was approved by the board of directors on 15 November 2023
And Signed On Behalf Of The Board By:

Name: Sarwar Hassan NABI
Status: Director

MARKET NEWS 1 LIMITED

Profit and Loss Account

for the Period Ended 31 August 2023

13 months to
31 Aug 2023
£
Turnover 217,985
Cost of Materials ( 133,680 )
Staff Costs ( 33,620 )
Depreciation and Writeoffs ( 1,083 )
Tax on Profit ( 740 )
Profit or (Loss) for Period 48,862

MARKET NEWS 1 LIMITED

Balance sheet

As at 31 August 2023

13 months to
31 Aug 2023
£
Called up share capital not paid: 1
Fixed Assets: 33,875
Current assets: 22,631
Net current assets (liabilities): 22,631
Total assets less current liabilities: 56,507
Total net assets (liabilities): 56,507
Capital and reserves: 56,507

MARKET NEWS 1 LIMITED

Balance sheet continued

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 15 November 2023
And Signed On Behalf Of The Board By:

Name: Sarwar Hassan NABI
Status: Director

The notes form part of these financial statements

MARKET NEWS 1 LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Employee Information

    Average number of employees: 2

MARKET NEWS 1 LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Off balance sheet disclosure

    No