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Company Registration No. 7095769 (England and Wales)
MARKTRUCKS LIMITED Unaudited accounts for the year ended 31 December 2023
MARKTRUCKS LIMITED Unaudited accounts Contents
Page
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MARKTRUCKS LIMITED Company Information for the year ended 31 December 2023
Director
Patricia Lilian Seager
Company Number
7095769 (England and Wales)
Registered Office
54 FRENSHAM CLOSE SOUTHALL MIDDLESEX UB1 2YG United Kingdom
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MARKTRUCKS LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,046 
65,058 
Current assets
Debtors
36,794 
18,059 
Cash at bank and in hand
25,467 
56,394 
62,261 
74,453 
Creditors: amounts falling due within one year
(195,730)
(225,506)
Net current liabilities
(133,469)
(151,053)
Total assets less current liabilities
(81,423)
(85,995)
Creditors: amounts falling due after more than one year
(24,117)
(31,506)
Net liabilities
(105,540)
(117,501)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(105,541)
(117,502)
Shareholders' funds
(105,540)
(117,501)
For the year ending 31 December 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 her 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 10 February 2024 and were signed on its behalf by
Patricia Lilian Seager Director Company Registration No. 7095769
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MARKTRUCKS LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MARKTRUCKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7095769. The registered office is 54 FRENSHAM CLOSE, SOUTHALL, MIDDLESEX, UB1 2YG, United Kingdom.
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:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
421,161 
At 31 December 2023
421,161 
Depreciation
At 1 January 2023
356,103 
Charge for the year
13,012 
At 31 December 2023
369,115 
Net book value
At 31 December 2023
52,046 
At 31 December 2022
65,058 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,794 
18,059 
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MARKTRUCKS LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
46,369 
1,120 
Taxes and social security
11,565 
- 
Other creditors
137,796 
224,386 
195,730 
225,506 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,117 
31,506 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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