Company registration number 6718025 (England and Wales)
MARKETICS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
MARKETICS LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2023
31 October 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
1,954
2,442
Current assets
46,101
43,158
Creditors: amounts falling due within one year
(14,611)
(9,856)
Net current assets
31,490
33,302
Total assets less current liabilities
33,444
35,744
Creditors: amounts falling due after more than one year
(23,086)
(26,839)
Accruals and deferred income
(1,539)
(1,225)
Net assets
8,819
7,680
Capital and reserves
8,819
7,680
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

The director has a loan account with the company against which personal expenditure and drawings may be charged. The loan account with the company was overdrawn at 1 November 2022 by £18,230 (2021: £27,042) and £9,180 on 31 October 2023 (2022: £18,230). During this period, cash advances totalling £18,720 (2022: £14,000) were made and personal expenditure totalling £15,130 (2022: £26,127) was met on behalf of the director. During the same period, the loan account was credited with business expenditure paid personally totalling £nil (2022: £8,323) and reinvested dividends of £36,950 (2022: £41,050). During the period the maximum overdrawn balance on the loan was £25,463 (2022: £35,264).

 

This loan was unsecured and interest has been charged at the official rate on this advance.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
1
1

Marketics Limited is a private company limited by shares incorporated in England and Wales. The registered office is 14 Mannin Way, Lancaster Business Park, Lancaster, LA1 3SW.

For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

MARKETICS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2023
31 October 2023
- 2 -

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

 

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 28 March 2024
Mr I S King
Director
Company registration number 6718025 (England and Wales)
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