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Company Registration No. 12399392 (England and Wales)
MARVITECH LTD Unaudited accounts for the year ended 31 January 2024
MARVITECH LTD Unaudited accounts Contents
Page
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MARVITECH LTD Company Information for the year ended 31 January 2024
Director
Mr. D Onah
Company Number
12399392 (England and Wales)
Registered Office
WORKSPACE HOUSE 28/29 MAXWELL ROAD PETERBOROUGH CAMBRIDGESHIRE PE2 7JE ENGLAND
Accountants
Dennis & Associates Accountants 28 -29 Maxwell Road Peterborough Cambridgeshire PE2 7JE
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MARVITECH LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
420 
Tangible assets
323 
811 
323 
1,231 
Current assets
Debtors
1,400 
4,720 
Cash at bank and in hand
7 
5 
1,407 
4,725 
Creditors: amounts falling due within one year
(25,192)
(35,495)
Net current liabilities
(23,785)
(30,770)
Total assets less current liabilities
(23,462)
(29,539)
Creditors: amounts falling due after more than one year
(6,077)
- 
Net liabilities
(29,539)
(29,539)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(29,541)
(29,541)
Shareholders' funds
(29,539)
(29,539)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 11 March 2024 and were signed on its behalf by
Mr. D Onah Director Company Registration No. 12399392
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MARVITECH LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MARVITECH LTD is a private company, limited by shares, registered in England and Wales, registration number 12399392. The registered office is WORKSPACE HOUSE, 28/29 MAXWELL ROAD, PETERBOROUGH, CAMBRIDGESHIRE, PE2 7JE, ENGLAND.
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
25%
Fixtures & fittings
25%
Computer equipment
25%
Other tangible fixed assets
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2023
1,500 
At 31 January 2024
1,500 
Amortisation
At 1 February 2023
1,080 
Charge for the year
420 
At 31 January 2024
1,500 
Net book value
At 31 January 2024
- 
At 31 January 2023
420 
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MARVITECH LTD Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
300 
1,950 
2,250 
At 31 January 2024
300 
1,950 
2,250 
Depreciation
At 1 February 2023
325 
1,114 
1,439 
Charge for the year
- 
488 
488 
At 31 January 2024
325 
1,602 
1,927 
Net book value
At 31 January 2024
(25)
348 
323 
At 31 January 2023
(25)
836 
811 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,400 
4,720 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
980 
19,879 
Other creditors
14,216 
14,216 
Loans from directors
9,996 
1,400 
25,192 
35,495 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,077 
- 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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