MARKOS COMMERCIAL LIMITED

Company Registration Number:
04070154 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2023

Period of accounts

Start date: 01 January 2022

End date: 30 March 2023

MARKOS COMMERCIAL LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2023

Balance sheet
Notes

MARKOS COMMERCIAL LIMITED

Balance sheet

As at 30 March 2023


Notes

15 months to 30 March 2023

2021


£

£
Fixed assets
Tangible assets: 3 70,000 70,000
Total fixed assets: 70,000 70,000
Current assets
Stocks: 0 1,751
Debtors:   58,334 344,297
Cash at bank and in hand: 7 74,268
Total current assets: 58,341 420,316
Creditors: amounts falling due within one year:   (3,263) (24,365,238)
Net current assets (liabilities): 55,078 (23,944,922)
Total assets less current liabilities: 125,078 (23,874,922)
Total net assets (liabilities): 125,078 (23,874,922)
Capital and reserves
Called up share capital: 18,500,100 18,500,100
Profit and loss account: (18,375,022) (42,375,022)
Shareholders funds: 125,078 (23,874,922)

The notes form part of these financial statements

MARKOS COMMERCIAL LIMITED

Balance sheet statements

For the year ending 30 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 April 2024
and signed on behalf of the board by:

Name: Mr MN Wakefield
Status: Director

The notes form part of these financial statements

MARKOS COMMERCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MARKOS COMMERCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

2. Employees

15 months to 30 March 2023 2021
Average number of employees during the period 5 5

MARKOS COMMERCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

3. Tangible Assets

Total
Cost £
At 01 January 2022 32,272,506
At 30 March 2023 32,272,506
Depreciation
At 01 January 2022 32,202,506
At 30 March 2023 32,202,506
Net book value
At 30 March 2023 70,000
At 31 December 2021 70,000

MARKOS COMMERCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

4. Related party transactions

The ultimate controlling party is Markos Properties Whitchurch LtdThe amounts owed to group undertakings brought forward has been written off to the profit and loss account in this period to the value of £20,119,669