1 November 2022 false No description of principal activity Taxfiler 2024.4 SC465633business:PrivateLimitedCompanyLtd2022-11-012023-10-31 SC4656332022-10-31 SC4656332022-11-012023-10-31 SC465633business:AuditExemptWithAccountantsReport2022-11-012023-10-31 SC465633business:FilletedAccounts2022-11-012023-10-31 SC4656332023-10-31 SC465633business:Director12022-11-012023-10-31 SC465633business:Director22022-11-012023-10-31 SC465633business:RegisteredOffice2022-11-012023-10-31 SC4656332022-10-31 SC465633core:WithinOneYear2023-10-31 SC465633core:WithinOneYear2022-10-31 SC465633core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC465633core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 SC465633core:PreviouslyStatedAmount2023-10-31 SC465633core:PreviouslyStatedAmount2022-10-31 SC465633business:SmallEntities2022-11-012023-10-31 SC465633countries:Scotland2022-11-012023-10-31 SC465633core:LandBuildings2022-10-31 SC465633core:PlantMachinery2022-10-31 SC465633core:FurnitureFittings2022-10-31 SC465633core:LandBuildings2023-10-31 SC465633core:PlantMachinery2023-10-31 SC465633core:FurnitureFittings2023-10-31 SC465633core:LandBuildings2022-11-012023-10-31 SC465633core:PlantMachinery2022-11-012023-10-31 SC465633core:FurnitureFittings2022-11-012023-10-31 SC4656332021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC465633 (Scotland)
MARKET STREET LIMITED Unaudited accounts for the year ended 31 October 2023
MARKET STREET LIMITED Unaudited accounts Contents
Page
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MARKET STREET LIMITED Company Information for the year ended 31 October 2023
Directors
Stuart Leslie Crichton Anne Lorraine Crichton
Company Number
SC465633 (Scotland)
Registered Office
89 NETHERGATE DUNDEE ANGUS DD1 4DH
Accountants
Darren Kane MAAT Figure Four Accounting Ltd Office 2, 10 Milton Street Dundee DD3 6QQ
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MARKET STREET LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
(100)
(100)
Fixed assets
Tangible assets
58,415 
65,869 
Current assets
Inventories
10,500 
10,500 
Cash at bank and in hand
5,819 
14,306 
16,319 
24,806 
Creditors: amounts falling due within one year
(67,794)
(62,387)
Net current liabilities
(51,475)
(37,581)
Net assets
6,840 
28,188 
Capital and reserves
Profit and loss account
6,840 
28,188 
Shareholders' funds
6,840 
28,188 
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 27 July 2024 and were signed on its behalf by
Stuart Leslie Crichton Director Company Registration No. SC465633
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MARKET STREET LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
MARKET STREET LIMITED is a private company, limited by shares, registered in Scotland, registration number SC465633. The registered office is 89 NETHERGATE, DUNDEE, ANGUS, DD1 4DH.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
71,392 
10,545 
15,346 
97,283 
At 31 October 2023
71,392 
10,545 
15,346 
97,283 
Depreciation
At 1 November 2022
19,543 
7,267 
4,604 
31,414 
Charge for the year
3,570 
1,582 
2,302 
7,454 
At 31 October 2023
23,113 
8,849 
6,906 
38,868 
Net book value
At 31 October 2023
48,279 
1,696 
8,440 
58,415 
At 31 October 2022
51,849 
3,278 
10,742 
65,869 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
20,668 
8,335 
Trade creditors
47,126 
54,052 
67,794 
62,387 
6
Average number of employees
During the year the average number of employees was 20 (2022: 20).
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