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REGISTERED NUMBER: 09927276 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

MARTESH LIMITED

MARTESH LIMITED (REGISTERED NUMBER: 09927276)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MARTESH LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J G Berdugo





REGISTERED OFFICE: 38 Craven Street
London
WC2N 5NG





REGISTERED NUMBER: 09927276 (England and Wales)





ACCOUNTANTS: B&P Tax Legal Finance LLP
38 Craven Street
London
WC2N 5NG

MARTESH LIMITED (REGISTERED NUMBER: 09927276)

Balance Sheet
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 11,255 24,532
Cash at bank and in hand 66,496 81,478
77,751 106,010
CREDITORS
Amounts falling due within one year 5 (13,953 ) (12,549 )
NET CURRENT ASSETS 63,798 93,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,798

93,461

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 63,698 93,361
SHAREHOLDERS' FUNDS 63,798 93,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2024 and were signed by:





J G Berdugo - Director


MARTESH LIMITED (REGISTERED NUMBER: 09927276)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Martesh Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in relation to the provision of consultancy services, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are
measured initially at fair value, net of transaction costs, and are measured subsequently at
amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities,
including bank loans, are measured initially at fair value, net of transaction costs, and are
measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,255 22,510
VAT - 42
Prepayments and accrued income - 1,980
11,255 24,532

MARTESH LIMITED (REGISTERED NUMBER: 09927276)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 252
Tax 4,770 4,872
Social security and other taxes 3,415 3,395
Directors' current accounts 5,768 30
Accrued expenses - 4,000
13,953 12,549

6. RESERVES
Retained
earnings
£   

At 1 January 2023 93,361
Profit for the year 20,337
Dividends (50,000 )
At 31 December 2023 63,698

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
J G Berdugo
Balance outstanding at start of year (30 ) -
Amounts advanced 44,262 22,870
Amounts repaid (50,000 ) (22,900 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,768 ) (30 )

8. RELATED PARTY DISCLOSURES

At the end of the year £5,768 (2022: £30) is due to the director payable on demand and interest free.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J G Berdugo.