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Company Registration No. 8477682 (England and Wales)
MARKAM LTD Unaudited accounts for the year ended 31 March 2024
MARKAM LTD Unaudited accounts Contents
Page
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MARKAM LTD Company Information for the year ended 31 March 2024
Directors
Marcin Downar Zapolski Kamil Klosinski
Company Number
8477682 (England and Wales)
Registered Office
33-35 Lewis Grove London SE13 6BG
Accountants
Dorota Cukierska International House 142 Cromwell Road London SW7 4EF
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MARKAM LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,789 
49,215 
Investments
310,000 
100,000 
349,789 
149,215 
Current assets
Inventories
75,200 
51,000 
Debtors
6,230 
22,054 
Cash at bank and in hand
86,903 
109,393 
168,333 
182,447 
Creditors: amounts falling due within one year
(144,781)
(52,516)
Net current assets
23,552 
129,931 
Total assets less current liabilities
373,341 
279,146 
Creditors: amounts falling due after more than one year
(60,219)
(140,674)
Net assets
313,122 
138,472 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
312,122 
137,472 
Shareholders' funds
313,122 
138,472 
For the year ending 31 March 2024 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 2 September 2024 and were signed on its behalf by
Marcin Downar Zapolski Director Company Registration No. 8477682
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MARKAM LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MARKAM LTD is a private company, limited by shares, registered in England and Wales, registration number 8477682. The registered office is 33-35 Lewis Grove, London, SE13 6BG.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
The cost (or revalued amount) less estimated residual value of a tangible fixed asset shall be depreciated on a systematic basis over its useful economic life. The depreciation method used is the reducing balance method.
Plant & machinery
25%
Fixtures & fittings
25%
Computer equipment
33%
Stocks
Stock and work in progress is valued at the lower of the cost and estimated net realisable value. Cost of raw materials is determined on the FIFO basis. In the case of work in progress and finished goods, cost includes all direct expenditure and production overheads based on the normal level of activity. Net realisable value is the price at which the stock can release in the normal course of business, less further costs to completion of sale.
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MARKAM LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
51,527 
72,195 
23,015 
146,737 
Additions
4,342 
- 
- 
4,342 
At 31 March 2024
55,869 
72,195 
23,015 
151,079 
Depreciation
At 1 April 2023
32,525 
46,572 
18,425 
97,522 
Charge for the year
5,836 
6,417 
1,515 
13,768 
At 31 March 2024
38,361 
52,989 
19,940 
111,290 
Net book value
At 31 March 2024
17,508 
19,206 
3,075 
39,789 
At 31 March 2023
19,002 
25,623 
4,590 
49,215 
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
100,000 
Additions
210,000 
Valuation at 31 March 2024
310,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,395 
- 
Trade debtors
4,835 
- 
6,230 
- 
Amounts falling due after more than one year
Trade debtors
- 
22,054 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
2,439 
Trade creditors
28,529 
- 
Taxes and social security
93,252 
50,077 
Proposed dividends
23,000 
- 
144,781 
52,516 
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MARKAM LTD Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
45,219 
100,674 
Other creditors
15,000 
40,000 
60,219 
140,674 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
10
Average number of employees
During the year the average number of employees was 22 (2023: 22).
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