Company Registration No. 8477682 (England and Wales)
MARKAM LTD
Unaudited accounts
for the year ended 31 March 2024
MARKAM LTD
Unaudited accounts
Contents
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
MARKAM LTD
Statement of financial position
as at 31 March 2024
Tangible assets
39,789
49,215
Investments
310,000
100,000
Cash at bank and in hand
86,903
109,393
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
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
MARKAM LTD
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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.
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
At 31 March 2024
55,869
72,195
23,015
151,079
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
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
Valuation at 31 March 2024
310,000
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
93,252
50,077
Proposed dividends
23,000
-
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
Other creditors
15,000
40,000
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).