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REGISTERED NUMBER: 02999044















St Marks Services Ltd

Unaudited Financial Statements for the Year Ended 31st December 2023






St Marks Services Ltd (Registered number: 02999044)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


St Marks Services Ltd

Company Information
for the year ended 31st December 2023







DIRECTORS: K Hana
Ms A Kulawik



REGISTERED OFFICE: 10d , Beavor Industrial Estate
Brent Road
Southall
Middlesex
UB2 5FB



REGISTERED NUMBER: 02999044



ACCOUNTANTS: The Decimal Place
8 Blandfield Road
London
SW12 8BG



BANKERS: NatWest

St Marks Services Ltd (Registered number: 02999044)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4 5,171

CURRENT ASSETS
Stocks 5 62,000 170,407
Debtors 6 1,269,376 2,014,776
Cash at bank and in hand 274,212 41,418
1,605,588 2,226,601
CREDITORS
Amounts falling due within one
year

7

1,288,117

1,883,904
NET CURRENT ASSETS 317,471 342,697
TOTAL ASSETS LESS
CURRENT LIABILITIES

317,475

347,868

CREDITORS
Amounts falling due after more
than one year

8

(107,092

)

(116,052

)

PROVISIONS FOR LIABILITIES 9 - (983 )
NET ASSETS 210,383 230,833

St Marks Services Ltd (Registered number: 02999044)

Balance Sheet - continued
31st December 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 210,283 230,733
SHAREHOLDERS' FUNDS 210,383 230,833

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 30th September 2024 and were signed on its behalf by:





K Hana - Director


St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

St Marks Services Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 12 ) .

St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2023
and 31st December
2023

51,683

241,659

21,691

11,658

326,691
DEPRECIATION
At 1st January 2023 47,788 240,385 21,690 11,657 321,520
Charge for year 3,894 1,273 - - 5,167
At 31st December
2023

51,682

241,658

21,690

11,657

326,687
NET BOOK VALUE
At 31st December
2023

1

1

1

1

4
At 31st December
2022

3,895

1,274

1

1

5,171

5. STOCKS
2023 2022
£    £   
Stocks 62,000 170,407

St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade debtors 1,158,542 1,517,818
-provision for bad debts (184,011 ) (196,693 )
Amounts owed by group undertakings 11,181 -
Other debtors 3,920 292,276
Directors' current accounts 178,813 330,365
Tax : s 445 "deposit" 49,208 55,688
VAT 47,267 15,322
Deferred tax asset 4,456 -
1,269,376 2,014,776

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Bank loans and overdrafts 12,000 50,000
Trade creditors 659,544 633,179
Amounts owed to group undertakings 451,777 900,197
Tax 37,060 47,572
Social security and other taxes 2,322 3,966
Other creditors 24,774 33,092
Directors' current accounts 60,000 -
Directors' loan accounts - 165,000
Accruals and deferred income 2,500 50,898
Deferred government grants 38,140 -
1,288,117 1,883,904

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2023 2022
£    £   
Other loans - 2-5 years 107,092 116,052

St Marks Services Ltd (Registered number: 02999044)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

9. PROVISIONS FOR LIABILITIES
2022
£   
Deferred tax 983

Deferred
tax
£   
Balance at 1st January 2023 983
Provided during year (983 )
re: accelerated capital
allowances claim.,
Balance at 31st December 2023 -

** BALANCE ABOVE AT END OF YEAR RE DEFERRED TAX ON CLIENT
SCREEN OF

-
DOES NOT AGREE TO CURRENT YEAR TOTAL OF ACCOUNTS PER TB (4,456 )

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - BALANCE SHEET ITEMS - PROVISIONS FOR LIABILITIES - MOVEMENT IN PROVISIONS ETC

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)