Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07147986 Mr Daryl Barker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07147986 2023-02-28 07147986 2024-02-29 07147986 2023-03-01 2024-02-29 07147986 frs-core:CurrentFinancialInstruments 2024-02-29 07147986 frs-core:ComputerEquipment 2024-02-29 07147986 frs-core:ComputerEquipment 2023-03-01 2024-02-29 07147986 frs-core:ComputerEquipment 2023-02-28 07147986 frs-core:ShareCapital 2024-02-29 07147986 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07147986 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07147986 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 07147986 frs-bus:SmallEntities 2023-03-01 2024-02-29 07147986 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07147986 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07147986 frs-bus:Director1 2023-03-01 2024-02-29 07147986 frs-countries:EnglandWales 2023-03-01 2024-02-29 07147986 2022-02-28 07147986 2023-02-28 07147986 2022-03-01 2023-02-28 07147986 frs-core:CurrentFinancialInstruments 2023-02-28 07147986 frs-core:ShareCapital 2023-02-28 07147986 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07147986
Marker Electrical Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Bailey Accountancy & Book Keeping Services
18 New Horizon Bus. Centre
Barrows Road
Harlow
Essex
CM19 5FN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07147986
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 16,891 5,666
Cash at bank and in hand 10,370 7,545
27,261 13,211
Creditors: Amounts Falling Due Within One Year 6 (19,622 ) (10,466 )
NET CURRENT ASSETS (LIABILITIES) 7,639 2,745
TOTAL ASSETS LESS CURRENT LIABILITIES 7,639 2,745
NET ASSETS 7,639 2,745
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 7,638 2,744
SHAREHOLDERS' FUNDS 7,639 2,745
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Daryl Barker
Director
10th October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Marker Electrical Ltd Registered number 07147986 is a limited by shares company incorporated in England & Wales. The Registered Office is 18 New Horizon Business Cntr , Barrows Road, Harlow, Essex, CM19 5FN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33.33%
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2023 255
As at 29 February 2024 255
Depreciation
As at 1 March 2023 255
As at 29 February 2024 255
Net Book Value
As at 29 February 2024 -
As at 1 March 2023 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,359 679
Director's loan account 4,532 4,987
16,891 5,666
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,576 3,778
Corporation tax 9,273 6,560
VAT 4,685 128
Accruals and deferred income 88 -
19,622 10,466
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 25,000 18,000
Page 3