02819376falseFOOD AND SOFT DRINKS WHOLESALER2023-03-012024-02-29http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12023-03-012024-02-29http://www.companieshouse.gov.uk/pt:PlantMachinery2023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-29http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-29http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-29http://www.companieshouse.gov.uk/cd:Director22023-03-012024-02-29http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-02-29http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-02-29http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-29http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-29http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-29http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-29http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-29http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-29http://www.companieshouse.gov.uk/2024-02-29http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-29http://www.companieshouse.gov.uk/pt:LandBuildings2023-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-29http://www.companieshouse.gov.uk/pt:LandBuildings2024-02-29iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02819376

MARFAST & CO. LIMITED

ACCOUNTS
FOR THE YEAR ENDED 29/02/2024

Prepared By:
WALLER UK LIMITED
ACCOUNTANTS
28A CALLE CAMELIA
URB. CORTIJO DE TORREQUEBRADA
29630 BENALMADENA COSTA
MALAGA SPAIN

MARFAST & CO. LIMITED

ACCOUNTS
FOR THE YEAR ENDED 29/02/2024
DIRECTORS
MR M SOZOU
MRS M SOZOU
SECRETARY
MRS M SOZOU
REGISTERED OFFICE
30 BROUGHTON STREET
CHEETHAM HILL
MANCHESTER
LANCS
M8 8NN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02819376
ACCOUNTANTS
WALLER UK LIMITED
ACCOUNTANTS
28A CALLE CAMELIA
URB. CORTIJO DE TORREQUEBRADA
29630 BENALMADENA COSTA
MALAGA SPAIN

MARFAST & CO. LIMITED

ACCOUNTS
FOR THEYEARENDED29/02/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

MARFAST & CO. LIMITED

BALANCE SHEET AT 29/02/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3587,056144,757
Investment Assets410,00010,000
597,056154,757
CURRENT ASSETS
Stock521,427438,811
Debtors6104,477113,903
Cash at bank and in hand805,3231,072,415
1,431,2271,625,129
CREDITORS: Amounts falling due within one year7900,106765,276
NET CURRENT ASSETS531,121859,853
TOTAL ASSETS LESS CURRENT LIABILITIES1,128,1771,014,610
CAPITAL AND RESERVES
Called up share capital832,00032,000
Profit and loss account1,096,177982,610
SHAREHOLDERS' FUNDS1,128,1771,014,610
For the year ending 29/02/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/10/2024 and signed on their behalf by
.............................
MR M SOZOU
Director

MARFAST & CO. LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 29/02/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Commercial Vehicles 25%
Fixtures and Fittings 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20242023
No.No.
Average number of employees2323

MARFAST & CO. LIMITED

3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/03/2023-397,871135,220116,182649,273
Additions403,48875,000--478,488
At 29/02/2024403,488472,871135,220116,1821,127,761
Depreciation
At 01/03/2023-326,76173,532104,223504,516
For the year-17,77715,4222,99036,189
At 29/02/2024-344,53888,954107,213540,705
Net Book Amounts
At 29/02/2024403,488128,33346,2668,969587,056
At 28/02/2023-71,11061,68811,959144,757
4. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/03/202310,00010,000
At 29/02/202410,00010,000
Amortisation
Net Book Amounts
At 29/02/202410,00010,000
At 28/02/202310,00010,000
5. STOCK 20242023
££
Stock comprises:
Stock521,427438,811
521,427438,811
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors85,67895,207
Other debtors18,79918,696
104,477113,903

MARFAST & CO. LIMITED

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax38,48040,125
Trade creditors409,398410,629
Other creditors46,95753,841
Accruals405,271260,681
900,106765,276
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
32000 Ordinary shares of £1 each3200032000
32,00032,000