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Company Registration No. 07141593 (England and Wales)
Marcos Construction Limited Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Marcos Construction Limited Unaudited accounts Contents
Page
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Marcos Construction Limited Company Information for the period from 1 March 2023 to 28 February 2024
Director
Marco P Faria Da Silva
Company Number
07141593 (England and Wales)
Registered Office
103 Church Lane Cheshunt Hertfordshire EN8 0DU England
Accountants
Saim & Co 23 Mowbrey Gardens Loughton Essex IG10 2EU
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Marcos Construction Limited Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,086 
10,482 
Current assets
Debtors
11,316 
16,165 
Cash at bank and in hand
221,672 
263,589 
232,988 
279,754 
Creditors: amounts falling due within one year
(207,653)
(241,995)
Net current assets
25,335 
37,759 
Total assets less current liabilities
33,421 
48,241 
Creditors: amounts falling due after more than one year
(10,197)
(21,350)
Net assets
23,224 
26,891 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
23,124 
26,791 
Shareholders' funds
23,224 
26,891 
For the period ending 28 February 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 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 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 and authorised for issue on 19 November 2024 and were signed on its behalf by
Marco P Faria Da Silva Director Company Registration No. 07141593
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Marcos Construction Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Marcos Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 07141593. The registered office is 103 Church Lane, Cheshunt, Hertfordshire, EN8 0DU, England.
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 period, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
Motor vehicles
25% on cost.
Computer equipment
25% on cost.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
48,786 
22,804 
1,232 
72,822 
Additions
1,601 
- 
- 
1,601 
At 28 February 2024
50,387 
22,804 
1,232 
74,423 
Depreciation
At 1 March 2023
38,304 
22,804 
1,232 
62,340 
Charge for the period
3,997 
- 
- 
3,997 
At 28 February 2024
42,301 
22,804 
1,232 
66,337 
Net book value
At 28 February 2024
8,086 
- 
- 
8,086 
At 28 February 2023
10,482 
- 
- 
10,482 
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Marcos Construction Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
11,316 
16,165 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,500 
11,500 
Trade creditors
32,987 
32,077 
Taxes and social security
25,735 
28,224 
Loans from directors
(46,759)
(14,806)
Deferred income
184,190 
185,000 
207,653 
241,995 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,197 
21,350 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Marco P Faria Da Silva
Director loan account
14,806 
121,224 
89,272 
46,758 
14,806 
121,224 
89,272 
46,758 
The Director M Da Silva controls the company as a result of controlling directly 100% of the issued share capital. The loans was repaid in full on 31 May 2024.
10
Average number of employees
During the period the average number of employees was 3 (2023: 3).
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