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Company Registration No. 07498915 (England and Wales)
Mark Identities Limited Unaudited accounts for the year ended 31 March 2024
Mark Identities Limited Unaudited accounts Contents
Page
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Mark Identities Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
80,987 
13,367 
Investments
25,000 
25,000 
105,987 
38,367 
Current assets
Debtors
60,499 
95,499 
Cash at bank and in hand
139,034 
48,019 
199,533 
143,518 
Creditors: amounts falling due within one year
(103,665)
(75,061)
Net current assets
95,868 
68,457 
Total assets less current liabilities
201,855 
106,824 
Creditors: amounts falling due after more than one year
(59,676)
(11,667)
Net assets
142,179 
95,157 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
142,077 
95,055 
Shareholders' funds
142,179 
95,157 
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 6 January 2025 and were signed on its behalf by
Akhtar Hussain Mohamed Sulaiman Director Company Registration No. 07498915
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Mark Identities Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Mark Identities Limited is a private company, limited by shares, registered in England and Wales, registration number 07498915. The registered office is 84 Chignal Road, Chelmsford, Essex, CM1 2JB, 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 year, 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 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% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Investments
Unlisted Investments in shares are included at cost.
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Mark Identities Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
27,265 
- 
- 
27,265 
Additions
22,833 
65,989 
1,308 
90,130 
At 31 March 2024
50,098 
65,989 
1,308 
117,395 
Depreciation
At 1 April 2023
13,898 
- 
- 
13,898 
Charge for the year
9,050 
13,198 
262 
22,510 
At 31 March 2024
22,948 
13,198 
262 
36,408 
Net book value
At 31 March 2024
27,150 
52,791 
1,046 
80,987 
At 31 March 2023
13,367 
- 
- 
13,367 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
25,000 
Valuation at 31 March 2024
25,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,120 
3,120 
Other debtors
57,379 
92,379 
60,499 
95,499 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,833 
15,418 
VAT
3,577 
8,059 
Obligations under finance leases and hire purchase contracts
3,883 
- 
Taxes and social security
37,375 
18,198 
Other creditors
50,720 
31,364 
Loans from directors
277 
22 
Accruals
2,000 
2,000 
103,665 
75,061 
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Mark Identities Limited Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,833 
11,667 
Obligations under finance leases and hire purchase contracts
53,843 
- 
59,676 
11,667 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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