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REGISTERED NUMBER: 08980447 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Mark Branagan Limited
T/A
Mark Branagan

Mark Branagan Limited (Registered number: 08980447)
T/A Mark Branagan






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mark Branagan Limited
T/A Mark Branagan

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr M N Branagan





REGISTERED OFFICE: Rowan House
7 West Bank
Scarborough
North Yorkshire
YO12 4DX





REGISTERED NUMBER: 08980447 (England and Wales)





ACCOUNTANTS: Asquith Accountants Ltd
Rowan House
7 West Bank
SCARBOROUGH
North Yorkshire
YO12 4DX

Mark Branagan Limited (Registered number: 08980447)
T/A Mark Branagan

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,725 593

CURRENT ASSETS
Debtors 5 56,145 74,733
Cash at bank 7,204 4,555
63,349 79,288
CREDITORS
Amounts falling due within one year 6 18,548 15,534
NET CURRENT ASSETS 44,801 63,754
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,526

64,347

PROVISIONS FOR LIABILITIES 344 113
NET ASSETS 46,182 64,234

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 46,082 64,134
SHAREHOLDERS' FUNDS 46,182 64,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 January 2025 and were signed by:



Mr M N Branagan - Director


Mark Branagan Limited (Registered number: 08980447)
T/A Mark Branagan

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Mark Branagan Limited is a private company, limited by shares , registered in England and Wales. 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.
Plant and machinery etc - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Mark Branagan Limited (Registered number: 08980447)
T/A Mark Branagan

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 5,288
Additions 2,589
At 30 April 2024 7,877
DEPRECIATION
At 1 May 2023 4,695
Charge for year 1,457
At 30 April 2024 6,152
NET BOOK VALUE
At 30 April 2024 1,725
At 30 April 2023 593

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 10,090 10,174
Other debtors 46,055 64,559
56,145 74,733

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 17,151 14,240
Other creditors 1,397 1,294
18,548 15,534

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
Mr M N Branagan
Balance outstanding at start of year 64,559 43,284
Amounts advanced 108,802 66,865
Amounts repaid (127,518 ) (45,590 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,843 64,559