Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueNo description of principal activity2023-04-01falsefalse22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09444829 2023-04-01 2024-03-31 09444829 2022-04-01 2023-03-31 09444829 2024-03-31 09444829 2023-03-31 09444829 c:Director1 2023-04-01 2024-03-31 09444829 d:ComputerEquipment 2023-04-01 2024-03-31 09444829 d:ComputerEquipment 2024-03-31 09444829 d:ComputerEquipment 2023-03-31 09444829 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09444829 d:CurrentFinancialInstruments 2024-03-31 09444829 d:CurrentFinancialInstruments 2023-03-31 09444829 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09444829 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09444829 d:ShareCapital 2024-03-31 09444829 d:ShareCapital 2023-03-31 09444829 d:RetainedEarningsAccumulatedLosses 2024-03-31 09444829 d:RetainedEarningsAccumulatedLosses 2023-03-31 09444829 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09444829 c:OrdinaryShareClass1 2024-03-31 09444829 c:OrdinaryShareClass1 2023-03-31 09444829 c:FRS102 2023-04-01 2024-03-31 09444829 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09444829 c:FullAccounts 2023-04-01 2024-03-31 09444829 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09444829 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09444829









MART LONDON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MART LONDON LIMITED
REGISTERED NUMBER: 09444829

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
172
451

  
172
451

Current assets
  

Debtors: amounts falling due within one year
 5 
3,439
3,439

  
3,439
3,439

Creditors: amounts falling due within one year
 6 
(38,534)
(18,408)

Net current liabilities
  
 
 
(35,095)
 
 
(14,969)

Total assets less current liabilities
  
(34,923)
(14,518)

  

Net liabilities
  
(34,923)
(14,518)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(35,023)
(14,618)

  
(34,923)
(14,518)


Page 1

 
MART LONDON LIMITED
REGISTERED NUMBER: 09444829
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Roggero
Director

Date: 24 February 2025

Page 2

 
MART LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Mart London Limited is a private company limited by shares and incorporated in England (registered number 09444829). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is
dependent on the director and shareholder for financial support, which the director is confident will
continue for a period of at least another 12 months following the approval of these financial
statements.
As at 31 March 2024, the company had net liabilities of £34,923. The director and shareholder
has indicated their present intention to provide adequate finance to enable the company to continue
in operational existence, and on this basis the director considers it appropriate to prepare the
financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of
financial support by the director and shareholder.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
MART LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


Page 4

 
MART LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

2024
2023
£
£

Wages and salaries
17,000
17,000

17,000
17,000


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
1,114



At 31 March 2024

1,114



Depreciation


At 1 April 2023
663


Charge for the year on owned assets
279



At 31 March 2024

942



Net book value



At 31 March 2024
172



At 31 March 2023
451

Page 5

 
MART LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
3,439
3,439

3,439
3,439




6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,758

Other creditors
36,534
13,650

Accruals and deferred income
2,000
2,000

38,534
18,408



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6