Company Registration No. 13384391 (England and Wales)
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD
Unaudited accounts
for the year ended 31 March 2024
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD
Unaudited accounts
Contents
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD
Company Information
for the year ended 31 March 2024
Company Number
13384391 (England and Wales)
Registered Office
Unit 7
647 Melton Road
Thurmaston
Leicester
Leicestershire
LE4 8EB
England
Accountants
Farshan & Co
Accountants & Tax Advisers
Suite 1, 2 Britannia Street
Leicester
LE1 3LE
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD
Statement of financial position
as at 31 March 2024
Tangible assets
19,735
15,666
Cash at bank and in hand
7,404
9,779
Creditors: amounts falling due within one year
(176,560)
(71,014)
Net current liabilities
(129,586)
(28,006)
Net liabilities
(109,851)
(12,340)
Called up share capital
1
1
Profit and loss account
(109,852)
(12,341)
Shareholders' funds
(109,851)
(12,340)
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 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 7 March 2025 and were signed on its behalf by
Mr.Cihat Turgut
Director
Company Registration No. 13384391
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD
Notes to the Accounts
for the year ended 31 March 2024
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 13384391. The registered office is Unit 7, 647 Melton Road, Thurmaston, Leicester, Leicestershire, LE4 8EB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
MARIMEX INSULATION AND INTERNATIONAL TRADING LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
12,605
6,500
19,105
At 31 March 2024
12,605
14,900
27,505
At 1 April 2023
2,269
1,170
3,439
Charge for the year
1,860
2,471
4,331
At 31 March 2024
4,129
3,641
7,770
At 31 March 2024
8,476
11,259
19,735
At 31 March 2023
10,336
5,330
15,666
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
176,560
71,014
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).