Registered number
SC151954
Marketec Support Services Limited
Report and Accounts
31 July 2024
Marketec Support Services Limited
Registered number: SC151954
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Current assets
Debtors 4 100,372 102,651
Cash at bank and in hand 646 482
101,018 103,133
Creditors: amounts falling due within one year 5 (4,952) (19,818)
Net current assets 96,066 83,315
Total assets less current liabilities 96,066 83,315
Creditors: amounts falling due after more than one year 6 (263,418) (233,632)
Net liabilities (167,352) (150,317)
Capital and reserves
Called up share capital 2 2
Profit and loss account (167,354) (150,319)
Shareholders' funds (167,352) (150,317)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr B Adam
Director
Approved by the board on 25 May 2025
Marketec Support Services Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 August 2023 20,947 21,000 41,947
At 31 July 2024 20,947 21,000 41,947
Depreciation
At 1 August 2023 20,947 21,000 41,947
At 31 July 2024 20,947 21,000 41,947
Net book value
At 31 July 2024 - - -
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 99,768 102,048
Prepayments (238) -
Other debtors 842 603
100,372 102,651
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,952 558
Accruals 3,000 3,000
Corporation tax - (45)
Other taxes and social security costs - 16,305
4,952 19,818
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 263,418 233,632
7 Related party transactions
Market Practical Products ltd, a company controlled by Mr Adam owed the company £83,747 by the end of this year the debt had increased to £118,391
8 Other information
Marketec Support Services Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
Unit 5
50 Cotton Street
Aberdeen
Aberdeenshire
AB11 5EE
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