Company Registration No. 15078548 (England and Wales)
Markiz Property Ltd
Unaudited accounts
for the period from 17 August 2023 to 31 August 2024
Markiz Property Ltd
Unaudited accounts
Contents
Markiz Property Ltd
Company Information
for the period from 17 August 2023 to 31 August 2024
Company Number
15078548 (England and Wales)
Registered Office
214 Baker Street
Enfield
EN1 3JY
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Markiz Property Ltd
Statement of financial position
as at 31 August 2024
Investment property
273,700
Cash at bank and in hand
46
Creditors: amounts falling due within one year
(102,289)
Net current liabilities
(102,243)
Called up share capital
100
Profit and loss account
171,357
Shareholders' funds
171,457
For the period ending 31 August 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 15 May 2025 and were signed on its behalf by
Mr R M Sozer
Director
Company Registration No. 15078548
Markiz Property Ltd
Notes to the Accounts
for the period from 17 August 2023 to 31 August 2024
Markiz Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15078548. The registered office is 214 Baker Street, Enfield, EN1 3JY, 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 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
The reporting period is from 17 August 2023 to 31 August 2024.
5
Creditors: amounts falling due within one year
2024
Loans from directors
101,789
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Markiz Property Ltd
Notes to the Accounts
for the period from 17 August 2023 to 31 August 2024
7
Transactions with related parties
Included within other creditors is an amount of £101,789 due to its directors. There are no terms as to interest or repayment in respect of this balance.
8
Average number of employees
During the period the average number of employees was 0.