| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 27 JULY 2023 TO 31 JULY 2024 |
| FOR |
| NUMBER NINE THE MARKETPLACE LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 27 JULY 2023 TO 31 JULY 2024 |
| FOR |
| NUMBER NINE THE MARKETPLACE LTD |
| NUMBER NINE THE MARKETPLACE LTD (REGISTERED NUMBER: 15033134) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Period 27 July 2023 to 31 July 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| NUMBER NINE THE MARKETPLACE LTD |
| COMPANY INFORMATION |
| for the Period 27 July 2023 to 31 July 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Beckside Court |
| Annie Reed Road |
| Beverley |
| East Yorkshire |
| HU17 0LF |
| NUMBER NINE THE MARKETPLACE LTD (REGISTERED NUMBER: 15033134) |
| BALANCE SHEET |
| 31 July 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| RESERVES |
| Retained earnings | ( |
) |
| ( |
) |
| The directors acknowledge their 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. |
| NUMBER NINE THE MARKETPLACE LTD (REGISTERED NUMBER: 15033134) |
| BALANCE SHEET - continued |
| 31 July 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| NUMBER NINE THE MARKETPLACE LTD (REGISTERED NUMBER: 15033134) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Period 27 July 2023 to 31 July 2024 |
| 1. | STATUTORY INFORMATION |
| Number Nine The Marketplace Limited is a private company, limited by shares, registered in England. The registered number of the company is 15033134 and the registered office is at 9 Market Place, Hornsea, England, HU18 1AN. |
| The financial statements are presented in the Pound Sterling (£) as this is the functional currency of business activities. |
| The principal activity of the company is retail sale in commercial art galleries. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern. |
| The directors, having taken into the factors discussed above as well as the uncertainties of the cur-rent economic environment, have a reasonable expectation that the company has adequate re-sources to continue in operational existence for the foreseeable future. |
| Turnover |
| Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts. |
| Turnover from the sale of goods is recognised at the point of sale. |
| Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date. |
| Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Stocks |
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis. |
| NUMBER NINE THE MARKETPLACE LTD (REGISTERED NUMBER: 15033134) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 27 July 2023 to 31 July 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the period 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 period 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 period was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| Additions |
| At 31 July 2024 |
| DEPRECIATION |
| Charge for period |
| At 31 July 2024 |
| NET BOOK VALUE |
| At 31 July 2024 |
| NUMBER NINE THE MARKETPLACE LTD (REGISTERED NUMBER: 15033134) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 27 July 2023 to 31 July 2024 |
| 5. | DEBTORS |
| £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other creditors |
| 7. | RELATED PARTY DISCLOSURES |
| During the year the company received £12,422 from received on its behalf. |
| Included in other debtors at the year end is a balance of £ |