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REGISTERED NUMBER: 15033134 (England and Wales)















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: Ms S H King
Ms H Ramsdale





REGISTERED OFFICE: 9 Market Place
Hornsea
HU18 1AN





REGISTERED NUMBER: 15033134 (England and Wales)





ACCOUNTANTS: Sowerby
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 1,330

CURRENT ASSETS
Stocks 1,760
Debtors 5 1,678
Cash at bank and in hand 3,781
7,219
CREDITORS
Amounts falling due within one year 6 11,755
NET CURRENT LIABILITIES (4,536 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,206

)

RESERVES
Retained earnings (3,206 )
(3,206 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:




Ms H Ramsdale - Director



Ms S H King - Director


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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

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 2 .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 1,663
At 31 July 2024 1,663
DEPRECIATION
Charge for period 333
At 31 July 2024 333
NET BOOK VALUE
At 31 July 2024 1,330

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 1,069

Amounts falling due after more than one year:
Other debtors 609

Aggregate amounts 1,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 11,755

7. RELATED PARTY DISCLOSURES

During the year the company received £12,422 from Botany Boutique Limited a company controlled by S King for sales
received on its behalf.
Included in other debtors at the year end is a balance of £609.
All transactions were conducted under arms length conditions