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REGISTERED NUMBER: 11214705 (England and Wales)












MARKOU PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025






MARKOU PROPERTIES LIMITED (REGISTERED NUMBER: 11214705)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARKOU PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mr M Markou
Mrs F Markou





SECRETARY: Mrs F Markou





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 11214705 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

MARKOU PROPERTIES LIMITED (REGISTERED NUMBER: 11214705)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 28.2.24
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 301 886
Investment property 5 1,263,291 1,263,291
1,263,592 1,264,177

CURRENT ASSETS
Debtors 6 1,470 1,485
Cash at bank 14,062 12,644
15,532 14,129
CREDITORS
Amounts falling due within one year 7 10,642 11,364
NET CURRENT ASSETS 4,890 2,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,268,482

1,266,942

CREDITORS
Amounts falling due after more than one year 8 1,233,866 1,243,049
NET ASSETS 34,616 23,893

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 33,616 22,893
SHAREHOLDERS' FUNDS 34,616 23,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

MARKOU PROPERTIES LIMITED (REGISTERED NUMBER: 11214705)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





Mr M Markou - Director


MARKOU PROPERTIES LIMITED (REGISTERED NUMBER: 11214705)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Markou Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

MARKOU PROPERTIES LIMITED (REGISTERED NUMBER: 11214705)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 29 February 2024
and 28 February 2025 3,152
DEPRECIATION
At 29 February 2024 2,266
Charge for year 585
At 28 February 2025 2,851
NET BOOK VALUE
At 28 February 2025 301
At 28 February 2024 886

5. INVESTMENT PROPERTY
Total
£   
COST
At 29 February 2024
and 28 February 2025 1,263,291
NET BOOK VALUE
At 28 February 2025 1,263,291
At 28 February 2024 1,263,291

Investment property was valued on an open market basis on 28 February 2020 by the director.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
PAYE/NIC overpayment - 91
Other debtors 1,000 1,000
Prepayments 470 394
1,470 1,485

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Tax 2,652 896
Directors' current accounts 391 3,559
Accruals and deferred income 5,391 4,809
Accrued expenses 2,208 2,100
10,642 11,364

MARKOU PROPERTIES LIMITED (REGISTERED NUMBER: 11214705)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 28.2.24
£    £   
Bank loans (see note 9) 852,366 852,549
Directors' loan accounts 381,500 390,500
1,233,866 1,243,049

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 852,366 852,549

9. LOANS

An analysis of the maturity of loans is given below:

28.2.25 28.2.24
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 852,366 852,549

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 28.2.24
value: £    £   
100 A Ordinary £1 100 100
900 B Ordinary £1 900 900
1,000 1,000

11. RESERVES
Retained
earnings
£   

At 29 February 2024 22,893
Profit for the year 10,723
At 28 February 2025 33,616

12. ULTIMATE CONTROLLING PARTY

There is no overall ultimate controlling party.