Registered number
09160929
Mark Residential Ltd
Filleted Accounts
31 August 2024
Mark Residential Ltd
Registered number: 09160929
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,786 3,278
Current assets
Debtors 4 165,829 165,829
Cash at bank and in hand 1,226 5,272
167,055 171,101
Creditors: amounts falling due within one year 5 (576) (576)
Net current assets 166,479 170,525
Total assets less current liabilities 169,265 173,803
Creditors: amounts falling due after more than one year 6 (18,194) (21,104)
Net assets 151,071 152,699
Capital and reserves
Called up share capital 1 1
Profit and loss account 151,070 152,698
Shareholder's funds 151,071 152,699
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
B M Bamberger
Director
Approved by the board on 23 May 2025
Mark Residential Ltd
Notes to the Accounts
for the year ended 31 August 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 (as applied to small entities by section 1A of the standard).
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
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 7,884
At 31 August 2024 7,884
Depreciation
At 1 September 2023 4,606
Charge for the year 492
At 31 August 2024 5,098
Net book value
At 31 August 2024 2,786
At 31 August 2023 3,278
4 Debtors 2024 2023
£ £
Trade debtors 13,442 13,442
Other debtors 152,387 152,387
165,829 165,829
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 576 576
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 18,194 21,104
7 Other information
Mark Residential Ltd is a private company limited by shares and incorporated in England. Its registered office is:
c/o B Olsberg
Room 9 Enterprise House
3 Middleton Rd
Manchester
M8 5DT
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