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REGISTERED NUMBER: 04109541 (England and Wales)















Unaudited Financial Statements

for the Period 1 September 2023 to 28 February 2025

for

Market Street Mortgages Limited

Market Street Mortgages Limited (Registered number: 04109541)






Contents of the Financial Statements
for the Period 1 September 2023 to 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountant 7

Market Street Mortgages Limited

Company Information
for the Period 1 September 2023 to 28 February 2025







DIRECTORS: B C Varley
S Varley





SECRETARY: S Varley





REGISTERED OFFICE: Fiddler's Rest
20 Park Road
Alrewas
Burton-upon-Trent
Staffordshire
DE13 7AG





REGISTERED NUMBER: 04109541 (England and Wales)





ACCOUNTANT: Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN

Market Street Mortgages Limited (Registered number: 04109541)

Balance Sheet
28 February 2025

28.2.25 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 186,549 196,701

CURRENT ASSETS
Debtors 5 112,768 1,200
Investments 6 50,660 48,988
Cash at bank and in hand 150,983 359,816
314,411 410,004
CREDITORS
Amounts falling due within one year 7 27,200 32,172
NET CURRENT ASSETS 287,211 377,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

473,760

574,533

CREDITORS
Amounts falling due after more than one
year

8

62,866

89,087
NET ASSETS 410,894 485,446

CAPITAL AND RESERVES
Called up share capital 900 900
Retained earnings 409,994 484,546
410,894 485,446

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Market Street Mortgages Limited (Registered number: 04109541)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





B C Varley - Director


Market Street Mortgages Limited (Registered number: 04109541)

Notes to the Financial Statements
for the Period 1 September 2023 to 28 February 2025

1. STATUTORY INFORMATION

Market Street Mortgages 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.

Turnover
Turnover 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Market Street Mortgages Limited (Registered number: 04109541)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 28 February 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 205,673 61,412 267,085
Additions - 629 629
Disposals - (430 ) (430 )
At 28 February 2025 205,673 61,611 267,284
DEPRECIATION
At 1 September 2023 14,316 56,068 70,384
Charge for period 6,383 3,968 10,351
At 28 February 2025 20,699 60,036 80,735
NET BOOK VALUE
At 28 February 2025 184,974 1,575 186,549
At 31 August 2023 191,357 5,344 196,701

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 31.8.23
£    £   
Other debtors 112,768 1,200

6. CURRENT ASSET INVESTMENTS
28.2.25 31.8.23
£    £   
Other 50,660 48,988

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 31.8.23
£    £   
Bank loans and overdrafts 17,890 17,312
Taxation and social security 7,990 6,931
Other creditors 1,320 7,929
27,200 32,172

Market Street Mortgages Limited (Registered number: 04109541)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 28 February 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 31.8.23
£    £   
Bank loans 62,866 89,087

Market Street Mortgages Limited

Report of the Accountant to the Directors of
Market Street Mortgages Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 28 February 2025 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN


27 May 2025