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Company Registration No. 7095769 (England and Wales)
MARKTRUCKS LIMITED Unaudited accounts for the year ended 31 December 2024
MARKTRUCKS LIMITED Unaudited accounts Contents
Page
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MARKTRUCKS LIMITED Company Information for the year ended 31 December 2024
Director
Patricia Lilian Seager
Company Number
7095769 (England and Wales)
Registered Office
54 FRENSHAM CLOSE SOUTHALL MIDDLESEX UB1 2YG United Kingdom
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MARKTRUCKS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,678 
52,046 
Current assets
Debtors
49,640 
36,794 
Cash at bank and in hand
2,528 
25,467 
52,168 
62,261 
Creditors: amounts falling due within one year
(183,856)
(195,730)
Net current liabilities
(131,688)
(133,469)
Total assets less current liabilities
(89,010)
(81,423)
Creditors: amounts falling due after more than one year
(13,469)
(24,117)
Net liabilities
(102,479)
(105,540)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(102,480)
(105,541)
Shareholders' funds
(102,479)
(105,540)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 February 2025 and were signed on its behalf by
Patricia Lilian Seager Director Company Registration No. 7095769
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MARKTRUCKS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MARKTRUCKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7095769. The registered office is 54 FRENSHAM CLOSE, SOUTHALL, MIDDLESEX, UB1 2YG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
421,161 
At 31 December 2024
421,161 
Depreciation
At 1 January 2024
369,115 
Charge for the year
9,368 
At 31 December 2024
378,483 
Net book value
At 31 December 2024
42,678 
At 31 December 2023
52,046 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
49,640 
36,794 
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MARKTRUCKS LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
56,813 
46,369 
Taxes and social security
8,540 
11,565 
Other creditors
118,503 
137,796 
183,856 
195,730 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,469 
24,117 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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