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Company Registration No. 11398293 (England and Wales)
KOLMARK LIMITED Unaudited accounts for the period from 1 July 2024 to 31 March 2025
KOLMARK LIMITED Unaudited accounts Contents
Page
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KOLMARK LIMITED Company Information for the period from 1 July 2024 to 31 March 2025
Director
Kolawole Johnson Ajayi
Company Number
11398293 (England and Wales)
Registered Office
24a Peckham Rye London SE15 4JR ENGLAND
Accountants
LIBRA ASSOCIATES (UK) LTD 133 CREEK ROAD GREENWICH LONDON SE8 3BU
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KOLMARK LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
35,810 
- 
Tangible assets
73,450 
- 
109,260 
- 
Current assets
Inventories
6,000 
4,751 
Debtors
25,736 
3,355 
Cash at bank and in hand
5,638 
9,823 
37,374 
17,929 
Creditors: amounts falling due within one year
(16,828)
(1,746)
Net current assets
20,546 
16,183 
Total assets less current liabilities
129,806 
16,183 
Creditors: amounts falling due after more than one year
(119,826)
(14,772)
Net assets
9,980 
1,411 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,979 
1,410 
Shareholders' funds
9,980 
1,411 
For the period ending 31 March 2025 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 his 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 22 July 2025 and were signed on its behalf by
Kolawole Johnson Ajayi Director Company Registration No. 11398293
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KOLMARK LIMITED Notes to the Accounts for the period from 1 July 2024 to 31 March 2025
1
Statutory information
KOLMARK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11398293. The registered office is 24a Peckham Rye, London, SE15 4JR, ENGLAND.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2024
- 
Additions
40,000 
At 31 March 2025
40,000 
Amortisation
At 1 July 2024
- 
Charge for the period
4,190 
At 31 March 2025
4,190 
Net book value
At 31 March 2025
35,810 
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KOLMARK LIMITED Notes to the Accounts for the period from 1 July 2024 to 31 March 2025
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2024
18,800 
- 
- 
18,800 
Additions
14,868 
71,376 
1,181 
87,425 
At 31 March 2025
33,668 
71,376 
1,181 
106,225 
Depreciation
At 1 July 2024
18,800 
- 
- 
18,800 
Charge for the period
2,974 
10,706 
295 
13,975 
At 31 March 2025
21,774 
10,706 
295 
32,775 
Net book value
At 31 March 2025
11,894 
60,670 
886 
73,450 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,548 
- 
Trade debtors
3,355 
3,355 
Accrued income and prepayments
13,333 
- 
Other debtors
7,500 
- 
25,736 
3,355 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,175 
- 
Trade creditors
7,889 
- 
Taxes and social security
3,164 
546 
Accruals
2,600 
1,200 
16,828 
1,746 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
10,874 
14,772 
Other creditors
43,750 
- 
Loans from directors
65,202 
- 
119,826 
14,772 
9
Transactions with related parties
The company was under the control of Mr Kolawole Johnson Ajayi during the year. Mr Kolawole Johnson Ajayi owns 100% of the issued share capital.
10
Average number of employees
During the period the average number of employees was 2 (2024: 0).
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