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REGISTERED NUMBER: 10471063 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Marikal Design and Build Limited

Marikal Design and Build Limited (Registered number: 10471063)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marikal Design and Build Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: R G Marsden





REGISTERED OFFICE: The Old School
Simpson Street
Sunderland
Tyne and Wear
SR4 6DR





REGISTERED NUMBER: 10471063 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Kepier House
Belmont Business Park
Durham
DH1 1TW

Marikal Design and Build Limited (Registered number: 10471063)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,388 20,987

CURRENT ASSETS
Debtors 5 425,172 256,687
Cash at bank and in hand 6,346 6,434
431,518 263,121
CREDITORS
Amounts falling due within one year 6 (379,122 ) (198,332 )
NET CURRENT ASSETS 52,396 64,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,784

85,776

CREDITORS
Amounts falling due after more than one
year

7

(811

)

(28,658

)
NET ASSETS 57,973 57,118

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 57,873 57,018
SHAREHOLDERS' FUNDS 57,973 57,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Marikal Design and Build Limited (Registered number: 10471063)

Balance Sheet - continued
30 November 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:





R G Marsden - Director


Marikal Design and Build Limited (Registered number: 10471063)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Marikal Design and Build 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from the standard.

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.

Going concern
The financial statements are prepared on the going concern basis which assumes that the company will continue to trade. However, the validity of the going concern basis is dependent upon the continued support of the director. If the company is unable to continue to trade, adjustments would be required to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and to analyse long term liabilities as current liabilities.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Income recognition
Revenue is recognised as work is completed and any unbilled income is recognised as work in progress.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - over period of the lease

Tangible fixed assets are measured at cost less any depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Marikal Design and Build Limited (Registered number: 10471063)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 1,292 42,831 44,123
DEPRECIATION
At 1 December 2023 269 22,867 23,136
Charge for year 323 14,276 14,599
At 30 November 2024 592 37,143 37,735
NET BOOK VALUE
At 30 November 2024 700 5,688 6,388
At 30 November 2023 1,023 19,964 20,987

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 56,873 2,274
Other debtors 368,299 254,413
425,172 256,687

Marikal Design and Build Limited (Registered number: 10471063)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Finance leases 17,847 7,519
Trade creditors 94,012 97,242
Taxation and social security 84,454 14,973
Other creditors 166,059 66,848
Directors' current accounts 5,000 -
Accruals and deferred income 1,750 1,750
379,122 198,332

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 811 10,000
Bank loans - 2-5 years - 811
Finance leases - 17,847
811 28,658

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

There were no related party transactions other than those concluded under normal market conditions except for those detailed below:

2024 2023
£ £

Amounts due to directors 5,000 -


No interest has been charged.