REGISTERED NUMBER: 12910856 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Makarina Property Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Lutman

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

12910856 (England and Wales)

ACCOUNTANTS:

Laytons

Chartered Accountants

6 Manchester Road

Buxton

Derbyshire

SK17 6SB

FIXED ASSETS

Tangible assets

4

222,816

223,058

CURRENT ASSETS

Debtors

8,412

7,132

Cash at bank

335,919

30,353

344,331

37,485

CREDITORS

Amounts falling due within one year

335,653

257,269

NET CURRENT ASSETS/(LIABILITIES)

8,678

(219,784

)

TOTAL ASSETS LESS CURRENT LIABILITIES

231,494

3,274

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

231,490

3,270

231,494

3,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd September 2025 and were signed by:

M Lutman - Director

1.	STATUTORY INFORMATION

Makarina Property Ltd 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.

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 etc

-

20% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

and 31st December 2024

223,320

DEPRECIATION

At 1st January 2024

262

Charge for year

242

At 31st December 2024

504

NET BOOK VALUE

At 31st December 2024

222,816

At 31st December 2023

223,058

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31st December 2024, the company owed the director £334,228 (2023: £28,574). This loan is interest free and payable on demand.