Paul J Marks Ltd

	Page
Company Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—7

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Paul J Marks Ltd

Accountant's Report

For The Year Ended 31 December 2024

Accountant's Report

In accordance with the engagement letter dated 29 September 2021, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

22 September 2025

O A George & Co

Chartered Certified Accountants & Registered Auditors

104 New Cross Road

New Cross

London

SE14 5BA

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Paul J Marks Ltd

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 04995967

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,340		2,635
Investments	5		10,221		16,189

			11,561		18,824
CURRENT ASSETS
Stocks	6	1,500		1,000
Debtors	7	1,051		27
Cash at bank and in hand		4,353		518

		6,904		1,545
Creditors: Amounts Falling Due Within One Year	8	(68,179 )		(70,024 )

NET CURRENT ASSETS (LIABILITIES)			(61,275 )		(68,479 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(49,714 )		(49,655 )

NET LIABILITIES			(49,714 )		(49,655 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(49,814 )		(49,755 )

SHAREHOLDERS' FUNDS			(49,714)		(49,655)

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Paul J Marks Ltd

Balance Sheet (continued)

As At 31 December 2024

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

P J Marks

Director

22 September 2025

The notes on pages 5 to 7 form part of these financial statements.

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Paul J Marks Ltd

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Paul J Marks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04995967 . The registered office is 128 Greenfell Mansions, Glaisher Street, Deptford, London, SE8 3EX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	Depreciation at 8.33% PA
Fixtures & Fittings	Depreciation at 8.33% PA
Computer Equipment	Depreciation at 10% PA

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	16,827	1,927	451	19,205
Disposals	(3,532 )	(227 )	-	(3,759 )

As at 31 December 2024	13,295	1,700	451	15,446

...CONTINUED

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Paul J Marks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	14,611	1,643	316	16,570
Provided during the period	1,108	142	45	1,295
Disposals	(3,532 )	(227 )	-	(3,759 )

As at 31 December 2024	12,187	1,558	361	14,106

Net Book Value
As at 31 December 2024	1,108	142	90	1,340

As at 1 January 2024	2,216	284	135	2,635

5. Investments

	Unlisted
	£
Cost
As at 1 January 2024	16,189
Additions	5,782
Disposals	(6,963 )
Revaluations	(4,787 )

As at 31 December 2024	10,221

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	10,221

As at 1 January 2024	16,189

6. Stocks

	2024	2023
	£	£
Stock	1,500	1,000

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	1,051	-
Other debtors	-	27

	1,051	27

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Paul J Marks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	2,407	4,080
Other creditors	65,258	65,611
Taxation and social security	514	333

	68,179	70,024

Of the other creditors of £65,258 (2023: £65,611) in note 8 to the accounts, £36,286 (2023:£37,846) was owing by the company to the director's personal credit cards. The director continues to manage the repayments and has indicated his willingness to continue to do so untill the company is financially capable to make full repayments. In the event of the company being unable to pay, the director is willing to accept the liabilities as personal.

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

Retained

earnings

At 1 January 2024 (49,755)

Profit/(Loss) for the year (59)

----------

At 31 December 2024 (49,814)

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11. Related Party Transactions

As disclosed in notes 8 to the accounts, the director gave personal guarantees as security on the bank loan.

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Director	P J Marks

Company Number	04995967

Registered Office	128 Greenfell Mansions
	Glaisher Street
	Deptford
	London
	SE8 3EX

Accountants	O A George & Co
	Chartered Certified Accountants & Registered Auditors
	104 New Cross Road
	New Cross
	London
	SE14 5BA