REGISTERED NUMBER: 07104340 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

R J Marks Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

R J Marks

REGISTERED OFFICE:

Venture House

Calne Road

Lyneham

Chippenham

Wiltshire

SN15 4PP

BUSINESS ADDRESS:

Chequers Farm

Scotchy Lane

Stour Provost

Gillingham

SP8 5LT

REGISTERED NUMBER:

07104340 (England and Wales)

ACCOUNTANTS:

Venture

Chartered Accountants

Venture House

Calne Road

Lyneham

Chippenham

SN15 4PP

FIXED ASSETS

Property, plant and equipment

4

582,361

573,329

Investments

5

450

-

582,811

573,329

CURRENT ASSETS

Inventories

7,957

7,957

Debtors

6

143,487

93,666

Cash at bank and in hand

32,105

26,867

183,549

128,490

CREDITORS

Amounts falling due within one year

7

302,124

220,669

NET CURRENT LIABILITIES

(118,575

)

(92,179

)

TOTAL ASSETS LESS CURRENT LIABILITIES

464,236

481,150

CREDITORS

Amounts falling due after more than one year

8

(45,846

)

(88,279

)

PROVISIONS FOR LIABILITIES

(145,590

)

(143,332

)

NET ASSETS

272,800

249,539

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

272,700

249,439

SHAREHOLDERS' FUNDS

272,800

249,539

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

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

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 23 September 2025 and were signed by:

R J Marks - Director

1.	STATUTORY INFORMATION

R J Marks 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.

Turnover

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

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

-

10% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 6 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

835,662

Additions

159,838

Disposals

(106,397

)

At 31 December 2024

889,103

DEPRECIATION

At 1 January 2024

262,333

Charge for year

81,859

Eliminated on disposal

(37,450

)

At 31 December 2024

306,742

NET BOOK VALUE

At 31 December 2024

582,361

At 31 December 2023

573,329

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

450

At 31 December 2024

450

NET BOOK VALUE

At 31 December 2024

450

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

143,487

84,147

Other debtors

-

9,519

143,487

93,666

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

43,362

52,667

Trade creditors

130,212

32,134

Taxation and social security

42,261

74,821

Other creditors

86,289

61,047

302,124

220,669

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

42,390

75,352

Other creditors

3,456

12,927

45,846

88,279

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

85,752

128,019

The hire purchase liabilities are secured upon the fixed assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

50

Ordinary A

£1

50

100

50

Ordinary B

£1

50

-

100

100

On 11 December 2024 a new class of B ordinary shares were created. These shares have the same entitled to capital and voting rights. It is only the dividend rights which have been altered.