Company Registration No. 09875210 (England and Wales)
M&K Adventures Ltd
Unaudited accounts
for the year ended 30 April 2025
M&K Adventures Ltd
Unaudited accounts
Contents
M&K Adventures Ltd
Company Information
for the year ended 30 April 2025
Directors
Michael Zeck
Rebecca Morris
Company Number
09875210 (England and Wales)
Registered Office
THE AVENUE
ODSTOCK
SALISBURY
SP5 4JA
ENGLAND
Accountants
Guida Accountancy Ltd
14 Southwold Crescent
Benfleet
Essex
SS7 5SW
M&K Adventures Ltd
Statement of financial position
as at 30 April 2025
Intangible assets
80,300
87,600
Tangible assets
29,836
33,342
Cash at bank and in hand
338
42,180
Creditors: amounts falling due within one year
(48,519)
(43,464)
Net current (liabilities)/assets
(36,940)
13,196
Total assets less current liabilities
73,196
134,138
Creditors: amounts falling due after more than one year
(36,671)
(59,918)
Provisions for liabilities
Deferred tax
(5,264)
(6,335)
Called up share capital
204
204
Share premium
24,990
24,990
Profit and loss account
6,067
42,691
Shareholders' funds
31,261
67,885
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by
Michael Zeck
Director
Company Registration No. 09875210
M&K Adventures Ltd
Notes to the Accounts
for the year ended 30 April 2025
M&K Adventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 09875210. The registered office is THE AVENUE, ODSTOCK, SALISBURY, SP5 4JA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
M&K Adventures Ltd
Notes to the Accounts
for the year ended 30 April 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
129,998
7,587
3,500
141,085
At 30 April 2025
134,832
7,587
3,500
145,919
At 1 May 2024
98,759
5,834
3,150
107,743
Charge for the year
7,814
438
88
8,340
At 30 April 2025
106,573
6,272
3,238
116,083
At 30 April 2025
28,259
1,315
262
29,836
At 30 April 2024
31,239
1,753
350
33,342
Amounts falling due within one year
Accrued income and prepayments
5,991
4,726
M&K Adventures Ltd
Notes to the Accounts
for the year ended 30 April 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
18,456
16,989
Obligations under finance leases and hire purchase contracts
4,791
5,315
Trade creditors
15,234
14,628
Taxes and social security
8,799
1,153
Loans from directors
477
4,719
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
9,350
14,141
9
Average number of employees
During the year the average number of employees was 8 (2024: 8).