REGISTERED NUMBER: 09955461 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Marrkt Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L O Hull

REGISTERED OFFICE:

Unit 10 Shires Bridge Business Park

York Road

Easingwold

York

North Yorkshire

YO61 3EQ

REGISTERED NUMBER:

09955461 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Intangible assets

4

50,000

38,583

Tangible assets

5

8,176

13,011

Investments

6

3,099

3,099

61,275

54,693

CURRENT ASSETS

Stocks

30,430

12,021

Debtors

7

185,248

176,640

Cash at bank and in hand

127,723

83,648

343,401

272,309

CREDITORS

Amounts falling due within one year

8

439,299

365,559

NET CURRENT LIABILITIES

(95,898

)

(93,250

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(34,623

)

(38,557

)

CREDITORS

Amounts falling due after more than one year

9

40,367

46,659

NET LIABILITIES

(74,990

)

(85,216

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(75,090

)

(85,316

)

SHAREHOLDERS' FUNDS

(74,990

)

(85,216

)

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 27 September 2025 and were signed by:

L O Hull - Director

1.	STATUTORY INFORMATION

Marrkt 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 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

Turnover 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

-

33% straight line

Stocks

Stocks 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 balance sheet date.

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.

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 7 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

38,873

Additions

50,000

Disposals

(38,873

)

At 31 December 2024

50,000

AMORTISATION

At 1 January 2024

290

Charge for year

1,457

Eliminated on disposal

(1,747

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

50,000

At 31 December 2023

38,583

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

41,187

Additions

7,425

Disposals

(5,860

)

At 31 December 2024

42,752

DEPRECIATION

At 1 January 2024

28,176

Charge for year

6,862

Eliminated on disposal

(462

)

At 31 December 2024

34,576

NET BOOK VALUE

At 31 December 2024

8,176

At 31 December 2023

13,011

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

3,099

NET BOOK VALUE

At 31 December 2024

3,099

At 31 December 2023

3,099

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

35,026

24,333

Other debtors

150,222

152,307

185,248

176,640

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

237,180

192,513

Taxation and social security

35,134

34,609

Other creditors

166,985

138,437

439,299

365,559

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

40,367

46,659

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

L O Hull

Balance outstanding at start of year

41,031

51,750

Amounts advanced

16,250

41,031

Amounts repaid

(50,000

)

(51,750

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,281

41,031

Interest has been charged and the loan was repaid within 9 months of the year end.