Company Registration No. 11805738 (England and Wales)
Mark Gerega Ltd
Unaudited accounts
for the year ended 28 February 2025
Mark Gerega Ltd
Unaudited accounts
Contents
Mark Gerega Ltd
Company Information
for the year ended 28 February 2025
Company Number
11805738 (England and Wales)
Registered Office
11.03 Otto Buildings
Downs Road
London
E5 8DE
England
Accountants
Daniel Sam Limited
61 Plodder Lane
Farnworth
Bolton
BL4 0BX
Mark Gerega Ltd
Statement of financial position
as at 28 February 2025
Investment property
139,576
139,576
Cash at bank and in hand
7,621
660
Creditors: amounts falling due within one year
(2,210)
(420)
Net current assets
5,515
240
Total assets less current liabilities
145,091
139,816
Creditors: amounts falling due after more than one year
(149,078)
(148,578)
Net liabilities
(3,987)
(8,762)
Called up share capital
1
1
Profit and loss account
(3,988)
(8,763)
Shareholders' funds
(3,987)
(8,762)
For the year ending 28 February 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 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 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 and authorised for issue on 24 October 2025 and were signed on its behalf by
M R Gerega
Director
Company Registration No. 11805738
Mark Gerega Ltd
Notes to the Accounts
for the year ended 28 February 2025
Mark Gerega Ltd is a private company, limited by shares, registered in England and Wales, registration number 11805738. The registered office is 11.03 Otto Buildings, Downs Road, London, E5 8DE, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Fair value at 1 March 2024
139,576
At 28 February 2025
139,576
The director considers the above amount to be reflective of the properties' aggregate fair value as at 28 February 2025.
Amounts falling due within one year
Accrued income and prepayments
104
-
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
730
-
Mark Gerega Ltd
Notes to the Accounts
for the year ended 28 February 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
149,078
148,578
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).