NARKED LIMITED


Director	DOLAN, Mark


Company Secretary	FISHER, Alex


Registered Address	Whiteleaf Business Centre
	11 Little Balmer
	Buckingham
	MK18 1TF


Registered Number	03934992 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,211		962
Tangible assets	4		3,332		2,865
			4,543		3,827
Current assets
Debtors		4,240		6,011
Cash at bank and on hand		11,047		8,628
		15,287		14,639
Creditors amounts falling due within one year	5	(2,598)		(2,387)
Net current assets (liabilities)			12,689		12,252
Total assets less current liabilities			17,232		16,079
Creditors amounts falling due after one year	6		(10)		(3)
Net assets			17,222		16,076
Capital and reserves
Called up share capital			2		2
Profit and loss account			17,220		16,074
Shareholders' funds			17,222		16,076

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 1 December 2025, and are signed on its behalf by:

DOLAN, Mark
Director
Registered Company No. 03934992

NARKED LIMITED

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are recognised at cost and amortised over their estimated useful economic life. Amortisation is only provided when stock images are no longer income-generating. Their valuation is reviewed regularly and at the end of every financial year.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Office Equipment	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 March 24	1,962	1,962
Additions	383	383
At 28 February 25	2,345	2,345
Amortisation and impairment
At 01 March 24	1,000	1,000
Charge for year	134	134
At 28 February 25	1,134	1,134
Net book value
At 28 February 25	1,211	1,211
At 29 February 24	962	962

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 March 24	1,757	6,892	8,649
Additions	-	1,299	1,299
At 28 February 25	1,757	8,191	9,948
Depreciation and impairment
At 01 March 24	871	4,913	5,784
Charge for year	177	656	833
Other adjustments	(1)	-	(1)
At 28 February 25	1,047	5,569	6,616
Net book value
At 28 February 25	710	2,622	3,332
At 29 February 24	886	1,979	2,865

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	2,598	2,387
Total	2,598	2,387


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	10	3
Total	10	3