REGISTERED NUMBER: 12837466 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Marketmakers International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Anthony William Hinchliffe

REGISTERED OFFICE:

The Chambers

14 Church Street

Sheffield

South Yorkshire

S1 2GN

REGISTERED NUMBER:

12837466 (England and Wales)

ACCOUNTANTS:

Landin Wilcock & Co

Chartered Accountants

68 Queen Street

Sheffield

South Yorkshire

S1 1WR

FIXED ASSETS

Tangible assets

4

90,408

103,119

CURRENT ASSETS

Debtors

5

524,207

342,826

Cash at bank

1,785

100,766

525,992

443,592

CREDITORS

Amounts falling due within one year

6

(1,405,103

)

(768,643

)

NET CURRENT LIABILITIES

(879,111

)

(325,051

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(788,703

)

(221,932

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(788,803

)

(222,032

)

(788,703

)

(221,932

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 21 November 2025 and were signed by:

Mr Anthony William Hinchliffe - Director

1.	STATUTORY INFORMATION

Marketmakers International 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

10% on cost

Tangible assets are initially recognised at cost. Subsequently they are measured at cost less accumulated depreciation and impairment losses.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern

The accounts have not been prepared on a going concern basis.

Management intends to transfer the trade and assets in the entity to another company under the ownership of the director which in turn will clear the material creditor. As such, the business is not viewed as a going concern. No adjustment has arisen regarding the accounts not being prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 96 (2023 - 90 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2023

and 31 March 2024

127,109

DEPRECIATION

At 1 April 2023

23,990

Charge for year

12,711

At 31 March 2024

36,701

NET BOOK VALUE

At 31 March 2024

90,408

At 31 March 2023

103,119

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

316,964

231,703

Other debtors

207,243

111,123

524,207

342,826

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

68,303

19,163

Taxation and social security

93,351

81,219

Other creditors

1,243,449

668,261

1,405,103

768,643