Mark and Simon Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07616640

Mark and Simon Limited

Filleted Unaudited Financial Statements

30 April 2025

Mark and Simon Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	5	390,158	323,890
Investments	6	100	100
Cash at bank and in hand		85,063	104,432
		---------	---------
		475,321	428,422

Creditors: amounts falling due within one year	7	5,313		596
		---------		---------
Net current assets			470,008	427,826
			---------	---------
Total assets less current liabilities			470,008	427,826
			---------	---------
Net assets			470,008	427,826
			---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	469,908	427,726
	---------	---------
Shareholders funds	470,008	427,826
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

S Dixon Esq
Director

Company registration number: 07616640

Mark and Simon Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is TML House, 1a The Anchorage, Gosport, Hampshire, PO12 1LY, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

No significant judgements have been made by the directors in preparing these financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

4. Staff

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Debtors

	2025	2024
	£	£
Other debtors	390,158	323,890
	---------	---------

6. Investments

	2025	2024
	£	£
Other investments	100	100
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	4,717	–
Other creditors	596	596
	-------	----
	5,313	596
	-------	----

8. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
S Dixon Esq	645	16	661
M Dixon Esq	36,628	( 5,220)	31,408
	--------	-------	--------
	37,273	( 5,204)	32,069
	--------	-------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
S Dixon Esq	633	12	645
M Dixon Esq	41,702	( 5,074)	36,628
	--------	-------	--------
	42,335	( 5,062)	37,273
	--------	-------	--------

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
SD Plastering Ltd	3,988	47,111	206,545	202,557
Com-Part Products Limited	–	–	200	200
DXN Building Solutions Limited	–	70,000	70,000	70,000
	-------	--------	---------	---------

S Dixon Esq and M Dixon Esq each own forty five percent of the issued voting share capital in SD Plastering Limited. S Dixon Esq and M Dixon Esq each own fifty percent of the issued voting share capital in Com-Part Products Limited. S Dixon Esq and M Dixon Esq each own fifty percent of the issued voting share capital in DXN Building Solutions Limited.