Company registration number 11325525 (England and Wales)
MARK 2 (ESTATE AGENTS) LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
MARK 2 (ESTATE AGENTS) LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
MARK 2 (ESTATE AGENTS) LTD
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
59,551
12,663
Current assets
Debtors
4
150,400
199,720
Cash at bank and in hand
277,149
238,169
427,549
437,889
Creditors: amounts falling due within one year
5
(108,841)
(85,330)
Net current assets
318,708
352,559
Total assets less current liabilities
378,259
365,222
Provisions for liabilities
(14,688)
(2,971)
Net assets
363,571
362,251
Capital and reserves
Called up share capital
6
10,100
10,100
Share premium account
14,900
14,900
Profit and loss reserves
338,571
337,251
Total equity
363,571
362,251

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 7 April 2026
Mr A M Roberts
Director
Company Registration No. 11325525
MARK 2 (ESTATE AGENTS) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Mark 2 (Estate Agents) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Bradbury House, Mission Court, Newport, Gwent, United Kingdom, NP20 2DW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% straight line
Equipment
20% straight line
Motor vehicles
25% straight line
1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment recognised in the profit and loss account in other administrative expenses.

MARK 2 (ESTATE AGENTS) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
16
16
MARK 2 (ESTATE AGENTS) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 August 2024
19,170
40,216
12,340
71,726
Additions
9,815
10,995
44,250
65,060
At 31 July 2025
28,985
51,211
56,590
136,786
Depreciation and impairment
At 1 August 2024
17,725
28,998
12,340
59,063
Depreciation charged in the year
2,262
5,420
10,490
18,172
At 31 July 2025
19,987
34,418
22,830
77,235
Carrying amount
At 31 July 2025
8,998
16,793
33,760
59,551
At 31 July 2024
1,445
11,218
-
0
12,663
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
73,162
30,511
Amounts owed by group undertakings
69,525
150,908
Other debtors
7,713
18,301
150,400
199,720
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
36,036
31,304
Corporation tax
16,017
11,278
Other taxation and social security
52,378
38,776
Other creditors
4,410
3,972
108,841
85,330
MARK 2 (ESTATE AGENTS) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
6
Called up share capital
2025
2024
£
£
Ordinary share capital - Issued and fully paid
100 Ordinary of £100 each
10,000
10,000
100 Ordinary A of £1 each
100
100
10,100
10,100
7
Related party transactions

The company paid dividends of £100,000 (2024: £14,000) to Kingcoed Holdings Limited within the year.

At the year end a balance of £69,525 (2024: £150,908) remained outstanding from Kingcoed Holdings Limited, included in debtors; amounts falling due within one year.

The company pays property rent totalling £10,000 (2024: £10,000) to Kingcoed Holdings Limited.

The above transaction is related as the directors of Kingcoed Holdings Limited are also directors of Mark 2 (Estate Agents) L td. Kingcoed Holdings limited is also the parent company of Mark 2 (Estate Agents) L t d.

8
Parent company

The ultimate parent company is Kingcoed Holdings Limited.

In the opinion of the directors, the ultimate parent company is Kingcoed Holdings Limited by virtue of its 100% shareholding, who in turn are ultimately controlled by Mr Anthony Mark Roberts by virtue of their 100% shareholding.

The registered office of Kingcoed Holdings Limited is: Bradbury House, Mission Court, Newport, NP20 2DW

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