REGISTERED NUMBER: 12109987 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Mark Gang Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N K Markhoff

REGISTERED OFFICE:

86-90 Paul Street

London

EC2A 4NE

REGISTERED NUMBER:

12109987 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Tangible assets

4

11,218

12,885

Investments

5

6,110

4,557

17,328

17,442

CURRENT ASSETS

Debtors

6

-

37,210

Cash at bank

15,864

28,193

15,864

65,403

CREDITORS

Amounts falling due within one year

7

85,786

78,919

NET CURRENT LIABILITIES

(69,922

)

(13,516

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,594

)

3,926

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(52,694

)

3,826

(52,594

)

3,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 10 April 2026 and were signed by:

N K Markhoff - Director

1.	STATUTORY INFORMATION

Mark Gang Ltd 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.

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 as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a

going concern. At the year end the current liabilities exceeded current assets by £69,922. The validity

of this basis depends upon the continued support of the company's director. The director confirms that

they will give the required support.

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 each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Bicycle

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Computer

machinery

equipment

Bicycle

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

22,457

1,223

1,105

16,660

41,445

Additions

-

678

-

1,883

2,561

Disposals

(1,788

)

-

-

-

(1,788

)

At 31 July 2025

20,669

1,901

1,105

18,543

42,218

DEPRECIATION

At 1 August 2024

15,719

932

834

11,075

28,560

Charge for year

1,606

144

68

1,766

3,584

Eliminated on disposal

(1,144

)

-

-

-

(1,144

)

At 31 July 2025

16,181

1,076

902

12,841

31,000

NET BOOK VALUE

At 31 July 2025

4,488

825

203

5,702

11,218

At 31 July 2024

6,738

291

271

5,585

12,885

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 August 2024

4,557

Additions

747

Revaluations

806

At 31 July 2025

6,110

NET BOOK VALUE

At 31 July 2025

6,110

At 31 July 2024

4,557

Cost or valuation at 31 July 2025 is represented by:

Other

investments

£

Valuation in 2024

4,557

Cost

1,553

6,110

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

23,883

Other debtors

-

13,327

-

37,210

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

5,540

1,669

Trade creditors

404

1,440

Taxation and social security

3,882

45

Other creditors

75,960

75,765

85,786

78,919

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.