REGISTERED NUMBER: 06355153 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Mark K. Williams Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Williams

SECRETARY:

Mrs F Williams

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

06355153 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

18,333

28,333

Investments

5

39,320

35,845

57,653

64,178

CURRENT ASSETS

Debtors

6

93,353

99,524

Cash at bank

31,033

108,854

124,386

208,378

CREDITORS

Amounts falling due within one year

7

6,843

6,603

NET CURRENT ASSETS

117,543

201,775

TOTAL ASSETS LESS CURRENT LIABILITIES

175,196

265,953

PROVISIONS FOR LIABILITIES

3,839

-

NET ASSETS

171,357

265,953

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

11,515

11,802

Retained earnings

159,742

254,051

SHAREHOLDERS' FUNDS

171,357

265,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2026 and were signed by:

Mr M Williams - Director

1.	STATUTORY INFORMATION

Mark K. Williams 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.

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.

Goodwill

Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - twenty years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Investments

Investments are included at fair value. Changes in fair value are recognised in the Fair value reserve account.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

200,000

AMORTISATION

At 1 December 2024

171,667

Amortisation for year

10,000

At 30 November 2025

181,667

NET BOOK VALUE

At 30 November 2025

18,333

At 30 November 2024

28,333

Goodwill arose on the purchase of the company's share in a solicitors partnership

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 December 2024

35,845

Disposals

(77

)

Impairments

3,552

At 30 November 2025

39,320

NET BOOK VALUE

At 30 November 2025

39,320

At 30 November 2024

35,845

Cost or valuation at 30 November 2025 is represented by:

Other

investments

£

Valuation in 2017

185

Valuation in 2018

1,526

Valuation in 2019

2,269

Valuation in 2020

356

Valuation in 2021

3,589

Valuation in 2022

(3,341

)

Valuation in 2023

2,363

Valuation in 2024

4,855

Valuation in 2025

3,552

Cost

23,966

39,320

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Due from partnership

7,164

7,164

Directors' current accounts

76,126

79,839

Tax

-

2,458

83,290

89,461

Amounts falling due after more than one year:

Other debtors

10,063

10,063

Aggregate amounts

93,353

99,524

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

5,403

5,403

Accruals and deferred income

1,440

1,200

6,843

6,603

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

2025 £

2024 £

87

Ordinary A

£1

87

87

13

Ordinary B

£1

13

13

100

100

9.

RESERVES

Fair

value

reserve

£

At 1 December 2024

11,802

Unrealised surplus on revaluation of Fixed asset investments

(287

)

At 30 November 2025

11,515

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

Mr M Williams

Balance outstanding at start of year

79,839

120,286

Amounts advanced

76,500

50,334

Amounts repaid

(80,213

)

(90,781

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

76,126

79,839

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest of 2.25% per annum to 5 April 2025 and at 3.75% thereafter.