REGISTERED NUMBER: 01865783 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

M.K. Marking Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Curry

L A Curry

REGISTERED OFFICE:

25 Carters Lane

Kiln Farm

Milton Keynes

Buckinghamshire

MK11 3HL

REGISTERED NUMBER:

01865783 (England and Wales)

FIXED ASSETS

Tangible assets

4

159,527

110,338

CURRENT ASSETS

Stocks

24,449

21,892

Debtors

5

224,608

203,657

Cash at bank and in hand

108,643

171,981

357,700

397,530

CREDITORS

Amounts falling due within one year

6

161,902

148,427

NET CURRENT ASSETS

195,798

249,103

TOTAL ASSETS LESS CURRENT LIABILITIES

355,325

359,441

CREDITORS

Amounts falling due after more than one year

7

(86,091

)

(18,070

)

PROVISIONS FOR LIABILITIES

(18,429

)

(18,710

)

NET ASSETS

250,805

322,661

CAPITAL AND RESERVES

Called up share capital

198

198

Capital redemption reserve

200

200

Retained earnings

250,407

322,263

250,805

322,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

S D Curry - Director

1.	STATUTORY INFORMATION

M.K. Marking Systems 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% straight line on cost

Plant & machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

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

Basic Financial Assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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

Basic financial liabilities

Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant &

and

property

machinery

fittings

£

£

£

COST

At 1 February 2025

7,749

331,365

4,126

Additions

-

27,735

499

Disposals

-

(46,047

)

-

At 31 January 2026

7,749

313,053

4,625

DEPRECIATION

At 1 February 2025

6,780

272,045

2,479

Charge for year

775

12,210

363

Eliminated on disposal

-

(41,093

)

-

At 31 January 2026

7,555

243,162

2,842

NET BOOK VALUE

At 31 January 2026

194

69,891

1,783

At 31 January 2025

969

59,320

1,647

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

95,136

21,093

459,469

Additions

61,925

2,789

92,948

Disposals

(38,837

)

-

(84,884

)

At 31 January 2026

118,224

23,882

467,533

DEPRECIATION

At 1 February 2025

50,801

17,026

349,131

Charge for year

12,737

2,720

28,805

Eliminated on disposal

(28,837

)

-

(69,930

)

At 31 January 2026

34,701

19,746

308,006

NET BOOK VALUE

At 31 January 2026

83,523

4,136

159,527

At 31 January 2025

44,335

4,067

110,338

5.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

202,500

179,827

Other debtors

22,108

23,674

224,608

203,501

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

156

Aggregate amounts

224,608

203,657

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

85,177

51,188

Taxation and social security

53,753

77,615

Other creditors

22,972

19,624

161,902

148,427

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

48,980

-

Other creditors

37,111

18,070

86,091

18,070

Other creditors disclosed at the balance sheet date incudes amounts outstanding in relation to a finance lease agreement. This balance is secured against the assets to which the agreement relates and all balances full due within 5 years.

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

38,000

38,000

Between one and five years

15,833

53,833

53,833

91,833

9.	PENSION COMMITMENTS

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. The assets of the scheme are held separately from those of the company in an independently administered fund.

Contributions totalling £3,193 (2025: £1,862) were payable to the fund at the balance sheet date and are included in other creditors.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

S D Curry

Balance outstanding at start of year

58

-

Amounts advanced

(857

)

58

Amounts repaid

660

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(139

)

58

The loan is interest free and repayable on demand.

11.	SECURITIES

There is a fixed and floating charge against the present and future assets of the business which relates to the acquisition of this company