Company Registration No. 15078548 (England and Wales)
Markiz Property Ltd
Unaudited accounts
for the year ended 31 August 2025
Markiz Property Ltd
Unaudited accounts
Contents
Markiz Property Ltd
Company Information
for the year ended 31 August 2025
Company Number
15078548 (England and Wales)
Registered Office
214 Baker Street
Enfield
EN1 3JY
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JY
Markiz Property Ltd
Statement of financial position
as at 31 August 2025
Investment property
562,200
273,700
Cash at bank and in hand
60,976
46
Creditors: amounts falling due within one year
(242,740)
(102,289)
Net current liabilities
(181,764)
(102,243)
Total assets less current liabilities
380,436
171,457
Creditors: amounts falling due after more than one year
(202,480)
-
Provisions for liabilities
Net assets
177,196
171,457
Called up share capital
100
100
Revaluation reserve
3,240
-
Profit and loss account
173,856
171,357
Shareholders' funds
177,196
171,457
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 May 2026 and were signed on its behalf by
Mr R M Sozer
Director
Company Registration No. 15078548
Markiz Property Ltd
Notes to the Accounts
for the year ended 31 August 2025
Markiz Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15078548. The registered office is 214 Baker Street, Enfield, EN1 3JY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Fair value at 1 September 2024
273,700
Net gain from fair value adjustments
4,000
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
242,240
101,789
6
Creditors: amounts falling due after more than one year
2025
2024
Markiz Property Ltd
Notes to the Accounts
for the year ended 31 August 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included within other creditors is an amount of £242,240 (2024;£101,789) due to its directors. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).