REGISTERED NUMBER: 11528891 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

MARKSON & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Carpenter

REGISTERED OFFICE:

41 Alma Vale Road

Clifton

Bristol

BS8 2HL

REGISTERED NUMBER:

11528891 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

4,294

1,049

Investment property

5

4,265,001

3,170,000

4,269,295

3,171,049

CURRENT ASSETS

Debtors

6

21,000

-

Cash at bank

12,723

105,990

33,723

105,990

CREDITORS

Amounts falling due within one year

7

2,053,316

1,537,682

NET CURRENT LIABILITIES

(2,019,593

)

(1,431,692

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,249,702

1,739,357

CREDITORS

Amounts falling due after more than one year

8

(2,021,018

)

(1,480,566

)

PROVISIONS FOR LIABILITIES

(42,641

)

(65,422

)

NET ASSETS

186,043

193,369

CAPITAL AND RESERVES

Called up share capital

9

10

10

Revaluation reserve

433,696

428,050

Retained earnings

(247,663

)

(234,691

)

SHAREHOLDERS' FUNDS

186,043

193,369

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

B Carpenter - Director

1.	STATUTORY INFORMATION

Markson & Sons 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.

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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

The accounts have been prepared on a going basis as it is the intention of the director to continue to support the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

6,211

1,399

7,610

Additions

3,726

-

3,726

At 31 August 2025

9,937

1,399

11,336

DEPRECIATION

At 1 September 2024

6,211

350

6,561

Charge for year

131

350

481

At 31 August 2025

6,342

700

7,042

NET BOOK VALUE

At 31 August 2025

3,595

699

4,294

At 31 August 2024

-

1,049

1,049

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

3,170,000

Additions

1,089,355

Revaluations

5,646

At 31 August 2025

4,265,001

NET BOOK VALUE

At 31 August 2025

4,265,001

At 31 August 2024

3,170,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2022

409,563

Valuation in 2023

30,000

Valuation in 2024

18,488

Valuation in 2025

5,647

Cost

3,801,303

4,265,001

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

21,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

21,996

2,912

Rental deposits held

7,551

5,526

Directors' current accounts

2,018,744

1,524,218

Accruals and deferred income

5,025

5,026

2,053,316

1,537,682

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Mortgage

2,021,018

1,480,566

The mortgage is secured by a fixed charge over the property owned by the company. Further detail can be found at Companies House.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

10

Ordinary

£1

10

10

10.	RELATED PARTY DISCLOSURES

The director maintains an interest free loan account with the company. At the balance sheet date the director was owed £2,018,744 (2024:£1,524,218).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is B Carpenter.