REGISTERED NUMBER: 15996857 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 3 OCTOBER 2024 TO 31 DECEMBER 2025

FOR

MARKOVTECH UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Crapanzano

REGISTERED OFFICE:

79 Essex Road

Islington

N1 2SF

REGISTERED NUMBER:

15996857 (England and Wales)

AUDITORS:

Belluzzo Audit Limited

Chartered Accountants and Statutory Auditors

38 Craven Street

London

WC2N 5NG

FIXED ASSETS

Intangible assets

4

121,118

Tangible assets

5

3,611

124,729

CURRENT ASSETS

Debtors

6

791,838

Prepayments and accrued income

7,123

Cash at bank

215,980

1,014,941

CREDITORS

Amounts falling due within one year

7

(172,177

)

NET CURRENT ASSETS

842,764

TOTAL ASSETS LESS CURRENT LIABILITIES

967,493

CAPITAL AND RESERVES

Called up share capital

56,333

Share premium

2,711,356

Retained earnings

(1,800,196

)

967,493

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 3 July 2026 and were signed by:

D Crapanzano - Director

1.	STATUTORY INFORMATION

MARKOVTECH UK 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.

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.

Computer software is being amortised evenly over its estimated useful life of seven years. Amortisation commences when the asset is available for use.

Tangible fixed assets

Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer Equipment at 25% straight line

Taxation

Taxation for the period 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 period 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

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 period was 4 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

121,118

At 31 December 2025

121,118

NET BOOK VALUE

At 31 December 2025

121,118

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

4,464

At 31 December 2025

4,464

DEPRECIATION

Charge for period

853

At 31 December 2025

853

NET BOOK VALUE

At 31 December 2025

3,611

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by participating interests

735,000

Other debtors

56,838

791,838

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

12,725

Amounts owed to participating interests

8,475

Taxation and social security

42,448

Other creditors

108,529

172,177

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Tony Castagnetti (Senior Statutory Auditor)

for and on behalf of Belluzzo Audit Limited