REGISTERED NUMBER: 04753315 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

Makrep Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Collick

M A Knapman

REGISTERED OFFICE:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

GL3 3RS

REGISTERED NUMBER:

04753315 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

HSBC

4 King Street

Stroud

Gloucestershire

GL5 3DS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

45,456

57,673

45,456

57,673

CURRENT ASSETS

Debtors

6

34,388

73,298

Cash at bank

209,290

194,686

243,678

267,984

CREDITORS

Amounts falling due within one year

7

275,335

299,866

NET CURRENT LIABILITIES

(31,657

)

(31,882

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,799

25,791

PROVISIONS FOR LIABILITIES

11,364

12,688

NET ASSETS

2,435

13,103

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,433

13,101

SHAREHOLDERS' FUNDS

2,435

13,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

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

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

M A Knapman - Director

1.	STATUTORY INFORMATION

Makrep 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

Going concern

Despite net current liabilities of £31,658 at 30 April 2026 (2025 - £31,882), the accounts have been prepared on a going concern basis. The directors have reviewed future cash flows and expressed their willingness to financially support the company for the foreseeable future and therefore consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 May 2025

and 30 April 2026

15,000

Amortisation

At 1 May 2025

and 30 April 2026

15,000

Net book value

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 May 2025

11,539

8,087

78,862

6,167

104,655

Additions

-

-

-

3,321

3,321

Disposals

(9,774

)

(8,087

)

-

(1,926

)

(19,787

)

At 30 April 2026

1,765

-

78,862

7,562

88,189

Depreciation

At 1 May 2025

10,846

8,034

22,800

5,302

46,982

Charge for year

138

-

14,016

1,189

15,343

Eliminated on disposal

(9,632

)

(8,034

)

-

(1,926

)

(19,592

)

At 30 April 2026

1,352

-

36,816

4,565

42,733

Net book value

At 30 April 2026

413

-

42,046

2,997

45,456

At 30 April 2025

693

53

56,062

865

57,673

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/26

30/4/25

£

£

Trade debtors

31,327

69,287

Amounts owed by group undertakings

-

150

Other debtors

3,061

3,861

34,388

73,298

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/26

30/4/25

£

£

Trade creditors

14,822

34,288

Amounts owed to group undertakings

227,690

227,690

Taxation and social security

27,998

27,648

Other creditors

4,825

10,240

275,335

299,866

8.	RELATED PARTY DISCLOSURES

M J Collick

Director

At 30 April 2026 the above director was owed £1,200 (2025 - £1,200). The loan, included within other creditors, is interest free and has no fixed repayment terms.

M A Knapman

Director

At 30 April 2026 the above director was owed £1,200 (2025 - £1,200). The loan, included within other creditors, is interest free and has no fixed repayment terms.

Makrep Holdings Limited

The company's parent company

At 30 April 2026 Makrep Limited owed £227,690 (2025 - £227,690) to Makrep Holdings Limited. The balance is interest free with no fixed repayment terms.

Makrep E D M Solutions Limited

A fellow subsidiary of Makrep Holdings Limited

At 30 April 2026 Makrep Limited was owed £Nil (2025 - £150) from Makrep E D M Solutions Limited. The balance is interest free with no fixed repayment terms.

9.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Makrep Holdings Limited, a company registered in England and Wales. The company is controlled by M J Collick and M A Knapman, directors of Makrep Limited. Makrep Holdings Limited, which shares the same registered office as Makrep Limited, has taken the option under Section 399(2A) of the Companies Act 2006 not to prepare consolidated financial statements.