Markou Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11214705 (England and Wales)

MARKOU PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Markou

Mrs F Markou

SECRETARY:

Mrs F Markou

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

11214705 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Property, plant and equipment

4

1,557

301

Investment property

5

1,263,291

1,264,848

1,263,592

CURRENT ASSETS

Debtors

6

990

1,470

Cash at bank

10,005

14,062

10,995

15,532

CREDITORS

Amounts falling due within one year

7

8,188

10,642

NET CURRENT ASSETS

2,807

4,890

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,267,655

1,268,482

CREDITORS

Amounts falling due after more than one
year

8

1,222,388

1,233,866

NET ASSETS

45,267

34,616

CAPITAL AND RESERVES

Called up share capital

10

1,000

Retained earnings

11

44,267

33,616

SHAREHOLDERS' FUNDS

45,267

34,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 16 July 2026 and were signed on its behalf by:

Mr M Markou - Director

1.	STATUTORY INFORMATION

Markou Properties 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

Revenue 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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 March 2025

3,152

Additions

2,078

At 28 February 2026

5,230

DEPRECIATION

At 1 March 2025

2,851

Charge for year

822

At 28 February 2026

3,673

NET BOOK VALUE

At 28 February 2026

1,557

At 28 February 2025

301

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 March 2025

and 28 February 2026

1,263,291

NET BOOK VALUE

At 28 February 2026

1,263,291

At 28 February 2025

1,263,291

Investment property was valued on an open market basis on 28 February 2020 by the director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Other debtors

-

1,000

Prepayments

990

470

990

1,470

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Tax

2,220

2,652

Directors' current accounts

412

391

Accruals and deferred income

3,216

5,391

Accrued expenses

2,340

2,208

8,188

10,642

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28.2.26

28.2.25

£

Bank loans (see note 9)

852,388

852,366

Directors' loan accounts

370,000

381,500

1,222,388

1,233,866

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

852,388

852,366

9.

LOANS

An analysis of the maturity of loans is given below:

28.2.26

28.2.25

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

852,388

852,366

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

100

A Ordinary

£1

100

900

B Ordinary

£1

900

1,000

11.

RESERVES

Retained

earnings

£

At 1 March 2025

33,616

Profit for the year

10,651

At 28 February 2026

44,267

12.	ULTIMATE CONTROLLING PARTY

There is no overall ultimate controlling party.