REGISTERED NUMBER: 08775967 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

MARK IT FRESH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Kulbir Singh

Parminder Singh

Balwinder Kaur

REGISTERED OFFICE:

70 Heathfield Road

Redditch

Worcestershire

B97 5RH

REGISTERED NUMBER:

08775967 (England and Wales)

FIXED ASSETS

Intangible assets

4

46,000

46,000

Tangible assets

5

119,650

140,765

165,650

186,765

CURRENT ASSETS

Stocks

6

170,630

110,218

Debtors

7

34,007

19,927

Cash at bank and in hand

3,928

19,161

208,565

149,306

CREDITORS

Amounts falling due within one year

8

208,741

190,341

NET CURRENT LIABILITIES

(176

)

(41,035

)

TOTAL ASSETS LESS CURRENT LIABILITIES

165,474

145,730

CREDITORS

Amounts falling due after more than one year

9

-

(417

)

PROVISIONS FOR LIABILITIES

10

(22,611

)

(26,596

)

NET ASSETS

142,863

118,717

CAPITAL AND RESERVES

Called up share capital

11

150

150

Retained earnings

142,713

118,567

SHAREHOLDERS' FUNDS

142,863

118,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 July 2026 and were signed on its behalf by:

Parminder Singh - Director

1.	STATUTORY INFORMATION

Mark It Fresh 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.

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 year was 6 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

46,000

NET BOOK VALUE

At 31 March 2026

46,000

At 31 March 2025

46,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

and 31 March 2026

294,674

DEPRECIATION

At 1 April 2025

153,909

Charge for year

21,115

At 31 March 2026

175,024

NET BOOK VALUE

At 31 March 2026

119,650

At 31 March 2025

140,765

6.

STOCKS

31.3.26

31.3.25

£

£

Stocks

170,630

110,218

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Amounts owed by group undertakings

19,777

19,927

Amounts owed by associates

14,230

-

34,007

19,927

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,667

11,250

Trade creditors

11,949

19,364

Amounts owed to group undertakings

19,350

-

Tax

369

-

Social security and other taxes

1,654

564

Wages

-

2,248

Pensions

8

89

VAT

1,190

1,301

Directors' current accounts

168,547

149,888

Accrued expenses

4,007

5,637

208,741

190,341

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

-

417

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

22,611

26,596

Deferred

tax

£

Balance at 1 April 2025

26,596

Provided during year

(3,985

)

Balance at 31 March 2026

22,611

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

150

150

12.	ULTIMATE CONTROLLING PARTY

Gosal Holdings Ltd is regarded by the directors as being the company's ultimate parent company.