MARQS SPORT LTD - Accounts

MARQS SPORT LTD
Contents Page
For the year ended 30 June 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Registered Number: 12658216 MARQS SPORT LTD
Statement of Financial Position
As at 30 June 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	2,497	1,855
		2,497	1,855
Current assets
Stocks		60,218	20,375
Debtors		9,036	20,235
Cash at bank and in hand		34,222	62,960
		103,476	103,570
Creditors: amount falling due within one year		(105,663)	(99,497)
Net current assets		(2,187)	4,073

Total assets less current liabilities		310	5,928
Net assets		310	5,928

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		210	5,828
Shareholders' funds		310	5,928

For the year ended 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 15 August 2026 and were signed by:

-------------------------------
Rubbia SHAMS
Director

1

MARQS SPORT LTD
Notes to the Abridged Financial Statements
For the year ended 30 June 2026

General Information

MARQS SPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 12658216, registration address 81 LONDON ROAD, 1ST FLOOR LEICESTER, LE2 0PF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	10% per year Reducing Balance
Computer Equipment	20% per year 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 5 (2025 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 July 2025	4,007	2,319	6,326
Additions	-	1,266	1,266
Disposals	-	-	-
At 30 June 2026	4,007	3,585	7,592
Depreciation
At 01 July 2025	4,007	464	4,471
Charge for year	-	624	624
On disposals	-	-	-
At 30 June 2026	4,007	1,088	5,095
Net book values
Closing balance as at 30 June 2026	-	2,497	2,497
Opening balance as at 01 July 2025	-	1,855	1,855

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

2

Registered Number: 12658216
England and Wales
MARQS SPORT LTD

Abridged Accounts

Period of accounts Start date: 01 July 2025 End date: 30 June 2026