Markev Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC445704 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 January 2026

for

Markev Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

B Richards

REGISTERED OFFICE:

193 Bath Street

Glasgow

Renfrewshire

G2 4HU

REGISTERED NUMBER:

SC445704 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

317,550

267,263

CURRENT ASSETS

Stocks

14,268

9,181

Debtors

5

483,358

657,919

Cash at bank and in hand

18,623

22,349

516,249

689,449

CREDITORS

Amounts falling due within one year

6

68,085

86,188

NET CURRENT ASSETS

448,164

603,261

TOTAL ASSETS LESS CURRENT
LIABILITIES

765,714

870,524

CREDITORS

Amounts falling due after more than one year

7

(347,055

)

(257,361

)

PROVISIONS FOR LIABILITIES

9

-

(66,478

)

NET ASSETS

418,659

546,685

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

417,659

545,685

SHAREHOLDERS' FUNDS

418,659

546,685

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 October 2026 and were signed by:

B Richards - Director

1.	STATUTORY INFORMATION

Markev Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Improvements to property

-

12.5% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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.

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 16 (2025 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 February 2025

803,217

331,849

23,713

1,158,779

Additions

101,509

-

101,509

At 31 January 2026

904,726

331,849

23,713

1,260,288

DEPRECIATION

At 1 February 2025

595,857

276,807

18,853

891,517

Charge for year

38,609

11,008

1,604

51,221

At 31 January 2026

634,466

287,815

20,457

942,738

NET BOOK VALUE

At 31 January 2026

270,260

44,034

3,256

317,550

At 31 January 2025

207,360

55,042

4,860

267,262

5.

DEBTORS

31.1.26

31.1.25

£

Amounts falling due within one year:

Trade debtors

17,353

5,394

Other debtors

35,626

222,146

52,979

227,540

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

430,379

Amounts owed by associates

430,379

-

430,379

Aggregate amounts

483,358

657,919

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

4,898

10,000

Trade creditors

33,668

28,748

Taxation and social security

18,221

42,096

Other creditors

11,298

5,344

68,085

86,188

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

Bank loans

-

4,898

Amounts owed to group undertakings

-

252,463

Amounts owed to associates

347,055

-

347,055

257,361

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

Loan from parent company

347,055

324,668

The loan from Dawncrest Ltd is secured by a bond and floating charge.

9.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

Deferred tax

-

66,478

Deferred

tax

£

Balance at 1 February 2025

66,478

Provided during year

(66,478

)

Balance at 31 January 2026

-

10.	RELATED PARTY DISCLOSURES

The director is also the director in the below companies. The loans have no fixed repayment terms and the balances at the year end are as follows:

Loan balances
due from/(to)

£

Dawncrest Ltd

(347,055)

Stellar Property Group Ltd

430,379

Dawncrest Limited (incorporated in Scotland ) is regarded by the director as being the company's ultimate parent company.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Markev Limited for the year ended 31 January 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Markev Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Markev Limited and state those matters that we have agreed to state to the director of Markev Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Markev Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Markev Limited. You consider that Markev Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Markev Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

20 October 2026