COMARK MARKETING LIMITED - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04723854 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MAY 2017 TO 30 SEPTEMBER 2018

FOR

COMARK MARKETING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J JENSEN

REGISTERED OFFICE:

109 BAKER STREET

LONDON

W1U 6RP

REGISTERED NUMBER:

04723854 (England and Wales)

ACCOUNTANTS:

GOLDWYNS

CHARTERED ACCOUNTANTS

109 BAKER STREET

LONDON

W1U 6RP

CURRENT ASSETS

Cash at bank

740

33

CREDITORS

Amounts falling due within one year

5

52,144

30,541

NET CURRENT LIABILITIES

(51,404

)

(30,508

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(51,404

)

(30,508

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

(51,405

)

(30,509

)

SHAREHOLDERS' FUNDS

(51,404

)

(30,508

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 10 March 2019 and were signed by:

J JENSEN - Director

1.	STATUTORY INFORMATION

COMARK MARKETING 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The company incurred losses of £20,896 for the year ended 30 September 2018 and had net

liabilities of £ 51,404 as at 30 September 2018. The financial statements have been prepared on a

going concern basis, on the assumption of the continuing availability of financial support from the

director and shareholder. The financial statements do not include any adjustments that would arise

from a failure to obtain this financial support.

Turnover

Turnover represents net sales of services, excluding value added tax, based on delivery of service.

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

-

Straight line over 4 years

Taxation

Taxation for the period 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 period 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.

Debtors and creditors receivable/ payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are

recorded at transaction price. Any losses arising from impairment are recognized in the profit and

loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 May 2017

and 30 September 2018

4,831

5,306

10,137

DEPRECIATION

At 1 May 2017

and 30 September 2018

4,831

5,306

10,137

NET BOOK VALUE

At 30 September 2018

-

-

-

At 30 April 2017

-

-

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

223

223

Other creditors

20,700

-

Directors' current account

29,671

28,818

Accrued expenses

1,550

1,500

52,144

30,541

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

Ordinary share

£1

1

1

7.

RESERVES

Retained

earnings

£

At 1 May 2017

(30,509

)

Deficit for the period

(20,896

)

At 30 September 2018

(51,405

)