Accounts Submission
Accounts Submission
MARKETSMART LIMITED
Company Registration Number:
04282143
(England and Wales)
Unaudited statutory accounts for the year ended 30 September 2019
Period of accounts
Start date: 01 October 2018
End date: 30 September 2019
MARKETSMART LIMITED
Contents of the Financial Statements
for the Period Ended 30 September 2019
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Profit and Loss Account - 5 | |
| Balance sheet - 6 | |
| Additional notes - 8 | |
| Balance sheet notes - 11 |
MARKETSMART LIMITED
Company Information
for the Period Ended 30 September 2019
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| Registered office: |
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| Company Registration Number: |
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MARKETSMART LIMITED
Directors' Report Period Ended 30 September 2019
The directors present their report with the financial statements of the company for the period ended 30 September 2019
Principal Activities
Directors
The directors shown below have held office during the whole of the period from 01 October 2018 to 30 September 2019
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
Name:
Status: Director
Name:
Status: Director
MARKETSMART LIMITED
Profit and Loss Account
for the Period Ended 30 September 2019
Notes |
2019 £ |
2018 £ |
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| Turnover |
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| Cost of sales |
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| Gross Profit or (Loss) |
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| Administrative Expenses |
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| Operating Profit or (Loss) |
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| Profit or (Loss) Before Tax |
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| Tax on Profit |
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| Profit or (Loss) for Period |
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The notes form part of these financial statements
MARKETSMART LIMITED
Balance sheet
As at
Notes |
2019 £ |
2018 £ |
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| Fixed assets | |||
| Tangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 7 |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
MARKETSMART LIMITED
Balance sheet continued
As at 30 September 2019
Notes |
2019 £ |
2018 £ |
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| Capital and reserves | |||
| Called up share capital: |
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| Profit and loss account: |
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| Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
Name:
Status: Director
Name:
Status: Director
The notes form part of these financial statements
MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102
MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
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2. Employees
2019
2018Average number of employees during the period 38 25 As an Employment Business, Agency Workers employed by the company and allocated to clients have been included in the average number of employees figure, whilst self-employed Agency Workers are excluded.
MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
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3. Off balance sheet disclosure
No
MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
4. Tangible assets
| Fixtures & fittings | Office equipment | Total | |
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| Cost | £ | £ | £ |
| At 01 October 2018 |
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| Additions | - | - | - |
| Disposals | - | - | - |
| Revaluations |
( |
( |
( |
| Transfers | - | - | - |
| At 30 September 2019 |
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| Depreciation | |||
| At 01 October 2018 | - | - | - |
| Charge for year | - | - | - |
| On disposals | - | - | - |
| Other adjustments | - | - | - |
| At 30 September 2019 | - | - | - |
| Net book value | |||
| At 30 September 2019 |
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| At 30 September 2018 |
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MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
5. Debtors
2019 £ |
2018 £ |
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| Trade debtors |
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| Total |
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MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
6.Creditors: amounts falling due within one year note
2019 £ |
2018 £ |
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| Taxation and social security |
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| Total |
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MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
7.Creditors: amounts falling due after more than one year
2019 £ |
2018 £ |
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| Bank loans and overdrafts |
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| Other creditors |
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| Total |
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MARKETSMART LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2019
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8. Post balance sheet events
On 2nd March 2020, the company acquired the Freehold of office premises it already occupied adding a substantial property asset value of £420,000 to its next balance sheet. A loan of £325,000 was taken to help facilitate the purchase and added to its long term liabilities whilst a long term debt liability of £24,589 was repaid. The company's fixed asset value will thus increase in the next financial year to approximately £450,000 with long term liabilities to approximately £325,000.