Martek Holdings Limited Small abridged accounts

MARTEK HOLDINGS LIMITED - Company Information

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Statement of Consent to Prepare Abridged Financial Statements

All of the members of Martek Holdings Limited have consented to the preparation of the abridged statement of financial position for the year ending 28 February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

COMPANY REGISTRATION NUMBER: 04023095

Martek Holdings Limited

Unaudited Abridged Financial Statements

28 February 2018

Martek Holdings Limited

Abridged Financial Statements

Year ended 28 February 2018

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	2

Martek Holdings Limited

Abridged Statement of Financial Position

28 February 2018

	2018	2017
Note	£	£

Fixed assets

Investments	5	23,832	23,832

Creditors: amounts falling due within one year	7,374	7,374
	-------	-------
Net current liabilities	7,374	7,374
	--------	--------
Total assets less current liabilities	16,458	16,458
	--------	--------

Capital and reserves

Called up share capital	2,000	2,000
Profit and loss account	14,458	14,458
	--------	--------
Members funds	16,458	16,458
	--------	--------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

These abridged financial statements were approved by the board of directors and authorised for issue on 26 June 2018 , and are signed on behalf of the board by:

Mr P Luen

Director

Company registration number: 04023095

Martek Holdings Limited

Notes to the Abridged Financial Statements

Year ended 28 February 2018

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6a Adwick Park, Manvers, Rotherham, South Yorkshire, S63 5AB, England.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to 3 (2017: 3).

5. Investments

	£
Cost
At 1 March 2017 and 28 February 2018	23,832
	--------
Impairment
At 1 March 2017 and 28 February 2018	–
	--------
Carrying amount
At 28 February 2018	23,832
	--------