Markethill District Enterprises Ltd
statement of Financial Activities
Year Ended 31sl August 2024
Total
2024
Total
2023
Income
Rent and Hire income
Grants
Other Income
28,088
4,379
1,240
30,278
8,675
436
33,707
39,389
Expenditure
Cost of Fundraising
Cost of Educational Activities
Cost of Charitable Activities
Governance Costs
4,019
37,438
6,022
30.555
Total payments
41,457
36,577
Net incomel{expenditure}
Transfers tollfroml funds
(Deficitllsurplus for the year
17,750}
2,812
Page 6

Markethill District Enterprises Ltd
Statement of Financial Positlon
Year Ended 31" August 2024
2024
2023
Note
Fixed asset5
Tangible assets
10,758
15,857
Current assets
Debtors
Cash al bank and in hand
1,478
99,058
2,942
94,789
Total current assets
100,536
97,731
Creditors: amounts falling due wlthln one year
(8,122)
12,438)
Net current assets
92,414
95,293
Total assets less current liabilities
103,170
111,150
Creditors
Amounts falling due after more than one year
230
Net assets
103,170
110,920
Charity Funds
Income and expenditure account
103,170
110,920
Total cha rity funds
103,170
110,920
The directors are satisfied that the company is entitled to exemption from audit under section 477 of the
Companies Act 2006 and that members have not required an audit in accordance with Section 476.
The directors acknowledge their responsibilities for complying with the requirements of Companies Act 2006
with respect to accounting records and preparation of financial stalemenls.
The financial statements have been prepared in accordance with the Special provision in Part 15 of the
Companies Act 2006 to companies subject to the small Gompanies regime.
The financial statements were approved and authorised for issue by the Board on 161h June 2025.
Signed on behalf of the board of trustees.
Alison Strong
The notes on pages 8 10 11 form part of these financial statements.
Company registration number.
NIC107116
Page 7

Markethill District Enterprises Ltd
Statement of Flnancial Position
Year Ended 31st August 2024
2024
2023
Note
Flxed assets
Tangible assets
10,756
15,857
Current assets
Debtors
Cash al bank and in hand
1.478
99,058
2,942
94,789
Total current assets
100,536
97,731
Credltors: amount5 falllng due within one year
18,122}
12,4381
Net current assets
92,414
95,293
Total assets less current Ilabilities
103,170
111,15Q
Creditors
Amounts falling due aftor more than one year
230
Net assets
103,170
110,920
Charity Funds
Incotne and expenditure account
103,170
110,920
Total charity funds
103,170
110,920
The directors are 5alislied that the company is entitled to exemption from audit under section 477 of the
Companies Act 2006 and that members have not required an audit in accordance with section 476.
The directors acknowledge their responsibilities for complyin9 with the requirements of Companies Act 2006
with respect lo accounting records and preparation of financial slalemenls.
The flnancial statements have been prepared in accordance with the special provlslon in Part 15 of the
Companies Act 2008 to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the Board on 161h June 2025.
Signed on behalf of the board of trustees.
Alison Strong
The notes on pages 8 10 11 form part of these flnancial slalements.
Company registration number..
NIC107116
Page 7

Markethill District Enterprises Ltd
Notes to the Financial Statements
st
Year Ended 31 August 2024
{e) Debtors and creditors receivable I payabl8 within one year
Debtors and creditors with no s131ed Interest rale and receivable or payable within one year are
recorded at transaction price, Any losses arising from impairrnent are recognised in expenditure.
(f) Taxation
The charity is an exempl charity within the meaning of schedule 3 of the Charities Act 2011 and Is
considered to pass the lesls sel out in Paragraph 1 Schedule S Finance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation lax purposes.
Igl Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected
level of income and expenditure foT 12 months from authorising these financial statements. The
budgeted income and expenditure is sufficient with the 5evel of reserves for the charity lo be able to
continue as a going concern.
(h) Judgements and key sources of estlmation uncertainty
The trustees do not feel there any malerlal judgemen15 or key sources of estimation uncertainly in
these accounts.
Analysis of cost of fundraising
Expenses
Support costs
Total
Cost of Fundr31sing
Analysis of expenditure on charltable actlvltles
Activities
undertaken
directly
Support
costs
Total
Gardening Club
Christmas
General expenses
2,611
915
2,611
915
493
493
3,526
493
4,019
Page 9

Markethill District Enterprise5 Ltd
Notes to the Financial Statements
st
Year Ended 31 August 2024
Trustees, and key management personnel remuneration and expenses
The Iiuslees neither received nor waived any remuneration during the year {2023'. £Nil).
The trustees did not have any expenses reimbursed during the yeai {2023 - £Nil}.
Fund reconciliation
Balance at
Balance al
31.
August
2024
InGome
Expenditure
September
2023
Unreslricled
Restricted
110,920
29,328
4,379
37,078
4,379
103,170
110,920
33,707
41,457
103,170
Page 10

Markethill District Enterprises Ltd
Notes to the Financial Statements
Year Ended 31st August 2024
2024
2023
Income
Rent Receivable
Restaurant Hlre
Creche Hire
Other income
15,088
6,500
6,500
1,240
17,278
6,500
6,500
436
Other Income
Grants received
Government grants
29,328
30,714
4,379
8,675
4,379
8,675
33,707
Expenses
Donations
Wages
Rates and water
Insurance
Light and heat
Repairs to propety
Printing, post and slalionery
Computer costs
Sundry expenses
Accounlancy
Professional Fees
Bar Licence written off
Depreciation of tangible fixed assets
Fixture and fittings
39,389
(401
{5,485)
1330)
(3,2021
16,5171
111,167)
(3941
(3501
18,0221
(970)
{6,7551
{1,048)
(2,879)
(11,8691
16,689)
{294}
12901
14,0191
{1,1101
{1,292)
{3,526)
(41,345)
(36,4451
Flnance costs
{7,638}
2,944
Bank charges
112
132
NET IDEFICIT)I SURPLUS
17,750)
2,812
Page11