1 August 2021 false No description of principal activity Taxfiler 2022.8.3 11601973business:PrivateLimitedCompanyLtd2021-08-012022-07-31 116019732021-07-31 116019732021-08-012022-07-31 11601973business:AuditExempt-NoAccountantsReport2021-08-012022-07-31 11601973business:FullAccounts2021-08-012022-07-31 116019732022-07-31 11601973business:Director12021-08-012022-07-31 11601973business:RegisteredOffice2021-08-012022-07-31 11601973core:WithinOneYear2022-07-31 11601973core:ShareCapital2022-07-31 11601973core:RetainedEarningsAccumulatedLosses2022-07-31 11601973business:SmallEntities2021-08-012022-07-31 11601973countries:EnglandWales2021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 11601973 (England and Wales)
MASALTECH LTD. Unaudited accounts for the year ended 31 July 2022
MASALTECH LTD. Unaudited accounts Contents
Page
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MASALTECH LTD. Company Information for the year ended 31 July 2022
Director
Erdinc Pinar
Company Number
11601973 (England and Wales)
Registered Office
INTERNATIONAL HOUSE 64 NILE STREET LONDON N1 7SR ENGLAND
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MASALTECH LTD. Statement of financial position as at 31 July 2022
2022 
Notes
£ 
Current assets
Debtors
15,660 
Cash at bank and in hand
77,152 
92,812 
Creditors: amounts falling due within one year
(71,420)
Net current assets
21,392 
Net assets
21,392 
Capital and reserves
Called up share capital
100 
Profit and loss account
21,292 
Shareholders' funds
21,392 
For the year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 August 2022 and were signed on its behalf by
Erdinc Pinar Director Company Registration No. 11601973
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MASALTECH LTD. Notes to the Accounts for the year ended 31 July 2022
1
Statutory information
MASALTECH LTD. is a private company, limited by shares, registered in England and Wales, registration number 11601973. The registered office is INTERNATIONAL HOUSE, 64 NILE STREET, LONDON, N1 7SR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors: amounts falling due within one year
2022 
£ 
Trade debtors
15,660 
5
Creditors: amounts falling due within one year
2022 
£ 
Bank loans and overdrafts
20,109 
VAT
7,294 
Taxes and social security
16,048 
Proposed dividends
10,000 
Other creditors
1,346 
Loans from directors
16,623 
71,420 
6
Average number of employees
During the year the average number of employees was 2.
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