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REGISTERED NUMBER: 11393648 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

Mughalestate Limited

Mughalestate Limited (Registered number: 11393648)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mughalestate Limited

Company Information
for the Year Ended 30 June 2022







DIRECTORS: Mr Yasar Mughal
Mr Qasim H Mughal





REGISTERED OFFICE: SKN Business Centre
1 Guildford Street
Birmingham
West Midlands
B19 2HN





REGISTERED NUMBER: 11393648 (England and Wales)





ACCOUNTANTS: SKN Services Ltd
Chartered Accountants
SKN Business Centre
1 Guildford Street
Birmingham
West Midlands
B19 2HN

Mughalestate Limited (Registered number: 11393648)

Balance Sheet
30 June 2022

30.6.22 30.6.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 125,977 125,977

CURRENT ASSETS
Cash at bank and in hand 9,503 113

CREDITORS
Amounts falling due within one year 5 66,778 193,844
NET CURRENT LIABILITIES (57,275 ) (193,731 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,702

(67,754

)

CREDITORS
Amounts falling due after more than one
year

6

131,871

-
NET LIABILITIES (63,169 ) (67,754 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (63,170 ) (67,755 )
SHAREHOLDERS' FUNDS (63,169 ) (67,754 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Mughalestate Limited (Registered number: 11393648)

Balance Sheet - continued
30 June 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by:





Mr Yasar Mughal - Director


Mughalestate Limited (Registered number: 11393648)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - NIL ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 July 2021
and 30 June 2022 125,977
NET BOOK VALUE
At 30 June 2022 125,977
At 30 June 2021 125,977

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade creditors - 600
Taxation and social security 131 -
Other creditors 66,647 193,244
66,778 193,844

Mughalestate Limited (Registered number: 11393648)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.22 30.6.21
£    £   
Bank loans 131,871 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 yr 131,871 -

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Yasar Mughal.