MOINSONS UK LIMITED


Director	Faisal Moin Quraishi


Registered Address	Skn Business Centre
	1 Guildford Street
	Birmingham
	B19 2HN


Place of Business


Registered Number	08895844 (England and Wales)

Balance Sheet as at
28 February 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		9,213		12,284
			9,213		12,284
Current assets
Stocks		17,515		19,934
Debtors		8,978		74,788
Cash at bank and on hand		32,763		7,775
		59,256		102,497
Creditors amounts falling due within one year	7	(100,481)		(151,376)
Net current assets (liabilities)			(41,225)		(48,879)
Total assets less current liabilities			(32,012)		(36,595)
Net assets			(32,012)		(36,595)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(32,112)		(36,695)
Shareholders' funds			(32,012)		(36,595)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 4 October 2023, and are signed on its behalf by:

Faisal Moin Quraishi
Director
Registered Company No. 08895844

MOINSONS UK LIMITED

Notes to the Financial Statements
for the year ended 28 February 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	Employee information


		2023		2022
	Average number of employees during the year	1		1

5.	Property, plant and equipment

		Total
		£
	Cost or valuation
	At 01 March 22	52,794
	At 28 February 23	52,794
	Depreciation and impairment
	At 01 March 22	40,509
	Charge for year	3,072
	At 28 February 23	43,580
	Net book value
	At 28 February 23	9,213
	At 28 February 22	12,284

6.	Debtors within one year

	2023	2022
	£	£
Trade debtors / trade receivables	1,300	33,000
Other debtors	7,678	41,788
Total	8,978	74,788

7.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	180	252
Taxation and social security	1,200	2,247
Other creditors	99,101	148,877
Total	100,481	151,376