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Company Registration No. 9067621 (England and Wales)
MLA WEALTH MANAGEMENT LTD. Unaudited accounts for the year ended 30 June 2023
MLA WEALTH MANAGEMENT LTD. Unaudited accounts Contents
Page
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MLA WEALTH MANAGEMENT LTD. Company Information for the year ended 30 June 2023
Director
Mr M Deasy
Company Number
9067621 (England and Wales)
Registered Office
4 Marlpit Lane Coulsdon Surrey CR5 2HA
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MLA WEALTH MANAGEMENT LTD. Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,201 
1,601 
Current assets
Cash at bank and in hand
40,603 
44,816 
Creditors: amounts falling due within one year
(21,549)
(18,612)
Net current assets
19,054 
26,204 
Net assets
20,255 
27,805 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
20,245 
27,795 
Shareholders' funds
20,255 
27,805 
For the year ending 30 June 2023 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 his 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 11 October 2023 and were signed on its behalf by
Mr M Deasy Director Company Registration No. 9067621
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MLA WEALTH MANAGEMENT LTD. Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
MLA WEALTH MANAGEMENT LTD. is a private company, limited by shares, registered in England and Wales, registration number 9067621. The registered office is 4 Marlpit Lane , Coulsdon , Surrey, CR5 2HA.
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2022
5,651 
At 30 June 2023
5,651 
Depreciation
At 1 July 2022
4,050 
Charge for the year
400 
At 30 June 2023
4,450 
Net book value
At 30 June 2023
1,201 
At 30 June 2022
1,601 
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MLA WEALTH MANAGEMENT LTD. Notes to the Accounts for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,238 
1,235 
Taxes and social security
9,130 
11,099 
Loans from directors
11,181 
6,278 
21,549 
18,612 
6
Transactions with related parties
Mr Deasy, shareholder and director, has made a subordinated loan to the company of £20,000. This is included in the accounts under 'other creditors'.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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