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REGISTERED NUMBER: 10561923 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Mayabbey Construction Limited

Mayabbey Construction Limited (Registered number: 10561923)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Mayabbey Construction Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: B Fallon





SECRETARY:





REGISTERED OFFICE: 2nd Floor Congress House
14, Lyon Road
Harrow
Middlesex
HA1 2EN





REGISTERED NUMBER: 10561923 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

Mayabbey Construction Limited (Registered number: 10561923)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,958 2,899
Investment property 5 135,850 135,850
148,808 138,749

CURRENT ASSETS
Debtors 6 6,057 13,418

CREDITORS
Amounts falling due within one year 7 84,019 111,886
NET CURRENT LIABILITIES (77,962 ) (98,468 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,846

40,281

CREDITORS
Amounts falling due after more than one
year

8

22,097

16,523
NET ASSETS 48,749 23,758

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 48,748 23,757
48,749 23,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Mayabbey Construction Limited (Registered number: 10561923)

Balance Sheet - continued
31 January 2023


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 director and authorised for issue on 16 October 2023 and were signed by:





B Fallon - Director


Mayabbey Construction Limited (Registered number: 10561923)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Mayabbey Construction 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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 12,213
Additions 14,379
At 31 January 2023 26,592
DEPRECIATION
At 1 February 2022 9,314
Charge for year 4,320
At 31 January 2023 13,634
NET BOOK VALUE
At 31 January 2023 12,958
At 31 January 2022 2,899

Mayabbey Construction Limited (Registered number: 10561923)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 135,850
NET BOOK VALUE
At 31 January 2023 135,850
At 31 January 2022 135,850

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 6,057 13,418

The whole of 'Other Debtor' is in respect of cis tax repayable to the company.(2021: £11,649).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 21,840 17,716
Hire purchase contracts 2,916 -
Trade creditors 11,092 1,765
Taxation and social security 13,455 15,153
Other creditors 34,716 77,252
84,019 111,886

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 12,134 16,523
Hire purchase contracts 9,963 -
22,097 16,523

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr B Fallon by virtue of his ownership of 100% of the issued ordinary share capital in the company.

Mayabbey Construction Limited

Report of the Accountants to the Director of
Mayabbey Construction Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


16 October 2023