REGISTERED NUMBER: |
Malras London Ltd |
Unaudited Financial Statements |
for the Year Ended 31 March 2023 |
REGISTERED NUMBER: |
Malras London Ltd |
Unaudited Financial Statements |
for the Year Ended 31 March 2023 |
Malras London Ltd (Registered number: 09439665) |
Contents of the Financial Statements |
for the year ended 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Malras London Ltd |
Company Information |
for the year ended 31 March 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
Malras London Ltd (Registered number: 09439665) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital | 6 |
Retained earnings | 7 | ( |
) | ( |
) |
Shareholders' funds | ( |
) | ( |
) |
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. |
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 |
Malras London Ltd (Registered number: 09439665) |
Notes to the Financial Statements |
for the year ended 31 March 2023 |
1. | Statutory information |
Malras London Ltd is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Tangible fixed assets |
Freehold properties are included in the Balance Sheet at their cost and are not being depreciated. This treatment, is contrary to the Companies' Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Going concern |
The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Tangible fixed assets |
Land and |
buildings |
£ |
Cost |
At 1 April 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 March 2022 |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other creditors |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
Malras London Ltd (Registered number: 09439665) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2023 |
7. | Reserves |
Retained |
earnings |
£ |
At 1 April 2022 | ( |
) |
Deficit for the year | ( |
) |
At 31 March 2023 | ( |
) |
8. | Related party disclosures |
Included in other creditors is £373,562 (2022 - £368,440) owed to the directors. |