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Company Registration No. 12463443 (England and Wales)
M4L HOLDINGS LIMITED Unaudited accounts for the year ended 28 February 2023
M4L HOLDINGS LIMITED Unaudited accounts Contents
Page
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M4L HOLDINGS LIMITED Company Information for the year ended 28 February 2023
Directors
A Hussain N M Hussain
Company Number
12463443 (England and Wales)
Registered Office
56-58 STATION ROAD CROSSGATES LEEDS WEST YORKSHIRE LS15 7JY ENGLAND
Accountants
Arif Khan Accountants Limited 25 Whetley Lane Bradford W Yorkshire BD8 9EH
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M4L HOLDINGS LIMITED Accountants' report
Accountants' report to the board of directors of M4L HOLDINGS LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 28 February 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 28 February 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Arif Khan Accountants Limited 25 Whetley Lane Bradford W Yorkshire BD8 9EH 6 November 2023
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M4L HOLDINGS LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
183,731 
183,731 
Investments
660 
660 
184,391 
184,391 
Current assets
Debtors
739,746 
737,746 
Cash at bank and in hand
798,490 
655,220 
1,538,236 
1,392,966 
Creditors: amounts falling due within one year
(53,463)
(67,325)
Net current assets
1,484,773 
1,325,641 
Net assets
1,669,164 
1,510,032 
Capital and reserves
Called up share capital
660 
660 
Profit and loss account
1,668,504 
1,509,372 
Shareholders' funds
1,669,164 
1,510,032 
For the year ending 28 February 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 directors acknowledge 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 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 of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by
A Hussain Director Company Registration No. 12463443
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M4L HOLDINGS LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
M4L HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12463443. The registered office is 56-58 STATION ROAD, CROSSGATES, LEEDS, WEST YORKSHIRE, LS15 7JY, ENGLAND.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement.
Investments
Investments in shares are included at fair value.
4
Investment property
2023 
£ 
Fair value at 1 March 2022
183,731 
At 28 February 2023
183,731 
Investment property comprises of residential and commercial property. The valuation of the property was made 28th February 2023 by Mr A Hussain a director of the company on an open market value £183,731.
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 March 2022
660 
Valuation at 28 February 2023
660 
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M4L HOLDINGS LIMITED Notes to the Accounts for the year ended 28 February 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
36,146 
34,146 
Other debtors
3,600 
3,600 
39,746 
37,746 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
500,000 
500,000 
Other debtors
200,000 
200,000 
700,000 
700,000 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,144 
2,005 
Proposed dividends
50,000 
64,000 
Other creditors
1,299 
1,300 
Loans from directors
20 
20 
53,463 
67,325 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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