Caseware UK (AP4) 2022.0.179 2022.0.179 2022-06-302022-06-302true2021-07-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity4true 09775482 2021-07-01 2022-06-30 09775482 2020-07-01 2021-06-30 09775482 2022-06-30 09775482 2021-06-30 09775482 c:Director1 2021-07-01 2022-06-30 09775482 d:CurrentFinancialInstruments 2022-06-30 09775482 d:CurrentFinancialInstruments 2021-06-30 09775482 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 09775482 d:CurrentFinancialInstruments d:WithinOneYear 2021-06-30 09775482 d:ShareCapital 2022-06-30 09775482 d:ShareCapital 2021-06-30 09775482 d:RetainedEarningsAccumulatedLosses 2022-06-30 09775482 d:RetainedEarningsAccumulatedLosses 2021-06-30 09775482 c:FRS102 2021-07-01 2022-06-30 09775482 c:AuditExempt-NoAccountantsReport 2021-07-01 2022-06-30 09775482 c:FullAccounts 2021-07-01 2022-06-30 09775482 c:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure

Registered number: 09775482









MAHINOUR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

 
MAHINOUR LIMITED
REGISTERED NUMBER: 09775482

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
504,337
1,748,895

Cash at bank and in hand
 5 
357,022
48,123

  
861,359
1,797,018

Creditors: amounts falling due within one year
 6 
(906,851)
(1,779,617)

Net current (liabilities)/assets
  
 
 
(45,492)
 
 
17,401

Total assets less current liabilities
  
(45,492)
17,401

  

Net (liabilities)/assets
  
(45,492)
17,401


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
(45,692)
17,201

  
(45,492)
17,401


Page 1

 
MAHINOUR LIMITED
REGISTERED NUMBER: 09775482
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 November 2023.

K Elbessoumy
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
MAHINOUR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

1.


General information

Mahinour Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue comprises the wholesale of food and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 4).

Page 3

 
MAHINOUR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

4.


Debtors

2022
2021
£
£


Trade debtors
504,337
1,748,895

504,337
1,748,895



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
357,022
48,123

357,022
48,123



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
24,604
115,522

Corporation tax
1,728
1,528

Other creditors
872,566
1,631,538

Accruals and deferred income
7,953
31,029

906,851
1,779,617



7.


Related party transactions

At the reporting date £309,144 (2021: £309,144) was due to S Mohamed, a director of the company. The loan is repayable on demand and not interest bearing.
During the year, costs for the supply of goods totalling £943,920 (2021: £2,073,125) were payable to Agro Alex Group Co, a company incorporated in Egypt in which K Elbessoumy is also a director. All transactions were carried out at arms length. At the reporting date £555,922 (2021: £1,314,894) was due to Agro Alex Group Co. The loan is repayable on demand and not interest bearing.
At the reporting date £7,500 (2021: £7,500) was due to Mahinour Co. For Import & Export, a company incorporated in Egypt in which K Elbessoumy is also a director. The loan is repayable on demand and not interest bearing.

 
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