Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activitytrue2022-03-012false2true 12488151 2022-03-01 2023-02-28 12488151 2021-03-01 2022-02-28 12488151 2023-02-28 12488151 2022-02-28 12488151 c:Director2 2022-03-01 2023-02-28 12488151 d:CurrentFinancialInstruments 2023-02-28 12488151 d:CurrentFinancialInstruments 2022-02-28 12488151 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 12488151 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 12488151 d:ShareCapital 2023-02-28 12488151 d:ShareCapital 2022-02-28 12488151 d:RetainedEarningsAccumulatedLosses 2023-02-28 12488151 d:RetainedEarningsAccumulatedLosses 2022-02-28 12488151 c:OrdinaryShareClass1 2022-03-01 2023-02-28 12488151 c:OrdinaryShareClass1 2023-02-28 12488151 c:OrdinaryShareClass1 2022-02-28 12488151 c:OrdinaryShareClass2 2022-03-01 2023-02-28 12488151 c:OrdinaryShareClass2 2023-02-28 12488151 c:OrdinaryShareClass2 2022-02-28 12488151 c:FRS102 2022-03-01 2023-02-28 12488151 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 12488151 c:FullAccounts 2022-03-01 2023-02-28 12488151 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 12488151 6 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12488151














MTAA FUN FOODS I LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

 
MTAA FUN FOODS I LTD
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 4


 
MTAA FUN FOODS I LTD
REGISTERED NUMBER:12488151

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,849,042
1,849,042

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1

  

Creditors: amounts falling due within one year
 6 
(12,600)
(9,600)

Net current liabilities
  
 
 
(12,599)
 
 
(9,599)

  

Net assets
  
1,836,443
1,839,443


Capital and reserves
  

Called up share capital 
 7 
1,849,043
1,849,043

Profit and loss account
  
(12,600)
(9,600)

  
1,836,443
1,839,443


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 comprehensive income 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 27 November 2023.




S Naqvi
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
MTAA FUN FOODS I LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

MTAA Fun Foods I Limited is a private limited liabililty company incorporated in England and Wales. Its registered office is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The Company's principal activity continued to be that of holding investments in the restaurant industry. The Company's functional and presentational currency is £ sterling.

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

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand and loans from related parties.
Trade debtors and other debtors are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors and other debtors.
Cash at bank and in hand comprise cash balances and call deposits.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 2

 
MTAA FUN FOODS I LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Fixed asset investments





Unlisted investments

£



Cost 


At 1 March 2022
1,849,042



At 28 February 2023
1,849,042





5.


Debtors

2023
2022
£
£


Other debtors
1
1

1
1



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
9,600
-

Accruals and deferred income
3,000
9,600

12,600
9,600


Page 3

 
MTAA FUN FOODS I LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary A share of £1.00
1
1
1,849,042 (2022 - 1,849,042) Ordinary B shares of £1.00 each
1,849,042
1,849,042

1,849,043

1,849,043

The Ordinary A share is a voting share, the Ordinary B shares are non voting shares.


 
Page 4