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Company Registration No. 11393648 (England and Wales)
Mughalestate Limited Unaudited accounts for the year ended 30 June 2023
Mughalestate Limited Unaudited accounts Contents
Page
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Mughalestate Limited Company Information for the year ended 30 June 2023
Directors
Yasar Mughal Qasim Hussain Mughal
Company Number
11393648 (England and Wales)
Registered Office
S K N Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN England
Accountants
SKN Services Limited SKN Business Centre 1 Guildford St Birmingham B19 2HN
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Mughalestate Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
125,977 
125,977 
Current assets
Cash at bank and in hand
1,250 
9,503 
Creditors: amounts falling due within one year
(86,173)
(66,778)
Net current liabilities
(84,923)
(57,275)
Total assets less current liabilities
41,054 
68,702 
Creditors: amounts falling due after more than one year
(131,871)
(131,871)
Net liabilities
(90,817)
(63,169)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(90,818)
(63,170)
Shareholders' funds
(90,817)
(63,169)
For the year ending 30 June 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 27 November 2023 and were signed on its behalf by
Yasar Mughal Director Company Registration No. 11393648
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Mughalestate Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Mughalestate Limited is a private company, limited by shares, registered in England and Wales, registration number 11393648. The registered office is S K N Business Centre, 1 Guildford Street, Birmingham, West Midlands, B19 2HN, 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.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 July 2022
125,977 
At 30 June 2023
125,977 
Depreciation
At 30 June 2023
- 
Net book value
At 30 June 2023
125,977 
At 30 June 2022
125,977 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
178 
131 
Other creditors
85,995 
66,647 
86,173 
66,778 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
131,871 
131,871 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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