2022-04-01 2023-03-31 false Capium Accounts Production 1.1 08165556 bus:FullAccounts 2022-04-01 2023-03-31 08165556 bus:FRS102 2022-04-01 2023-03-31 08165556 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08165556 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08165556 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08165556 2022-04-01 2023-03-31 08165556 2023-03-31 08165556 bus:RegisteredOffice 2022-04-01 2023-03-31 08165556 core:WithinOneYear 2023-03-31 08165556 core:AfterOneYear 2023-03-31 08165556 bus:Director1 2022-04-01 2023-03-31 08165556 bus:Director1 2023-03-31 08165556 bus:Director1 2021-04-01 2022-03-31 08165556 2021-04-01 08165556 bus:CompanySecretary1 2022-04-01 2023-03-31 08165556 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 08165556 2021-04-01 2022-03-31 08165556 2022-03-31 08165556 core:WithinOneYear 2022-03-31 08165556 core:AfterOneYear 2022-03-31 08165556 bus:EntityAccountantsOrAuditors 2021-04-01 2022-03-31 08165556 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 08165556 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 08165556 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 08165556 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 08165556 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 08165556 core:Non-currentFinancialInstruments 2023-03-31 08165556 core:Non-currentFinancialInstruments 2022-03-31 08165556 core:ShareCapital 2023-03-31 08165556 core:ShareCapital 2022-03-31 08165556 core:RetainedEarningsAccumulatedLosses 2023-03-31 08165556 core:RetainedEarningsAccumulatedLosses 2022-03-31 08165556 dpl:Item1 2022-04-01 08165556 dpl:Item1 2023-03-31 08165556 dpl:Item1 2021-04-01 08165556 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08165556
England and Wales

 

 

 

MAHI DECORATORS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
Director Mrs Puja Patel
Registered Number 08165556
Registered Office 92 Muirfield Road
Watford
WD19 6LX
Accountants 3E'S Accountants Limited
231 Kenton Road
Harrow
Middlesex
England
HA3 0HD
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Debtors: amounts falling due within one year 3 34,384    43,062 
Cash at bank and in hand 5,275    4,354 
39,659    47,416 
Creditors: amount falling due within one year 4 (2,880)   (1,641)
Net current assets 36,779    45,775 
 
Total assets less current liabilities 36,779    45,775 
Creditors: amount falling due after more than one year 5 (39,972)   (45,576)
Net liabilities (3,193)   199 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (3,293)   99 
Shareholder's funds (3,193)   199 
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 23 December 2023 and were signed by:


-------------------------------
Mrs Puja Patel
Director
2
General Information
MAHI DECORATORS LTD is a private company, limited by shares, registered in England and Wales, registration number 08165556, registration address 92 Muirfield Road, Watford, WD19 6LX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Debtors: amounts falling due within one year

2023
£
  2022
£
Loan H H Patel 27,640    34,330 
Patel 2,000    2,000 
Directors' Current Accounts 4,744    6,732 
34,384    43,062 

4.

Creditors: amount falling due within one year

2023
£
  2022
£
Corporation Tax   201 
Accrued Expenses 2,880    1,440 
2,880    1,641 

5.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bounce Back Loan 39,972    45,576 
39,972    45,576 

3