Company Registration No. 14084602 (England and Wales)
MF UK INVESTMENTS LTD
Unaudited accounts
for the period from 4 May 2022 to 31 May 2023
MF UK INVESTMENTS LTD
Unaudited accounts
Contents
MF UK INVESTMENTS LTD
Company Information
for the period from 4 May 2022 to 31 May 2023
Director
Martina Tagliavia
Company Number
14084602 (England and Wales)
Registered Office
APARTMENT 507 75 MARSH WALL
LONDON
E14 9WS
UNITED KINGDOM
Accountants
Tax Simplified Ltd
Kemp House
160 City Road
London
EC1V 2NX
MF UK INVESTMENTS LTD
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
836
Creditors: amounts falling due within one year
(500)
Total assets less current liabilities
27,320
Creditors: amounts falling due after more than one year
(28,000)
Called up share capital
100
Profit and loss account
(780)
For the period ending 31 May 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 director acknowledges her 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 and authorised for issue on 1 February 2024 and were signed on its behalf by
Martina Tagliavia
Director
Company Registration No. 14084602
MF UK INVESTMENTS LTD
Notes to the Accounts
for the period from 4 May 2022 to 31 May 2023
MF UK INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 14084602. The registered office is APARTMENT 507 75 MARSH WALL, LONDON, E14 9WS, UNITED KINGDOM.
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.
These financial statements for the period from 4 May 2022 to 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 4 May 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The director has agreed to provide funding for the foreseeable future hence company is a going concern.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
MF UK INVESTMENTS LTD
Notes to the Accounts
for the period from 4 May 2022 to 31 May 2023
6
Creditors: amounts falling due after more than one year
2023
Loans from directors
28,000
Long term creditors include various loans made by the director to the company, the loans are interest fee.
7
Transactions with related parties
During the year company made loans of £25,484 to a related company, Panza Mia Ltd, the loans are shown under other debtors.
8
Average number of employees
During the period the average number of employees was 0.