Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31true22022-06-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09470209 2022-06-01 2023-05-31 09470209 2021-06-01 2022-05-31 09470209 2023-05-31 09470209 2022-05-31 09470209 c:Director1 2022-06-01 2023-05-31 09470209 d:FurnitureFittings 2022-06-01 2023-05-31 09470209 d:FurnitureFittings 2023-05-31 09470209 d:FurnitureFittings 2022-05-31 09470209 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 09470209 d:OfficeEquipment 2022-06-01 2023-05-31 09470209 d:OfficeEquipment 2023-05-31 09470209 d:OfficeEquipment 2022-05-31 09470209 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 09470209 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 09470209 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-06-01 2023-05-31 09470209 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-31 09470209 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-05-31 09470209 d:CurrentFinancialInstruments 2023-05-31 09470209 d:CurrentFinancialInstruments 2022-05-31 09470209 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09470209 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 09470209 d:ShareCapital 2023-05-31 09470209 d:ShareCapital 2022-05-31 09470209 d:RetainedEarningsAccumulatedLosses 2023-05-31 09470209 d:RetainedEarningsAccumulatedLosses 2022-05-31 09470209 c:FRS102 2022-06-01 2023-05-31 09470209 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 09470209 c:FullAccounts 2022-06-01 2023-05-31 09470209 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 09470209 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 09470209










MR ZAFAR MAAN LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
MR ZAFAR MAAN LTD
REGISTERED NUMBER: 09470209

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
810
930

Tangible assets
 5 
5,781
5,000

Investments
 6 
29,052
34,113

  
35,643
40,043

Current assets
  

Debtors: amounts falling due within one year
 7 
83,617
84,757

Cash at bank and in hand
  
4,636
8,322

  
88,253
93,079

Creditors: amounts falling due within one year
 8 
(14,318)
(14,509)

Net current assets
  
 
 
73,935
 
 
78,570

Total assets less current liabilities
  
109,578
118,613

  

Net assets
  
109,578
118,613


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
109,478
118,513

  
109,578
118,613


Page 1

 
MR ZAFAR MAAN LTD
REGISTERED NUMBER: 09470209
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023

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 income statement 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 by: 




................................................
Mr Zafar Maan
Director

Date: 28 January 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MR ZAFAR MAAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Mr Zafar Maan Limited is a private company limited by shares and incorporated in England and Wales, registration number 09470209. The registered office is 8 The Courtyard, Wyncolls Road, Colchester, Essex, CO4 9PE

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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 Amortisation is provided on the following bases:

Website expenditure
-
10%
straight line

Page 3

 
MR ZAFAR MAAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
straight-line
Office equipment
-
20%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.5

Valuation of investments

Investments in limited liability partnerships, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Income Statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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

Page 4

 
MR ZAFAR MAAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Intangible assets




Website expenditure

£



Cost


At 1 June 2022
1,200



At 31 May 2023

1,200



Amortisation


At 1 June 2022
270


Charge for the year on owned assets
120



At 31 May 2023

390



Net book value



At 31 May 2023
810



At 31 May 2022
930



Page 5

 
MR ZAFAR MAAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2022
1,110
7,639
8,749


Additions
-
2,584
2,584



At 31 May 2023

1,110
10,223
11,333



Depreciation


At 1 June 2022
148
3,601
3,749


Charge for the year on owned assets
278
1,525
1,803



At 31 May 2023

426
5,126
5,552



Net book value



At 31 May 2023
684
5,097
5,781



At 31 May 2022
962
4,038
5,000


6.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 June 2022
34,113


Profit share
102,441


Drawings
(107,502)



At 31 May 2023
29,052




Page 6

 
MR ZAFAR MAAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

7.


Debtors

2023
2022
£
£


Trade debtors
-
1,386

Amount due from connected company
80,187
80,187

Other debtors
1,247
1,359

Prepayments
2,183
1,825

83,617
84,757



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
12,218
12,589

Accruals and deferred income
2,100
1,920

14,318
14,509



9.Transactions with directors

At the balance sheet date, the director's owed the company £1,247 (2022: £1,359) in respect of the director's loan accounts.


10.


Related party transactions

At the balance sheet date, the company was owed £80,187 from a related party.

 
Page 7