Company Registration No. 11708355 (England and Wales)
MLITE LTD
Unaudited accounts
for the year ended 31 December 2023
MLITE LTD
Unaudited accounts
Contents
MLITE LTD
Company Information
for the year ended 31 December 2023
Director
Olatunde Adegboyega ABODUNRIN
Company Number
11708355 (England and Wales)
Registered Office
26A 26A EXNING ROAD
EXNING ROAD
LONDON
CANING TOWN
E16 4NA
UNITED KINGDOM
Accountants
Cooper & Young Ltd
390-392 High Road
Ilford
Essex
IG1 1BF
MLITE LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
78
245
Creditors: amounts falling due within one year
29,592
24,910
Net current assets
30,056
25,541
Total assets less current liabilities
30,056
25,541
Creditors: amounts falling due after more than one year
(23,716)
(26,888)
Net assets/(liabilities)
6,340
(1,347)
Called up share capital
1
1
Profit and loss account
6,339
(1,348)
Shareholders' funds
6,340
(1,347)
For the year ending 31 December 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 his 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 24 February 2024 and were signed on its behalf by
Olatunde Adegboyega ABODUNRIN
Director
Company Registration No. 11708355
MLITE LTD
Notes to the Accounts
for the year ended 31 December 2023
MLITE LTD is a private company, limited by shares, registered in England and Wales, registration number 11708355. The registered office is 26A 26A EXNING ROAD, EXNING ROAD, LONDON, CANING TOWN, E16 4NA, 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.
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.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,487
-
Loans from directors
(31,679)
(24,910)
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).