1 August 2022 false Taxfiler 2023.14 09134104business:PrivateLimitedCompanyLtd2022-08-012023-07-31 091341042022-07-31 091341042022-08-012023-07-31 09134104business:AuditExemptWithAccountantsReport2022-08-012023-07-31 09134104business:FilletedAccounts2022-08-012023-07-31 091341042023-07-31 09134104business:Director12022-08-012023-07-31 09134104business:RegisteredOffice2022-08-012023-07-31 091341042022-07-31 09134104core:WithinOneYear2023-07-31 09134104core:WithinOneYear2022-07-31 09134104core:AfterOneYear2023-07-31 09134104core:AfterOneYear2022-07-31 09134104core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 09134104core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 09134104core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 09134104core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 09134104core:PreviouslyStatedAmount2023-07-31 09134104core:PreviouslyStatedAmount2022-07-31 09134104business:SmallEntities2022-08-012023-07-31 09134104countries:EnglandWales2022-08-012023-07-31 09134104core:ComputerEquipment2022-08-012023-07-31 09134104core:ComputerEquipment2022-07-31 09134104core:ComputerEquipment2023-07-31 09134104business:OrdinaryShareClass12022-08-012023-07-31 09134104business:OrdinaryShareClass12021-08-012022-07-31 091341042021-08-012022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09134104 (England and Wales)
M L Inspection Limited Unaudited accounts for the year ended 31 July 2023
M L Inspection Limited Unaudited accounts Contents
Page
- 2 -
M L Inspection Limited Company Information for the year ended 31 July 2023
Director
Mr M. Leigh
Company Number
09134104 (England and Wales)
Registered Office
103 High Street Waltham Cross Herts. EN8 7AN
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
- 3 -
M L Inspection Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
747 
1,494 
Current assets
Debtors
- 
97,547 
Cash at bank and in hand
3,579 
5,700 
3,579 
103,247 
Creditors: amounts falling due within one year
(86,332)
(70,529)
Net current (liabilities)/assets
(82,753)
32,718 
Total assets less current liabilities
(82,006)
34,212 
Creditors: amounts falling due after more than one year
(27,060)
(29,552)
Net (liabilities)/assets
(109,066)
4,660 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(109,166)
4,560 
Shareholders' funds
(109,066)
4,660 
For the year ending 31 July 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 6 March 2024 and were signed on its behalf by
Mr M. Leigh Director Company Registration No. 09134104
- 4 -
M L Inspection Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
M L Inspection Limited is a private company, limited by shares, registered in England and Wales, registration number 09134104. The registered office is 103 High Street, Waltham Cross, Herts., EN8 7AN.
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.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33 1/3% Straight Line Basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
2,240 
At 31 July 2023
2,240 
Depreciation
At 1 August 2022
746 
Charge for the year
747 
At 31 July 2023
1,493 
Net book value
At 31 July 2023
747 
At 31 July 2022
1,494 
- 5 -
M L Inspection Limited Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
97,547 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,224 
5,224 
VAT
11,949 
9,763 
Taxes and social security
69,102 
55,458 
Other creditors
- 
84 
Loans from directors
57 
- 
86,332 
70,529 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
27,060 
29,552 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
The company was under the control of Mr M. Leigh throughout the current period. Mr M. Leigh is personally interested in 50% of the company's share capital. In addition, his wife, Mrs A. Leigh is personally interested in the remaining 50% of the company's share capital. Mr M. Leigh and Mrs A. Leigh received a dividend from the company during the year of £78,000 each (2022: £35,000 each).
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -