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REGISTERED NUMBER: 13028655 (England and Wales)


















Masha Popova Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2023






Masha Popova Ltd (Registered number: 13028655)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Masha Popova Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Ms M O Popova





REGISTERED OFFICE: Studio 9
Poplar Works
384 Abbott Road
London
E14 0UX





REGISTERED NUMBER: 13028655 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

Masha Popova Ltd (Registered number: 13028655)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,881 2,189

CURRENT ASSETS
Stocks 5 30,724 9,717
Debtors 6 8,336 44,017
Cash at bank 31,870 11,744
70,930 65,478
CREDITORS
Amounts falling due within one year 7 (22,688 ) (26,869 )
NET CURRENT ASSETS 48,242 38,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,123

40,798

CREDITORS
Amounts falling due after more than one
year

8

-

(10,395

)
NET ASSETS 50,123 30,403

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 50,122 30,402
SHAREHOLDERS' FUNDS 50,123 30,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Masha Popova Ltd (Registered number: 13028655)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2024 and were signed by:





Ms M O Popova - Director


Masha Popova Ltd (Registered number: 13028655)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Masha Popova Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Masha Popova Ltd (Registered number: 13028655)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 901 524 1,604 3,029
Additions - - 767 767
At 30 November 2023 901 524 2,371 3,796
DEPRECIATION
At 1 December 2022 200 105 535 840
Charge for year 180 105 790 1,075
At 30 November 2023 380 210 1,325 1,915
NET BOOK VALUE
At 30 November 2023 521 314 1,046 1,881
At 30 November 2022 701 419 1,069 2,189

5. STOCKS
2023 2022
£    £   
Stocks 16,320 9,717
Work-in-progress 14,404 -
30,724 9,717

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,334 42,764
Other debtors 2 1,253
8,336 44,017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,213 -
Taxation and social security 7,544 6,813
Other creditors 11,931 20,056
22,688 26,869

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors - 10,395

Masha Popova Ltd (Registered number: 13028655)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1