Company Registration No. 08999363 (England and Wales)
Made In Sud Limited
Unaudited accounts
for the year ended 30 April 2023
Made In Sud Limited
Unaudited accounts
Contents
Made In Sud Limited
Company Information
for the year ended 30 April 2023
Directors
Mr R Zef
Mr S Kurti
Company Number
08999363 (England and Wales)
Registered Office
379A MILE END ROAD
LONDON
E3 4QS
ENGLAND
Made In Sud Limited
Statement of financial position
as at 30 April 2023
Cash at bank and in hand
5
2
Creditors: amounts falling due within one year
(5,643)
(46,609)
Net current liabilities
(2,288)
(43,257)
Total assets less current liabilities
(1,883)
(42,717)
Creditors: amounts falling due after more than one year
(41,942)
(743)
Net liabilities
(43,825)
(43,460)
Called up share capital
1,000
1,000
Profit and loss account
(44,825)
(44,460)
Shareholders' funds
(43,825)
(43,460)
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by
Mr R Zef
Director
Company Registration No. 08999363
Made In Sud Limited
Notes to the Accounts
for the year ended 30 April 2023
Made In Sud Limited is a private company, limited by shares, registered in England and Wales, registration number 08999363. The registered office is 379A MILE END ROAD, LONDON, E3 4QS, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer. This is usually at the point the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Fixtures & fittings
25% reducing balance
Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Made In Sud Limited
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Fixtures & fittings
5
Investments held as current assets
2023
2022
Unlisted investments
1,600
1,600
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
600
600
Loans from directors
4,143
45,109
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).