Company Registration No. 13186400 (England and Wales)
MABLEVI UK LTD
Unaudited accounts
for the year ended 29 February 2024
MABLEVI UK LTD
Unaudited accounts
Contents
MABLEVI UK LTD
Company Information
for the year ended 29 February 2024
Director
Emengo Safinat Ogwemoh
Company Number
13186400 (England and Wales)
Registered Office
124 City Road,
London
EC1V 2NX
United Kingdom
MABLEVI UK LTD
Statement of financial position
as at 29 February 2024
Tangible assets
3,824
5,737
Investment property
227,494
-
Cash at bank and in hand
21,762
149,346
Creditors: amounts falling due within one year
(3,575)
(619)
Net current assets
28,187
165,227
Total assets less current liabilities
259,505
170,964
Creditors: amounts falling due after more than one year
(357,980)
(217,524)
Net liabilities
(98,475)
(46,560)
Called up share capital
100
100
Profit and loss account
(98,575)
(46,660)
Shareholders' funds
(98,475)
(46,560)
For the year ending 29 February 2024 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 her 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 1 April 2024 and were signed on its behalf by
Emengo Safinat Ogwemoh
Director
Company Registration No. 13186400
MABLEVI UK LTD
Notes to the Accounts
for the year ended 29 February 2024
MABLEVI UK LTD is a private company, limited by shares, registered in England and Wales, registration number 13186400. The registered office is 124 City Road,, London, EC1V 2NX, 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.
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:
4
Tangible fixed assets
Motor vehicles
At 29 February 2024
227,494
MABLEVI UK LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
8
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
221,724
217,524
9
Transactions with related parties
Parent Company ( Mablevi Nigeria Ltd) advanced loan total sum of £39,200.00 to Mablevi UK Ltd and their was a refund of £35,000.00 from Mablevi UK Ltd to Mablevi Nigeria Ltd during the year.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).