1 March 2023 false No description of principal activity Taxfiler 2024.1 13186400business:PrivateLimitedCompanyLtd2023-03-012024-02-29 131864002023-02-28 131864002023-03-012024-02-29 13186400business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 13186400business:FilletedAccounts2023-03-012024-02-29 131864002024-02-29 13186400business:Director12023-03-012024-02-29 13186400business:RegisteredOffice2023-03-012024-02-29 131864002023-02-28 13186400core:WithinOneYear2024-02-29 13186400core:WithinOneYear2023-02-28 13186400core:AfterOneYear2024-02-29 13186400core:AfterOneYear2023-02-28 13186400core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 13186400core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13186400core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 13186400core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13186400core:PreviouslyStatedAmount2024-02-29 13186400core:PreviouslyStatedAmount2023-02-28 13186400business:SmallEntities2023-03-012024-02-29 13186400countries:EnglandWales2023-03-012024-02-29 13186400core:MotorVehicles2023-03-012024-02-29 13186400core:MotorVehicles2023-02-28 13186400core:MotorVehicles2024-02-29 131864002022-03-012023-02-28 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
MABLEVI UK LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,824 
5,737 
Investment property
227,494 
- 
231,318 
5,737 
Current assets
Inventories
10,000 
- 
Debtors
- 
16,500 
Cash at bank and in hand
21,762 
149,346 
31,762 
165,846 
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)
Capital and reserves
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
- 4 -
MABLEVI UK LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
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:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
7,650 
At 29 February 2024
7,650 
Depreciation
At 1 March 2023
1,913 
Charge for the year
1,913 
At 29 February 2024
3,826 
Net book value
At 29 February 2024
3,824 
At 28 February 2023
5,737 
5
Investment property
2024 
£ 
Additions
227,494 
At 29 February 2024
227,494 
- 5 -
MABLEVI UK LTD Notes to the Accounts for the year ended 29 February 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
16,500 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
3,575 
- 
Accruals
- 
619 
3,575 
619 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
136,256 
- 
Amounts owed to group undertakings and other participating interests
221,724 
217,524 
357,980 
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).
- 6 -