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Company Registration No. 13294599 (England and Wales)
MUBEEN LOGISTICS LTD Unaudited accounts for the year ended 31 March 2024
MUBEEN LOGISTICS LTD Unaudited accounts Contents
Page
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MUBEEN LOGISTICS LTD Company Information for the year ended 31 March 2024
Director
HAZHAR MAHMOOD
Company Number
13294599 (England and Wales)
Registered Office
ARO BARBERS 41A GREENS LANE KIMBERLEY NOTTINGHAM NG16 2PB ENGLAND
Accountants
CITYGATE CERTIFIED ACCOUNTANTS EAST LONDON BUSINESS CENTRE 93-101 GREENFIELD ROAD LONDON E1 1EJ
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MUBEEN LOGISTICS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Current assets
Inventories
11,517 
6,800 
Debtors
- 
4,837 
Cash at bank and in hand
817 
141 
12,334 
11,778 
Creditors: amounts falling due within one year
(1,872)
(261)
Net current assets
10,462 
11,517 
Total assets less current liabilities
10,562 
11,617 
Creditors: amounts falling due after more than one year
(5,000)
(10,400)
Net assets
5,562 
1,217 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,462 
1,117 
Shareholders' funds
5,562 
1,217 
For the year ending 31 March 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 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 23 April 2024 and were signed on its behalf by
HAZHAR MAHMOOD Director Company Registration No. 13294599
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MUBEEN LOGISTICS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MUBEEN LOGISTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 13294599. The registered office is ARO BARBERS, 41A GREENS LANE , KIMBERLEY, NOTTINGHAM, NG16 2PB, 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.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
4,837 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,372 
261 
Accruals
500 
- 
1,872 
261 
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MUBEEN LOGISTICS LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
5,000 
10,000 
Accruals
- 
400 
5,000 
10,400 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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