Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-010Providing medical consultancy servicesfalse0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09856606 2022-12-01 2023-11-30 09856606 2021-12-01 2022-11-30 09856606 2023-11-30 09856606 2022-11-30 09856606 c:Director1 2022-12-01 2023-11-30 09856606 d:ComputerEquipment 2022-12-01 2023-11-30 09856606 d:ComputerEquipment 2023-11-30 09856606 d:ComputerEquipment 2022-11-30 09856606 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09856606 d:CurrentFinancialInstruments 2023-11-30 09856606 d:CurrentFinancialInstruments 2022-11-30 09856606 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09856606 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 09856606 d:ShareCapital 2023-11-30 09856606 d:ShareCapital 2022-11-30 09856606 d:RetainedEarningsAccumulatedLosses 2023-11-30 09856606 d:RetainedEarningsAccumulatedLosses 2022-11-30 09856606 c:OrdinaryShareClass1 2022-12-01 2023-11-30 09856606 c:OrdinaryShareClass1 2023-11-30 09856606 c:OrdinaryShareClass1 2022-11-30 09856606 c:OrdinaryShareClass2 2022-12-01 2023-11-30 09856606 c:OrdinaryShareClass2 2023-11-30 09856606 c:OrdinaryShareClass2 2022-11-30 09856606 c:FRS102 2022-12-01 2023-11-30 09856606 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09856606 c:FullAccounts 2022-12-01 2023-11-30 09856606 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09856606 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09856606










MAJESTIC BAGAN LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
MAJESTIC BAGAN LIMITED
REGISTERED NUMBER: 09856606

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
749
-

  
749
-

Current assets
  

Current asset investments
 5 
19,934
-

Cash at bank and in hand
  
179,564
159,089

  
199,498
159,089

Creditors: amounts falling due within one year
 6 
(17,249)
(14,362)

Net current assets
  
 
 
182,249
 
 
144,727

Total assets less current liabilities
  
182,998
144,727

  

Net assets
  
182,998
144,727


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
182,996
144,725

  
182,998
144,727


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 April 2024.




Page 1

 
MAJESTIC BAGAN LIMITED
REGISTERED NUMBER: 09856606
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

___________________________
Win Kyaw
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MAJESTIC BAGAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Majestic Bagan Limited is a private company limited by shares incorporated in England and Wales. The
registered office is Flat 27, The Pinnacle, Kings Road, Reading, RG1 4LY. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
MAJESTIC BAGAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
999



At 30 November 2023

999



Depreciation


Charge for the year
250



At 30 November 2023

250



Net book value



At 30 November 2023
749



At 30 November 2022
-


5.


Current asset investments

2023
2022
£
£

Listed investments
19,934
-


Page 4

 
MAJESTIC BAGAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
10,177
7,624

Other creditors
6,382
6,238

Accruals
690
500

17,249
14,362



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1
1
1
1 (2022 - 1) Ordinary A share of £1
1
1

2

2


 
Page 5