Company Registration No. 12386233 (England and Wales)
Mooyaa Limited
Report of the Director and Unaudited Financial Statements
for the year ended 31 March 2023
Mooyaa Limited
Report of the Director and Unaudited Financial Statements
Contents
Mooyaa Limited
Company Information
for the year ended 31 March 2023
Company Number
12386233 (England and Wales)
Registered Office
39 Courtfield Avenue
Harrow
HA1 2JX
Accountants
Alex & Co
46A Fairlawn Park
Sydenham
London
SE26 5RY
Mooyaa Limited
Statement of financial position
as at 31 March 2023
Tangible assets
252,585
257,847
Cash at bank and in hand
597
37,521
Creditors: amounts falling due within one year
(82,707)
(113,132)
Net current liabilities
(82,110)
(75,611)
Total assets less current liabilities
170,475
182,236
Creditors: amounts falling due after more than one year
(189,355)
(189,355)
Net liabilities
(18,880)
(7,119)
Called up share capital
100
100
Profit and loss account
(18,980)
(7,219)
Shareholders' funds
(18,880)
(7,119)
For the year ending 31 March 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 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 23 December 2023 and were signed on its behalf by
Florence Amono
Director
Company Registration No. 12386233
Mooyaa Limited
Notes to the Accounts
for the year ended 31 March 2023
Mooyaa Limited is a private company, limited by shares, registered in England and Wales, registration number 12386233. The registered office is 39 Courtfield Avenue, Harrow, HA1 2JX.
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, 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. Turnover from Rent receivable is recognised at the date of receipt.
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.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year-end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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:
Mooyaa Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
80,707
112,732
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
189,355
189,355
The mortgage Work (UK) PLC, holds a first legal mortgage charge on the property owned by the company (note.4).
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 1 (2022: 1).