1 December 2021 false No description of principal activity Taxfiler 2023.11.1 07468291business:PrivateLimitedCompanyLtd2021-12-012022-11-30 074682912021-11-30 074682912021-12-012022-11-30 07468291business:AuditExempt-NoAccountantsReport2021-12-012022-11-30 07468291business:FilletedAccounts2021-12-012022-11-30 074682912022-11-30 074682912021-11-30 07468291core:WithinOneYear2022-11-30 07468291core:WithinOneYear2021-11-30 07468291core:AfterOneYear2022-11-30 07468291core:AfterOneYear2021-11-30 07468291core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 07468291core:ShareCapitalcore:PreviouslyStatedAmount2021-11-30 07468291core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 07468291core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-11-30 07468291core:PreviouslyStatedAmount2022-11-30 07468291core:PreviouslyStatedAmount2021-11-30 07468291business:SmallEntities2021-12-012022-11-30 07468291business:Director12021-12-012022-11-30 07468291countries:EnglandWales2021-12-012022-11-30 07468291business:RegisteredOffice2021-12-012022-11-30 07468291core:MotorVehicles2021-12-012022-11-30 07468291core:FurnitureFittings2021-12-012022-11-30 07468291core:Goodwill2021-11-30 07468291core:Goodwill2022-11-30 07468291core:Goodwill2021-12-012022-11-30 07468291core:MotorVehicles2021-11-30 07468291core:FurnitureFittings2021-11-30 07468291core:MotorVehicles2022-11-30 07468291core:FurnitureFittings2022-11-30 074682912020-12-012021-11-30 iso4217:GBP xbrli:pure
MANDEZ TRADING LIMITED Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
5,000 
Tangible assets
30,073 
37,592 
30,073 
42,592 
Current assets
Inventories
100,000 
125,000 
Debtors
517 
- 
Cash at bank and in hand
4,071 
11,735 
104,588 
136,735 
Creditors: amounts falling due within one year
(218,283)
(213,030)
Net current liabilities
(113,695)
(76,295)
Total assets less current liabilities
(83,622)
(33,703)
Creditors: amounts falling due after more than one year
- 
(46,588)
Net liabilities
(83,622)
(80,291)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(83,722)
(80,391)
Shareholders' funds
(83,622)
(80,291)
For the year ending 30 November 2022 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 2 February 2024 and were signed on its behalf by
Neel Mall Director Company Registration No. 07468291
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MANDEZ TRADING LIMITED Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
MANDEZ TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07468291. The registered office is 31-33 MARKET PLACE, WEDNESBURY, WS10 7AT, 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.
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
Straight Line Over 5 Year
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2021
120,000 
At 30 November 2022
120,000 
Amortisation
At 1 December 2021
115,000 
Charge for the year
5,000 
At 30 November 2022
120,000 
Net book value
At 30 November 2022
- 
At 30 November 2021
5,000 
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MANDEZ TRADING LIMITED Notes to the Accounts for the year ended 30 November 2022
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2021
13,350 
93,603 
106,953 
At 30 November 2022
13,350 
93,603 
106,953 
Depreciation
At 1 December 2021
4,806 
64,555 
69,361 
Charge for the year
1,709 
5,810 
7,519 
At 30 November 2022
6,515 
70,365 
76,880 
Net book value
At 30 November 2022
6,835 
23,238 
30,073 
At 30 November 2021
8,544 
29,048 
37,592 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
517 
- 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
6,669 
6,669 
VAT
1,005 
1,194 
Trade creditors
73,325 
48,216 
Loans from directors
137,284 
156,951 
218,283 
213,030 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
- 
39,235 
Other creditors
- 
7,353 
- 
46,588 
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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