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REGISTERED NUMBER: 09420670 (England and Wales)











Financial Statements

for the Year Ended 30 April 2023

for

MOLVENNY LIMITED

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOLVENNY LIMITED

Company Information
for the Year Ended 30 April 2023







DIRECTORS: Ms S Yeung
Ms N Bahl





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 09420670 (England and Wales)





ACCOUNTANTS: Conroy & Lermer
Chartered Accountants
42 Lytton Road
BARNET
EN5 5BY

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 359,571 367,207

CURRENT ASSETS
Debtors 5 28,926 30,900
Cash at bank 25,105 15,304
54,031 46,204
CREDITORS
Amounts falling due within one year 6 295,102 252,134
NET CURRENT LIABILITIES (241,071 ) (205,930 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,500

161,277

CREDITORS
Amounts falling due after more than one year 7 117,581 140,722
NET ASSETS 919 20,555

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 719 20,355
SHAREHOLDERS' FUNDS 919 20,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Balance Sheet - continued
30 April 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by:





Ms N Bahl - Director


MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Molvenny Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in relation to management services provided

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on Cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2022 338,240 29,428 38,629 376 406,673
Additions - - - 1,255 1,255
At 30 April 2023 338,240 29,428 38,629 1,631 407,928
DEPRECIATION
At 1 May 2022 - 12,712 26,378 376 39,466
Charge for year - 5,514 3,063 314 8,891
At 30 April 2023 - 18,226 29,441 690 48,357
NET BOOK VALUE
At 30 April 2023 338,240 11,202 9,188 941 359,571
At 30 April 2022 338,240 16,716 12,251 - 367,207

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other debtors 28,926 30,900

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts (see note 8) 11,114 12,387
Directors' current accounts 282,668 226,710
Accruals and deferred income 1,320 13,037
295,102 252,134

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans (see note 8) 117,581 140,722

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 117,581 140,722

8. LOANS

An analysis of the maturity of loans is given below:

30.4.23 30.4.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 11,114 12,387

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 117,581 140,722

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1 A Class Ordinary £1 1 1
1 B Class Ordinary £1 1 1
99 C Class Ordinary £1 99 99
99 D Class Ordinary £1 99 99
200 200

10. RELATED PARTY DISCLOSURES

Included in creditors due within one year is £282,668 (2022: £226,710), due and payable to the directors. The amount is interest free and repayable on demand.

Included in debtors within one year is £28,926 (2022: £30,900) from Nicola Fee Bahl Limited. The companies are related parties by virtue of the fact that they are under common control.

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

11. ULTIMATE CONTROLLING PARTY

The controlling party is Ms N Bahl.