MAK INTERNATIONAL LIMITED

Company Registration Number:
11511842 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

MAK INTERNATIONAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MAK INTERNATIONAL LIMITED

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Mukhter Ahmed Khan


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
2 March 2024

And signed on behalf of the board by:
Name: Mukhter Ahmed Khan
Status: Director

MAK INTERNATIONAL LIMITED

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 5,823,091 5,409,458
Cost of sales: ( 3,476,431 ) ( 3,128,322 )
Gross profit(or loss): 2,346,660 2,281,136
Distribution costs: ( 278,547 ) ( 243,084 )
Administrative expenses: ( 478,932 ) ( 403,943 )
Operating profit(or loss): 1,589,181 1,634,109
Profit(or loss) before tax: 1,589,181 1,634,109
Tax: ( 227,694 ) ( 238,493 )
Profit(or loss) for the financial year: 1,361,487 1,395,616

MAK INTERNATIONAL LIMITED

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,795,543 2,251,901
Total fixed assets: 2,795,543 2,251,901
Current assets
Stocks: 4 985,473 758,605
Debtors: 5 1,419,924 1,034,584
Cash at bank and in hand: 995,441 758,223
Total current assets: 3,400,838 2,551,412
Creditors: amounts falling due within one year: 6 ( 401,874 ) ( 370,293 )
Net current assets (liabilities): 2,998,964 2,181,119
Total assets less current liabilities: 5,794,507 4,433,020
Total net assets (liabilities): 5,794,507 4,433,020
Capital and reserves
Called up share capital: 350,000 350,000
Profit and loss account: 5,444,507 4,083,020
Total Shareholders' funds: 5,794,507 4,433,020

The notes form part of these financial statements

MAK INTERNATIONAL LIMITED

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 3 March 2024
and signed on behalf of the board by:

Name: Mukhter Ahmed Khan
Status: Director

The notes form part of these financial statements

MAK INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MAK INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 15 12

MAK INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 1,756,760 123,434 154,937 78,583 354,603 2,468,317
Additions 455,873 46,321 45,642 13,562 49,900 611,298
Disposals
Revaluations
Transfers
At 31 August 2023 2,212,633 169,755 200,579 92,145 404,503 3,079,615
Depreciation
At 1 September 2022 26,022 31,039 50,115 109,240 216,416
Charge for year 8,865 9,073 16,954 32,764 67,656
On disposals
Other adjustments
At 31 August 2023 34,887 40,112 67,069 142,004 284,072
Net book value
At 31 August 2023 2,212,633 134,868 160,467 25,076 262,499 2,795,543
At 31 August 2022 1,756,760 97,412 123,898 28,468 245,363 2,251,901

MAK INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 985,473 758,605
Total 985,473 758,605

MAK INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,419,924 1,034,584
Total 1,419,924 1,034,584

MAK INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 174,180 131,800
Taxation and social security 227,694 238,493
Total 401,874 370,293