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REGISTERED NUMBER: 09910885 (England and Wales)














Financial Statements for the Year Ended 31 March 2023

for

Mangan Solutions Limited

Mangan Solutions Limited (Registered number: 09910885)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Mangan Solutions Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr S Mangan





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 09910885 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Mangan Solutions Limited (Registered number: 09910885)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 634 845

CURRENT ASSETS
Debtors 5 439,395 353,479
Cash at bank 236,101 363,289
675,496 716,768
CREDITORS
Amounts falling due within one year 6 272,524 270,212
NET CURRENT ASSETS 402,972 446,556
TOTAL ASSETS LESS CURRENT LIABILITIES 403,606 447,401

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 403,506 447,301
SHAREHOLDERS' FUNDS 403,606 447,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 29 March 2024 and were signed by:





Mr S Mangan - Director


Mangan Solutions Limited (Registered number: 09910885)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Mangan Solutions 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 1,550
DEPRECIATION
At 1 April 2022 705
Charge for year 211
At 31 March 2023 916
NET BOOK VALUE
At 31 March 2023 634
At 31 March 2022 845

Mangan Solutions Limited (Registered number: 09910885)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 171,140 114,962
Other debtors 268,255 238,517
439,395 353,479

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 36,217 479
Taxation and social security 234,930 268,271
Other creditors 1,377 1,462
272,524 270,212

7. RELATED PARTY DISCLOSURES

The Director Mr S Mangan is considered to be the key management personnel.