Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312dormant2023-02-01truetruetrue2 06039558 2023-02-01 2024-01-31 06039558 2022-02-01 2023-01-31 06039558 2024-01-31 06039558 2023-01-31 06039558 c:Director2 2023-02-01 2024-01-31 06039558 d:CurrentFinancialInstruments 2024-01-31 06039558 d:CurrentFinancialInstruments 2023-01-31 06039558 d:Non-currentFinancialInstruments 2024-01-31 06039558 d:Non-currentFinancialInstruments 2023-01-31 06039558 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 06039558 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 06039558 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 06039558 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 06039558 d:ShareCapital 2024-01-31 06039558 d:ShareCapital 2023-01-31 06039558 d:RetainedEarningsAccumulatedLosses 2024-01-31 06039558 d:RetainedEarningsAccumulatedLosses 2023-01-31 06039558 c:OrdinaryShareClass1 2023-02-01 2024-01-31 06039558 c:OrdinaryShareClass1 2024-01-31 06039558 c:EntityHasNeverTraded 2023-02-01 2024-01-31 06039558 c:FRS102 2023-02-01 2024-01-31 06039558 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06039558 c:FullAccounts 2023-02-01 2024-01-31 06039558 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06039558 d:Subsidiary1 2023-02-01 2024-01-31 06039558 d:Subsidiary1 1 2023-02-01 2024-01-31 06039558 6 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06039558














M L CORPORATION LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 5


 
REGISTERED NUMBER:06039558

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
265,663
265,663

  
265,663
265,663

  

Creditors: amounts falling due within one year
 5 
(608)
(608)

Net current liabilities
  
 
 
(608)
 
 
(608)

Total assets less current liabilities
  
265,055
265,055

Creditors: amounts falling due after more than one year
 6 
(266,162)
(266,162)

  

Net liabilities
  
(1,107)
(1,107)


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
(2,107)
(2,107)

  
(1,107)
(1,107)


1

 
REGISTERED NUMBER:06039558
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

For the year ended 31 January 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R B Rosenberg
Director

Date: 1 April 2024

The notes on pages 3 to 5 form part of these financial statements.

2

 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

M L Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 06039558. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The company is dormant and has not traded during the year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The company's functional and presentational currency is pound sterling.
The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.


3.


Employees

The average monthly number of employees, including the director, during the year was 2 (2023 - 2).

3

 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Fixed asset investments





Investment in subsidiary company
Loan to subsidiary
Total

£
£
£



Cost or valuation


At 1 February 2023
112,228
153,435
265,663



At 31 January 2024
112,228
153,435
265,663






Net book value



At 31 January 2024
112,228
153,435
265,663



At 31 January 2023
112,228
153,435
265,663


Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Registered office

Principal activity

Class of shares

Holding

Emel Restaurant Corporation
USA
Restaurant
Ordinary
100%

All future expenses incurred by M L Corporation Limited will be paid for by Emel Restaurant Corporation.


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
608
608



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
266,162
266,162


4

 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 Ordinary shares of £1.00 each
1,000
1,000



8.


Related party transactions

Included in creditors is £266,162 (2022 - £266,162) due to the director.

5