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REGISTERED NUMBER: 11967144 (England and Wales)


Financial Statements for the Year Ended 31 May 2023

for

Manat Sweets Ltd

Manat Sweets Ltd (Registered number: 11967144)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Manat Sweets Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Miss Simranjit Kaur





REGISTERED OFFICE: 47 Greenford Avenue
London
Greenford
W7 1LP





REGISTERED NUMBER: 11967144 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Manat Sweets Ltd (Registered number: 11967144)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 21,543 22,475

CURRENT ASSETS
Inventories 2,309 2,104
Debtors 5 131,840 89,616
Cash at bank and in hand 3,060 4,395
137,209 96,115
CREDITORS
Amounts falling due within one year 6 118,393 69,150
NET CURRENT ASSETS 18,816 26,965
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,359

49,440

CREDITORS
Amounts falling due after more than one
year

7

40,273

45,394
NET ASSETS 86 4,046

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 85 4,045
SHAREHOLDERS' FUNDS 86 4,046

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

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

The director acknowledges her 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.

Manat Sweets Ltd (Registered number: 11967144)

Statement of Financial Position - continued
31 May 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 director and authorised for issue on 15 April 2024 and were signed by:





Miss Simranjit Kaur - Director


Manat Sweets Ltd (Registered number: 11967144)

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

1. STATUTORY INFORMATION

Manat Sweets Ltd 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 represents net sales of invoiced goods and services excluding Value Added Tax.

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 etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 7 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 June 2022 43,440
Additions 6,250
At 31 May 2023 49,690
DEPRECIATION
At 1 June 2022 20,965
Charge for year 7,182
At 31 May 2023 28,147
NET BOOK VALUE
At 31 May 2023 21,543
At 31 May 2022 22,475

Manat Sweets Ltd (Registered number: 11967144)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 131,648 88,888
Other debtors 192 728
131,840 89,616

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 2,127 5,541
Taxation and social security 14,511 7,845
Other creditors 101,755 55,764
118,393 69,150

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 40,273 45,394

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
1 Ordinary £1 1 1