Company Registration No. 11008480 (England and Wales)
BUDDHA EXPRESS MCR LTD
Unaudited accounts
for the year ended 31 October 2023
BUDDHA EXPRESS MCR LTD
Unaudited accounts
Contents
BUDDHA EXPRESS MCR LTD
Company Information
for the year ended 31 October 2023
Company Number
11008480 (England and Wales)
Registered Office
265
Upperbrook Street
Manchester
M13 0HR
United Kingdom
Accountants
PAM Accountants & Consultants Ltd
69 Guildford Road
Manchester
M19 3ER
BUDDHA EXPRESS MCR LTD
Statement of financial position
as at 31 October 2023
Tangible assets
10,598
14,298
Cash at bank and in hand
43,805
48,913
Creditors: amounts falling due within one year
(12,624)
(14,283)
Net current assets
47,525
42,793
Total assets less current liabilities
58,123
57,091
Creditors: amounts falling due after more than one year
(32,572)
(31,860)
Called up share capital
1
1
Profit and loss account
25,550
25,230
Shareholders' funds
25,551
25,231
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2024 and were signed on its behalf by
Kamran Ishtiak
Director
Company Registration No. 11008480
BUDDHA EXPRESS MCR LTD
Notes to the Accounts
for the year ended 31 October 2023
BUDDHA EXPRESS MCR LTD is a private company, limited by shares, registered in England and Wales, registration number 11008480. The registered office is 265, Upperbrook Street, Manchester, M13 0HR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33.33% - Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
19,105
4,200
7,250
30,555
At 31 October 2023
19,105
4,200
7,250
30,555
At 1 November 2022
11,076
1,400
3,781
16,257
Charge for the year
1,606
1,400
694
3,700
At 31 October 2023
12,682
2,800
4,475
19,957
At 31 October 2023
6,423
1,400
2,775
10,598
At 31 October 2022
8,029
2,800
3,469
14,298
BUDDHA EXPRESS MCR LTD
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
13,382
7,288
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,783
10,783
Other creditors
1,841
3,500
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
2,363
1,333
8
Average number of employees
During the year the average number of employees was 7 (2022: 9).