MAKE 4 LIMITED

Company Registration Number:
11647788 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

MAKE 4 LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

MAKE 4 LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Current assets
Stocks: 3,870,277 3,870,277
Debtors:   2,535 2,535
Cash at bank and in hand: 99 99
Total current assets: 3,872,911 3,872,911
Creditors: amounts falling due within one year:   (3,872,910) (3,872,910)
Net current assets (liabilities): 1 1
Total assets less current liabilities: 1 1
Total net assets (liabilities): 1 1
Capital and reserves
Called up share capital: 1 1
Shareholders funds: 1 1

The notes form part of these financial statements

MAKE 4 LIMITED

Balance sheet statements

For the year ending 31 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Mr B Chima
Status: Director

The notes form part of these financial statements

MAKE 4 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Valuation and information policy

StocksWork in progress is valued at the lower of cost and net realisable value.Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs inbringing stocks to their present location and condition.

Other accounting policies

TaxationThe tax expense represents the sum of the tax currently payable and deferred tax.Current taxThe tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit asreported in the profit and loss account because it excludes items of income or expense that are taxable ordeductible in other years and it further excludes items that are never taxable or deductible. The company’sliability for current tax is calculated using tax rates that have been enacted or substantively enacted by thereporting end date.Deferred taxDeferred tax liabilities are generally recognised for all timing differences and deferred tax assets arerecognised to the extent that it is probable that they will be recovered against the reversal of deferred taxliabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing differencearises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affectsneither the tax profit nor the accounting profit.The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extentthat it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to berecovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liabilityis settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, exceptwhen it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt within equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right tooffset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by thesame tax authority.

MAKE 4 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

MAKE 4 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Related party transactions

The controlling party is Mammoth Capital Limited.The ultimate controlling party is B S Chima.