MAVANA LIMITED

Company Registration Number:
12403686 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

MAVANA LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MAVANA LIMITED

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal activities of the company

-- Mavana Limited -- A Company Established in January 2020, we specialize in Wholesale and Rental of Equipment ranging from Mini Construction Equipment to Tractor Units coupled with Excavators, Crushers, Screeners and Shredders. We also manage properties around the UK and Western Europe coupled with Construction and Demolition. We have been involved in Retail Sales for sometime and the demand is strong, we couple this with our Import and Export and ultimately grows another sub division to our company.



Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Mitesh Jitendra Patel


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 July 2024

And signed on behalf of the board by:
Name: Mitesh Jitendra Patel
Status: Director

MAVANA LIMITED

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 4,120,722 3,908,552
Cost of sales: ( 1,973,976 ) ( 2,208,997 )
Gross profit(or loss): 2,146,746 1,699,555
Distribution costs: ( 101,899 ) ( 149,220 )
Administrative expenses: ( 69,392 ) ( 81,098 )
Other operating income: 112 195
Operating profit(or loss): 1,975,567 1,469,432
Interest receivable and similar income: 23,026 18,043
Interest payable and similar charges: ( 96,983 ) ( 181,384 )
Profit(or loss) before tax: 1,901,610 1,306,091
Tax: ( 380,000 ) ( 260,000 )
Profit(or loss) for the financial year: 1,521,610 1,046,091

MAVANA LIMITED

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 389,011 186,952
Investments:   0 0
Total fixed assets: 389,011 186,952
Current assets
Stocks: 4 196,229 76,853
Debtors: 5 1,219,774 1,657,654
Cash at bank and in hand: 319,773 105,353
Investments: 6 325,500 0
Total current assets: 2,061,276 1,839,860
Prepayments and accrued income: 911 0
Creditors: amounts falling due within one year: 7 ( 116,998 ) ( 487,534 )
Net current assets (liabilities): 1,945,189 1,352,326
Total assets less current liabilities: 2,334,200 1,539,278
Creditors: amounts falling due after more than one year: 8 ( 167,448 ) 0
Provision for liabilities: ( 31,800 ) 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,134,952 1,539,278
Capital and reserves
Called up share capital: 110 110
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 2,134,842 1,539,168
Total Shareholders' funds: 2,134,952 1,539,278

The notes form part of these financial statements

MAVANA LIMITED

Balance sheet statements

For the year ending 31 January 2024 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.

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

This report was approved by the board of directors on 25 July 2024
and signed on behalf of the board by:

Name: Mitesh Jitendra Patel
Status: Director

The notes form part of these financial statements

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 3

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 0 150,580 0 0 36,372 186,952
Additions 0 81,500 0 0 159,059 240,559
Disposals 0 ( 17,995 ) 0 0 ( 20,505 ) ( 38,500 )
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 January 2024 0 214,085 0 0 174,926 389,011
Depreciation
At 1 February 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 January 2024 0 0 0 0 0 0
Net book value
At 31 January 2024 0 214,085 0 0 174,926 389,011
At 31 January 2023 0 150,580 0 0 36,372 186,952

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Stocks

2024 2023
£ £
Stocks 196,229 76,853
Payments on account 0 0
Total 196,229 76,853

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors

2024 2023
£ £
Trade debtors 1,219,774 1,657,654
Prepayments and accrued income 0 0
Other debtors 0 0
Total 1,219,774 1,657,654
Debtors due after more than one year: 0 0

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Current assets investments note

We are keeping these assets for 12 Months and then renewing for replacement vehicles and machinery.

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 101,500
Amounts due under finance leases and hire purchase contracts 27,416 41,500
Trade creditors 16,000 250,000
Taxation and social security 69,082 87,534
Accruals and deferred income 0 0
Other creditors 4,500 7,000
Total 116,998 487,534

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 167,448 0
Other creditors 0 0
Total 167,448 0

MAVANA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

9. Loans to directors

Name of director receiving advance or credit: Mitesh Jitendra Patel
Description of the transaction:
Advance for Personal Property
£
Balance at 31 January 2023 215,000
Advances or credits made:
Advances or credits repaid: 164,500
Balance at 31 January 2024 50,500