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Company Registration No. 13687488 (England and Wales)
MERCHANTAL LTD Unaudited accounts for the year ended 31 October 2023
MERCHANTAL LTD Unaudited accounts Contents
Page
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MERCHANTAL LTD Company Information for the year ended 31 October 2023
Director
Shahzaib Hammad SHAH
Company Number
13687488 (England and Wales)
Registered Office
114-116 MANNINGHAM LANE BRADFORD BD8 7JF ENGLAND
Accountants
Mayden Group Limited Chartered Certified Accountants 114-116 Manningham Lane Bradford West Yorkshire BD8 7JF
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MERCHANTAL LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,070 
1,320 
Current assets
Inventories
5,919 
4,155 
Debtors
759 
759 
Cash at bank and in hand
20,788 
20,304 
27,466 
25,218 
Creditors: amounts falling due within one year
(28,745)
(23,856)
Net current (liabilities)/assets
(1,279)
1,362 
Net assets
3,791 
2,682 
Capital and reserves
Profit and loss account
3,791 
2,682 
Shareholders' funds
3,791 
2,682 
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 30 July 2024 and were signed on its behalf by
Shahzaib Hammad SHAH Director Company Registration No. 13687488
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MERCHANTAL LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
MERCHANTAL LTD is a private company, limited by shares, registered in England and Wales, registration number 13687488. The registered office is 114-116 MANNINGHAM LANE, BRADFORD, BD8 7JF, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
Depreciate by 20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
1,650 
Additions
5,017 
At 31 October 2023
6,667 
Depreciation
At 1 November 2022
330 
Charge for the year
1,267 
At 31 October 2023
1,597 
Net book value
At 31 October 2023
5,070 
At 31 October 2022
1,320 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
759 
759 
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MERCHANTAL LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,344 
1,478 
Trade creditors
7,619 
- 
Taxes and social security
319 
319 
Other creditors
91 
158 
Loans from directors
18,922 
21,451 
Accruals
450 
450 
28,745 
23,856 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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