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REGISTERED NUMBER: OC433700 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

MAKAN MALAYSIA UK LLP

MAKAN MALAYSIA UK LLP (REGISTERED NUMBER: OC433700)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAKAN MALAYSIA UK LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DESIGNATED MEMBERS: Miss S Encarnacion
Miss K J Perry





REGISTERED OFFICE: 20 North Street
Caversham
Reading
Berkshire
RG4 8JA





REGISTERED NUMBER: OC433700 (England and Wales)





ACCOUNTANTS: Vale & West
Chartered Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG

MAKAN MALAYSIA UK LLP (REGISTERED NUMBER: OC433700)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,165 21,243

CURRENT ASSETS
Debtors 5 53,209 51,421
Cash at bank 4,005 1,095
57,214 52,516
CREDITORS
Amounts falling due within one year 6 22,845 23,427
NET CURRENT ASSETS 34,369 29,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,534

50,332

CREDITORS
Amounts falling due after more than one
year

7

39,558

45,779
NET ASSETS ATTRIBUTABLE TO
MEMBERS

9,976

4,553

MAKAN MALAYSIA UK LLP (REGISTERED NUMBER: OC433700)

BALANCE SHEET - continued
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

9,976

4,553

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 9,976 4,553
Amounts due from members 5 (40,434 ) (40,038 )
(30,458 ) (35,485 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 October 2023.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 July 2024 and were signed by:





Miss S Encarnacion - Designated member

MAKAN MALAYSIA UK LLP (REGISTERED NUMBER: OC433700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Makan Malaysia UK LLP is a limited liability partnership registered in England and Wales. The registered office and place of business is 20 North Street, Caversham, Reading, Berkshire, RG4 8JA.

The principal activity of the LLP is that of catering.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the
company.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 and Straight line over 5 years

Motor Vehicles - 20% on Straight line over 5 years

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Taxation
Taxation on all the LLP's profits is solely the personal liability of individual members and is not dealt with in these financial statements.

Financial assets and liabilities
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

MAKAN MALAYSIA UK LLP (REGISTERED NUMBER: OC433700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Going concern
After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 17,406 6,057 9,400 333 33,196
Additions - 1,175 - - 1,175
At 31 October 2023 17,406 7,232 9,400 333 34,371
DEPRECIATION
At 1 November 2022 6,962 3,028 1,880 83 11,953
Charge for year 3,481 1,808 1,880 84 7,253
At 31 October 2023 10,443 4,836 3,760 167 19,206
NET BOOK VALUE
At 31 October 2023 6,963 2,396 5,640 166 15,165
At 31 October 2022 10,444 3,029 7,520 250 21,243

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,617 263
Other debtors 51,592 51,158
53,209 51,421

MAKAN MALAYSIA UK LLP (REGISTERED NUMBER: OC433700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 6,280 3,061
Trade creditors 5,921 12,118
Taxation and social security 1,732 1,379
Other creditors 8,912 6,869
22,845 23,427

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 39,558 45,779

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a
winding up.

9. OTHER FINANCIAL COMMITMENTS

At 31 October 2023 the LLP had total commitments under non-cancellable operating leases over the remaining life of those leases of £31,542 (2022: £46,970).

10. ULTIMATE CONTROLLING PARTY

The designated members are considered to be the ultimate party by virtue of their interests in the entity.