Mavian Agritech Ltd 14477386 false 2022-11-11 2024-03-31 2024-03-31 The principal activity of the company is wholesale of grain and seeds. Digita Accounts Production Advanced 6.30.9574.0 true true 14477386 2022-11-11 2024-03-31 14477386 2024-03-31 14477386 core:RetainedEarningsAccumulatedLosses 2024-03-31 14477386 core:ShareCapital 2024-03-31 14477386 core:CurrentFinancialInstruments 2024-03-31 14477386 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14477386 bus:SmallEntities 2022-11-11 2024-03-31 14477386 bus:AuditExemptWithAccountantsReport 2022-11-11 2024-03-31 14477386 bus:FullAccounts 2022-11-11 2024-03-31 14477386 bus:SmallCompaniesRegimeForAccounts 2022-11-11 2024-03-31 14477386 bus:RegisteredOffice 2022-11-11 2024-03-31 14477386 bus:Director1 2022-11-11 2024-03-31 14477386 bus:PrivateLimitedCompanyLtd 2022-11-11 2024-03-31 14477386 countries:England 2022-11-11 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 14477386

Mavian Agritech Ltd

Unaudited Filleted Financial Statements

for the Period from 11 November 2022 to 31 March 2024

 

Mavian Agritech Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Mavian Agritech Ltd

(Registration number: 14477386)
Balance Sheet as at 31 March 2024

Note

2024
£

Current assets

 

Debtors

4

134

Cash at bank and in hand

 

1,056

 

1,190

Creditors: Amounts falling due within one year

5

(1,670)

Net liabilities

 

(480)

Capital and reserves

 

Called up share capital

100

Retained earnings

(580)

Shareholders' deficit

 

(480)

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 July 2024
 

V Choyal
Director

   
     
 

Mavian Agritech Ltd

Notes to the Unaudited Financial Statements for the Period from 11 November 2022 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Beever and Struthers
One Express
1 George Leigh Street
Manchester
M4 5DL

These financial statements were authorised for issue by the director on 30 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has a good working relationship with its creditors and received assurances from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis. However, should the financial support mentioned above not be forthcoming the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Mavian Agritech Ltd

Notes to the Unaudited Financial Statements for the Period from 11 November 2022 to 31 March 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

4

Debtors

Current

2024
£

Prepayments

134

 

134

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

1,200

Other creditors

470

1,670