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REGISTERED NUMBER: 11217206 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

MOSCAL LTD

MOSCAL LTD (Registered number: 11217206)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOSCAL LTD

Company Information
for the Year Ended 29 February 2024







DIRECTOR: M I Moscal





REGISTERED OFFICE: 50 Roundhills
Waltham Abbey
Essex
EN9 1TP





REGISTERED NUMBER: 11217206 (England and Wales)





ACCOUNTANTS: GCA Associates
50 Roundhills
Waltham Abbey
Essex
EN9 1TP

MOSCAL LTD (Registered number: 11217206)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,393 6,088

CURRENT ASSETS
Debtors 5 17,163 42,677
Cash at bank 5,800 3,723
22,963 46,400
CREDITORS
Amounts falling due within one year 6 27,885 51,528
NET CURRENT LIABILITIES (4,922 ) (5,128 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

471

960

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 371 860
SHAREHOLDERS' FUNDS 471 960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

MOSCAL LTD (Registered number: 11217206)

Balance Sheet - continued
29 February 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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





M I Moscal - Director


MOSCAL LTD (Registered number: 11217206)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

MOSCAL LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 Companies Act 2006. 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

MOSCAL LTD (Registered number: 11217206)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 13,416 5,916 19,332
DEPRECIATION
At 1 March 2023 8,210 5,034 13,244
Charge for year 384 311 695
At 29 February 2024 8,594 5,345 13,939
NET BOOK VALUE
At 29 February 2024 4,822 571 5,393
At 28 February 2023 5,206 882 6,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 17,163 15,231
CIS tax recoverable - 27,446
17,163 42,677

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 6,062 9,411
Tax 5,924 7,966
Social security and other taxes 479 16,871
VAT 15,420 17,280
27,885 51,528

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1.00 100 100

MOSCAL LTD (Registered number: 11217206)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. RESERVES
Retained
earnings
£   

At 1 March 2023 860
Profit for the year 3,511
Dividends (4,000 )
At 29 February 2024 371

9. ULTIMATE CONTROLLING PARTY

The controlling party is M I Moscal.