M FABRICS LIMITED

Company Registration Number:
12295284 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

M FABRICS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

M FABRICS LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Musayyab Shaheen
Registered office: 2
Frederick Street
Kings Cross
London
GBR
WC1X 0ND
Company Registration Number: 12295284 (England and Wales)

M FABRICS LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 3,411 2,164
Total fixed assets: 3,411 2,164
Current assets
Stocks: 782 1,000
Debtors: 5 18,431 34,042
Cash at bank and in hand: 1,446 12
Total current assets: 20,659 35,054
Creditors: amounts falling due within one year: 6 ( 11,443 ) ( 57,342 )
Net current assets (liabilities): 9,216 ( 22,288 )
Total assets less current liabilities: 12,627 ( 20,124 )
Creditors: amounts falling due after more than one year: 7 ( 62,366 ) ( 0 )
Provision for liabilities: ( 1 )
Total net assets (liabilities): ( 49,739 ) ( 20,125 )

The notes form part of these financial statements

M FABRICS LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 8 0 0
Profit and loss account: ( 49,740 ) ( 20,126 )
Shareholders funds: ( 49,739 ) ( 20,125 )

For the year ending 30 November 2023 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 3 September 2024
And Signed On Behalf Of The Board By:

Name: Musayyab Shaheen
Status: Director

The notes form part of these financial statements

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 December 2022 2,164 2,164
Additions 1,247 1,247
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 3,411 3,411
Depreciation
At 01 December 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 November 2023 - -
Net book value
At 30 November 2023 3,411 3,411
At 30 November 2022 2,164 2,164

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Debtors


2023
£

2022
£
Trade debtors 4,481 135
Other debtors 13,950 33,907
Total 18,431 34,042

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 650
Trade creditors 4,481 53,074
Taxation and social security 4,856
Other creditors 1,456 4,268
Total 11,443 57,342

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 552
Other creditors 61,814 0
Total 62,366 0

M FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

8. Revaluation reserve


2023
£
Balance at 01 December 2022 0
Surplus or deficit after revaluation 0
Balance at 30 November 2023 0