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Company Registration No. 08095827 (England and Wales)
M&I Trading Limited Unaudited accounts for the year ended 30 June 2023
M&I Trading Limited Unaudited accounts Contents
Page
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M&I Trading Limited Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
338,072 
Current assets
Debtors
(12,400)
Cash at bank and in hand
14,577 
2,177 
Creditors: amounts falling due within one year
(49)
Net current assets
2,128 
Total assets less current liabilities
340,200 
Creditors: amounts falling due after more than one year
(255,721)
Net assets
84,479 
Capital and reserves
Called up share capital
4 
Profit and loss account
84,475 
Shareholders' funds
84,479 
For the year ending 30 June 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 8 September 2024 and were signed on its behalf by
Majid Ifrahim Director Company Registration No. 08095827
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M&I Trading Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
M&I Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 08095827. The registered office is KASHMIR HOUSE, BRADFORD STREET, DEWSBURY, WF13 1EN, UNITED KINGDOM.
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
These financial statements for the year ended 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
333,756 
5,858 
339,614 
At 30 June 2023
333,756 
5,858 
339,614 
Depreciation
Charge for the year
- 
1,542 
1,542 
At 30 June 2023
- 
1,542 
1,542 
Net book value
At 30 June 2023
333,756 
4,316 
338,072 
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
(12,400)
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M&I Trading Limited Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
(1,043)
Loans from directors
1,092 
49 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
235,165 
Other creditors
20,556 
255,721 
8
Average number of employees
During the year the average number of employees was 0.
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