2023-01-01 08323476 2023-12-31 08323476 2023-01-01 2023-12-31 08323476 2022-12-31 08323476 2022-01-01 2022-12-31 08323476 uk-core:WithinOneYear 2022-12-31 08323476 uk-core:WithinOneYear 2023-12-31 08323476 uk-core:ShareCapital 2023-12-31 08323476 uk-core:ShareCapital 2022-12-31 08323476 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 08323476 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 08323476 uk-bus:Director1 2023-01-01 2023-12-31 08323476 uk-core:ComputerEquipment 2023-01-01 2023-12-31 08323476 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 08323476 uk-core:FurnitureFittings 2023-01-01 2023-12-31 08323476 uk-core:ComputerEquipment 2022-12-31 08323476 uk-core:CommercialMotorVehicles 2022-12-31 08323476 uk-core:CommercialMotorVehicles 2023-12-31 08323476 uk-core:ComputerEquipment 2023-12-31 iso4217:GBP xbrli:pure 08323476 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08323476 uk-bus:FRS102 2023-01-01 2023-12-31 08323476 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 08323476 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
MALIBU WORLD SHOPPING LTD
Registered Number:08323476
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
MALIBU WORLD SHOPPING LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08323476
As at 31 December 2023
MALIBU WORLD SHOPPING LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
661
826
2
661
826
Current assets
Trade and other receivables
80,284
80,701
3
60
Cash and cash equivalents
580
81,281
80,344
Trade and other payables: amounts falling due within one
year
(79,946)
(83,226)
4
398
(1,945)
Net current liabilities
Total assets less current liabilities
(1,284)
1,224
(1,284)
Net assets/liabilities
1,224
Capital and reserves
Called up share capital
1
1
Retained earnings
(1,285)
1,223
(1,284)
1,224
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Stuart Anthony Spurling Director
These financial statements were approved and authorised for issue by the Board on 24 September 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2023
MALIBU WORLD SHOPPING LTD
Notes to the Financial Statements
Statutory Information
MALIBU WORLD SHOPPING LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08323476.
Registered address:
Unit 9, 97/101 Peregrine Road,
Hainault Business Park
Hainault
Essex
IG6 3XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Computer equipment
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
5
For the year ended 31 December 2023
MALIBU WORLD SHOPPING LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or
valuation
At 01 January 2023
6,150
650
5,500
At 31 December 2023
5,500
650
6,150
Provision for depreciation and impairment
At 01 January 2023
5,324
562
4,762
Charge for year
165
17
148
At 31 December 2023
5,489
579
4,910
At 31 December 2023
Net book value
590
71
661
At 31 December 2022
738
88
826
3. Trade and other receivables
2022
2023
£
£
Other debtors
80,701
80,284
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
83,226
79,946
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
3 of 3