Company Registration No. 07931621 (England and Wales)
Ma Autos Wimbledon Ltd
Unaudited accounts
for the year ended 29 February 2024
Ma Autos Wimbledon Ltd
Unaudited accounts
Contents
Ma Autos Wimbledon Ltd
Company Information
for the year ended 29 February 2024
Company Number
07931621 (England and Wales)
Registered Office
19 Summerstown
London
London
SW17 0BQ
England
Accountants
Yousuf Associates Limited
192 Haydons Road
Wimbledon
London
SW19 8TR
Ma Autos Wimbledon Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
26,179
10,626
Cash at bank and in hand
12,286
41,656
Creditors: amounts falling due within one year
(22,438)
(15,503)
Net current (liabilities)/assets
(10,152)
26,153
Total assets less current liabilities
16,027
36,779
Creditors: amounts falling due after more than one year
(19,907)
(19,907)
Net (liabilities)/assets
(3,880)
16,872
Called up share capital
1
1
Profit and loss account
(3,881)
16,871
Shareholders' funds
(3,880)
16,872
For the year ending 29 February 2024 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 9 October 2024 and were signed on its behalf by
Shahid MEHMOOD
Director
Company Registration No. 07931621
Ma Autos Wimbledon Ltd
Notes to the Accounts
for the year ended 29 February 2024
Ma Autos Wimbledon Ltd is a private company, limited by shares, registered in England and Wales, registration number 07931621. The registered office is 19 Summerstown, , London, London, SW17 0BQ, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
2,119
13,015
15,134
At 29 February 2024
23,949
13,015
36,964
At 1 March 2023
1,905
2,603
4,508
Charge for the year
3,674
2,603
6,277
At 29 February 2024
5,579
5,206
10,785
At 29 February 2024
18,370
7,809
26,179
At 28 February 2023
214
10,412
10,626
Ma Autos Wimbledon Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
1,309
Other creditors
22,438
14,194
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).