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REGISTERED NUMBER: 09608200 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024

FOR

613 MANEK LIMITED

613 MANEK LIMITED (REGISTERED NUMBER: 09608200)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


613 MANEK LIMITED

COMPANY INFORMATION
for the Year Ended 31st May 2024







Directors: Dr Q A Abbasali
J R Blackston





Registered office: 1-24 Granville Court
169 Upper Chorlton Road
Manchester
M16 9RA





Registered number: 09608200 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

613 MANEK LIMITED (REGISTERED NUMBER: 09608200)

BALANCE SHEET
31st May 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investment property 4 517,833 134,000

Current assets
Debtors 5 - 17,720
Cash at bank 61,801 39,429
61,801 57,149
Creditors
Amounts falling due within one year 6 134,031 95,961
Net current liabilities (72,230 ) (38,812 )
Total assets less current liabilities 445,603 95,188

Creditors
Amounts falling due after more than one
year

7

(353,033

)

(38,193

)

Provisions for liabilities (11,254 ) (7,033 )
Net assets 81,316 49,962

Capital and reserves
Called up share capital 8 100 100
Fair value reserves 9 33,763 29,984
Retained earnings 9 47,453 19,878
Shareholders' funds 81,316 49,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

613 MANEK LIMITED (REGISTERED NUMBER: 09608200)

BALANCE SHEET - continued
31st May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th October 2024 and were signed on its behalf by:





Dr Q A Abbasali - Director


613 MANEK LIMITED (REGISTERED NUMBER: 09608200)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st May 2024

1. Statutory information

613 Manek Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

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

613 MANEK LIMITED (REGISTERED NUMBER: 09608200)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st May 2024

4. Investment property
Total
£   
Fair value
At 1st June 2023 134,000
Additions 375,833
Revaluations 8,000
At 31st May 2024 517,833
Net book value
At 31st May 2024 517,833
At 31st May 2023 134,000

Fair value at 31st May 2024 is represented by:
£   
Valuation in 2023 37,017
Valuation in 2024 8,000
Cost 472,816
517,833

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors - 17,720

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 8,792 493
Tax 6,468 182
Tenant deposits 8,735 10,035
Private loan 2,000 12,000
Directors' current accounts 107,256 55,144
Accrued expenses 780 18,107
134,031 95,961

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 353,033 38,193

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

613 MANEK LIMITED (REGISTERED NUMBER: 09608200)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st May 2024

9. Reserves
Fair
Retained value
earnings reserves Totals
£    £    £   

At 1st June 2023 19,878 29,984 49,862
Profit for the year 31,354 31,354
Fair value adj (3,779 ) 3,779 -
At 31st May 2024 47,453 33,763 81,216