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REGISTERED NUMBER: 11853559 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

Mpav Limited

Mpav Limited (Registered number: 11853559)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Mpav Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr M Freund





REGISTERED OFFICE: C/O APS Accountancy Ltd
4 Cromwell Court
New Street
Aylesbury
Buckinghamshire
HP20 2PB





REGISTERED NUMBER: 11853559 (England and Wales)

Mpav Limited (Registered number: 11853559)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 1,983 2,953

CURRENT ASSETS
Debtors 4 17,369 4,342
Cash at bank 3,164 1,612
20,533 5,954
CREDITORS
Amounts falling due within one year 5 (17,066 ) (7,768 )
NET CURRENT ASSETS/(LIABILITIES) 3,467 (1,814 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,450

1,139

PROVISIONS FOR LIABILITIES (377 ) (561 )
NET ASSETS 5,073 578

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,973 478
5,073 578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2024 and were signed by:





Mr M Freund - Director


Mpav Limited (Registered number: 11853559)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed assets
All fixed assets are initially recorded at cost.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Mpav Limited (Registered number: 11853559)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 9,501
Additions 150
At 29 February 2024 9,651
DEPRECIATION
At 1 March 2023 6,548
Charge for year 1,120
At 29 February 2024 7,668
NET BOOK VALUE
At 29 February 2024 1,983
At 28 February 2023 2,953

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,550 4,342
Other debtors 5,819 -
17,369 4,342

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,760 4,878
Taxation and social security 12,062 2,864
Other creditors 244 26
17,066 7,768