Company registration number 07602798 (England and Wales)
I S MANDAIR LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
I S MANDAIR LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
13,318
14,907
Current assets
1,493,065
1,507,331
Creditors: amounts falling due within one year
(140,354)
(128,904)
Net current assets
1,352,711
1,378,427
Total assets less current liabilities
1,366,029
1,393,334
Creditors: amounts falling due after more than one year
(19,908)
(29,922)
Net assets
1,346,121
1,363,412
Equity
1,346,121
1,363,412
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the period ending 31 March 2024, advances were made totalling £376,560 to the director. The director repaid £240,000 against these advances during the same period. The director also repaid £1,409 clearing advances from the previous period. Interest is being charged at a rate of 2.25% and as at 31 March 2024, the amount owed by the director to the company was £141,266 (2023: - £1,409) including £4,705 of interest charged.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
3
3

I S Mandair Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Green Orchard, Heatherlands Road, Chilworth, Southampton, Hampshire, United Kingdom, SO16 7JD.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

I S MANDAIR LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 October 2024 and are signed on its behalf by:
Mr Inderjit Mandair
Director
Company registration number 07602798 (England and Wales)
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