M & L SAWA LIMITED

Company Registration Number:
08752315 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

M & L SAWA LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

M & L SAWA LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Matthew Sawa
Linda Sawa
Registered office: 1
Moorfield Avenue
London
England
W5 1LG
Company Registration Number: 08752315 (England and Wales)

M & L SAWA LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 631,797 633,200
Total fixed assets: 631,797 633,200
Current assets
Debtors: 5 1,531
Cash at bank and in hand: 5,596 23,962
Total current assets: 7,127 23,962
Creditors: amounts falling due within one year: 6 ( 3,965 ) ( 3,965 )
Net current assets (liabilities): 3,162 19,997
Total assets less current liabilities: 634,959 653,197
Creditors: amounts falling due after more than one year: 7 ( 625,992 ) ( 644,544 )
Provision for liabilities: ( 560 ) ( 1,469 )
Accruals and deferred income: ( 540 ) ( 300 )
Total net assets (liabilities): 7,867 6,884

The notes form part of these financial statements

M & L SAWA LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 240 240
Profit and loss account: 7,627 6,644
Shareholders funds: 7,867 6,884

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Matthew Sawa
Status: Director

The notes form part of these financial statements

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

    Improvements to property-10% on cost

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 November 2022 644,425 644,425
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 644,425 644,425
Depreciation
At 01 November 2022 11,225 11,225
Charge for year 1,403 1,403
On disposals - -
Other adjustments - -
At 31 October 2023 12,628 12,628
Net book value
At 31 October 2023 631,797 631,797
At 31 October 2022 633,200 633,200

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property-10% on cost

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors


2023
£

2022
£
Trade debtors 1,531
Total 1,531

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 3,965 3,965
Total 3,965 3,965

M & L SAWA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 625,992 644,544
Total 625,992 644,544