Company Registration No. 12403251 (England and Wales)
Makao Investment Limited
Unaudited accounts
for the year ended 31 January 2024
Makao Investment Limited
Unaudited accounts
Contents
Makao Investment Limited
Company Information
for the year ended 31 January 2024
Directors
S Irungu
T Mwangi
M Reru
Company Number
12403251 (England and Wales)
Registered Office
1 CULTURE CLOSE
COLCHESTER
CO4 6DX
ENGLAND
Accountants
KWT PROFESSIONAL SERVICES LTD
Unit A, Ol Forge Yard
Swanley
Kent
BR8 7NF
Makao Investment Limited
Statement of financial position
as at 31 January 2024
Tangible assets
228,473
179,366
Cash at bank and in hand
1,180
11,505
Net current assets
1,783
12,108
Total assets less current liabilities
230,256
191,474
Creditors: amounts falling due after more than one year
(245,159)
(203,159)
Net liabilities
(14,903)
(11,685)
Called up share capital
200
200
Profit and loss account
(15,103)
(11,885)
Shareholders' funds
(14,903)
(11,685)
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by
S Irungu
Director
Company Registration No. 12403251
Makao Investment Limited
Notes to the Accounts
for the year ended 31 January 2024
Makao Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 12403251. The registered office is 1 CULTURE CLOSE, COLCHESTER, CO4 6DX, 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
Land & buildings
At 1 February 2023
179,366
At 31 January 2024
228,473
At 31 January 2024
228,473
At 31 January 2023
179,366
Amounts falling due after more than one year
Makao Investment Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
106,605
106,605
Other creditors
138,554
96,554
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).