Company Registration No. 07831902 (England and Wales)
Marcel Mauer Limited
Unaudited accounts
for the year ended 30 November 2023
Marcel Mauer Limited
Unaudited accounts
Contents
Marcel Mauer Limited
Company Information
for the year ended 30 November 2023
Directors
Antonio Pisano
Lorenzo Baldini
Company Number
07831902 (England and Wales)
Registered Office
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Marcel Mauer Limited
Accountants' report
Accountants' report to the board of directors of Marcel Mauer Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Marcel Mauer Limited for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Marcel Mauer Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Marcel Mauer Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marcel Mauer Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Marcel Mauer Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Marcel Mauer Limited. You consider that Marcel Mauer Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Marcel Mauer Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
10 September 2024
Marcel Mauer Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
1
3
Creditors: amounts falling due within one year
(38,194)
(37,878)
Net current liabilities
(30,463)
(29,838)
Net liabilities
(30,463)
(27,655)
Called up share capital
100
100
Profit and loss account
(30,563)
(27,755)
Shareholders' funds
(30,463)
(27,655)
For the year ending 30 November 2023 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 10 September 2024 and were signed on its behalf by
Antonio Pisano
Director
Company Registration No. 07831902
Marcel Mauer Limited
Notes to the Accounts
for the year ended 30 November 2023
Marcel Mauer Limited is a private company, limited by shares, registered in England and Wales, registration number 07831902. The registered office is Suite 1-3, The Hop Exchange, 24 Southwark Street, London, SE1 1TY. The company is in the process of being wound up.
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.
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates
The financial statements have been prepared on a break-up basis as of 30 November 2023. As a result assets were written down to their net recoverable amount on a break-up basis. The directors have also made appropriate provisions in order to bring about the orderly wind-down of the company and its operations. As a result the going concern basis of preparation was not deemed appropriate and the financial statements have been prepared on a break-up basis.
Marcel Mauer Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
5,313
13,928
19,241
Disposals
(5,313)
-
(5,313)
At 30 November 2023
-
13,928
13,928
At 1 December 2022
3,677
13,381
17,058
Charge for the year
883
547
1,430
On disposals
(4,560)
-
(4,560)
At 30 November 2023
-
13,928
13,928
At 30 November 2022
1,636
547
2,183
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
37,878
37,878
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).