Company Registration No. 11885298 (England and Wales)
Madina Import Export Uk Ltd
Unaudited accounts
for the year ended 31 March 2024
Madina Import Export Uk Ltd
Unaudited accounts
Contents
Madina Import Export Uk Ltd
Company Information
for the year ended 31 March 2024
Company Number
11885298 (England and Wales)
Registered Office
UNIT C25 - 26
WHITWORTH STREET
MANCHESTER
M11 2WP
ENGLAND
Accountants
Quicksolve Accountans
1040 Stockport Road
Manchester
M19 3WX
Madina Import Export Uk Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
139,158
119,025
Cash at bank and in hand
54,000
63,492
Creditors: amounts falling due within one year
(304,947)
(201,912)
Net current assets
20,845
127,569
Total assets less current liabilities
160,003
246,594
Creditors: amounts falling due after more than one year
(22,330)
(13,803)
Net assets
137,673
232,791
Called up share capital
100
100
Profit and loss account
137,573
232,691
Shareholders' funds
137,673
232,791
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 7 October 2024 and were signed on its behalf by
Mr A Pervaiz
Director
Company Registration No. 11885298
Madina Import Export Uk Ltd
Notes to the Accounts
for the year ended 31 March 2024
Madina Import Export Uk Ltd is a private company, limited by shares, registered in England and Wales, registration number 11885298. The registered office is UNIT C25 - 26, WHITWORTH STREET, MANCHESTER, M11 2WP, ENGLAND.
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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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
18,249
182,353
3,403
204,005
Additions
1,854
48,826
-
50,680
At 31 March 2024
20,103
231,179
3,403
254,685
At 1 April 2023
9,837
73,393
1,750
84,980
Charge for the year
1,848
28,401
298
30,547
At 31 March 2024
11,685
101,794
2,048
115,527
At 31 March 2024
8,418
129,385
1,355
139,158
At 31 March 2023
8,412
108,960
1,653
119,025
Madina Import Export Uk Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
199,728
200,352
Other debtors
12,500
21,444
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
37,047
42,046
Trade creditors
253,507
148,683
Taxes and social security
-
9,544
Loans from directors
12,485
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,330
13,803
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Average number of employees
During the year the average number of employees was 17 (2023: 17).