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Company Registration No. 11847764 (England and Wales)
Mwanaaziz Holdings Limited Unaudited accounts for the year ended 29 February 2024
Mwanaaziz Holdings Limited Unaudited accounts Contents
Page
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Mwanaaziz Holdings Limited Company Information for the year ended 29 February 2024
Directors
Aftkharullah Awan Mazharullah Awan
Company Number
11847764 (England and Wales)
Registered Office
7 Baring Road London London SE12 0JP England
Accountants
Select Tax & Accounts Limited 75 Tassell Hall Redbourn Hertfordshire AL3 7JE
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Mwanaaziz Holdings Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
283,987 
288,919 
Creditors: amounts falling due within one year
(316,657)
(313,272)
Net current liabilities
(316,657)
(313,272)
Net liabilities
(32,670)
(24,353)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(32,770)
(24,453)
Shareholders' funds
(32,670)
(24,353)
For the year ending 29 February 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 23 November 2024 and were signed on its behalf by
Aftkharullah Awan Director Company Registration No. 11847764
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Mwanaaziz Holdings Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Mwanaaziz Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 11847764. The registered office is 7 Baring Road, London, London, SE12 0JP, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Straight line over 50 years on buildings only
Going concern
The financial statements have been prepared on a going concern basis even though at the balance sheet date the company's current liabilities exceeded its current assets by £32,670. The director consider the going concern basis to be appropriate because, in his opinion, the company will continue to obtain sufficient funding from its shareholders to enable it to pay its debts as they fall due. If the company was unable to continue to obtain sufficient funding to enable it to pay its debts as they fell due, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realizable amount, to provide for any further liabilities which might arise, and to re-classify fixed assets and long term liabilities as current assets and liabilities
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Mwanaaziz Holdings Limited Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
308,236 
At 29 February 2024
308,236 
Depreciation
At 1 March 2023
19,317 
Charge for the year
4,932 
At 29 February 2024
24,249 
Net book value
At 29 February 2024
283,987 
At 28 February 2023
288,919 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
- 
1,200 
Loans from directors
316,332 
312,072 
Accruals
325 
- 
316,657 
313,272 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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