Company Registration No. 11236591 (England and Wales)
MPAINTM LTD
Unaudited accounts
for the year ended 31 March 2024
MPAINTM LTD
Unaudited accounts
Contents
MPAINTM LTD
Company Information
for the year ended 31 March 2024
Director
GINEL GEORGEL DODE
Company Number
11236591 (England and Wales)
Registered Office
34 SINNOTT ROAD
LONDON
E17 5PL
UNITED KINGDOM
MPAINTM LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
9,575
30,372
Creditors: amounts falling due within one year
(29,174)
(29,500)
Net current (liabilities)/assets
(19,573)
2,736
Total assets less current liabilities
(19,203)
8,694
Creditors: amounts falling due after more than one year
(16,034)
(23,161)
Net liabilities
(35,237)
(14,467)
Profit and loss account
(35,237)
(14,467)
Shareholders' funds
(35,237)
(14,467)
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 31 March 2024 and were signed on its behalf by
GINEL GEORGEL DODE
Director
Company Registration No. 11236591
MPAINTM LTD
Notes to the Accounts
for the year ended 31 March 2024
MPAINTM LTD is a private company, limited by shares, registered in England and Wales, registration number 11236591. The registered office is 34 SINNOTT ROAD, LONDON, E17 5PL, UNITED KINGDOM.
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
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
21,034
224
1,258
22,516
At 31 March 2024
21,034
224
1,258
22,516
At 1 April 2023
15,817
112
629
16,558
Charge for the year
5,217
56
315
5,588
At 31 March 2024
21,034
168
944
22,146
At 31 March 2024
-
56
314
370
At 31 March 2023
5,217
112
629
5,958
Amounts falling due within one year
MPAINTM LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(2,873)
(3,203)
Loans from directors
29,447
32,183
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).