Company Registration No. 09304737 (England and Wales)
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD
Unaudited accounts
for the year ended 30 November 2023
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD
Unaudited accounts
Contents
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD
Company Information
for the year ended 30 November 2023
Director
Olubusola Adeleke Onabanjo
Company Number
09304737 (England and Wales)
Registered Office
27 EMPRESS ROAD
GRAVESEND
KENT
DA12 2QR
United Kingdom
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
944
358
Creditors: amounts falling due within one year
(12,646)
(7,914)
Net current assets
15,178
11,550
Total assets less current liabilities
15,178
11,550
Creditors: amounts falling due after more than one year
(18,130)
(19,565)
Net liabilities
(2,952)
(8,015)
Called up share capital
2
2
Profit and loss account
(2,954)
(8,017)
Shareholders' funds
(2,952)
(8,015)
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 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 29 November 2024 and were signed on its behalf by
Olubusola Adeleke Onabanjo
Director
Company Registration No. 09304737
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD
Notes to the Accounts
for the year ended 30 November 2023
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD is a private company, limited by shares, registered in England and Wales, registration number 09304737. The registered office is 27 EMPRESS ROAD, GRAVESEND, KENT, DA12 2QR, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Amounts falling due within one year
Other debtors
26,880
19,106
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Taxes and social security
1,914
1,914
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
MANAGED MAGNANIMOUS PORTFOLIO SERVICES UK LTD
Notes to the Accounts
for the year ended 30 November 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).