1 December 2022 false No description of principal activity Taxfiler 2024.6 07831600business:PrivateLimitedCompanyLtd2022-12-012023-11-30 078316002022-11-30 078316002022-12-012023-11-30 07831600business:AuditExemptWithAccountantsReport2022-12-012023-11-30 07831600business:FilletedAccounts2022-12-012023-11-30 078316002023-11-30 078316002022-11-30 07831600core:WithinOneYear2023-11-30 07831600core:WithinOneYear2022-11-30 07831600core:AfterOneYear2023-11-30 07831600core:AfterOneYear2022-11-30 07831600core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07831600core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 07831600core:RevaluationReservecore:PreviouslyStatedAmount2023-11-30 07831600core:RevaluationReservecore:PreviouslyStatedAmount2022-11-30 07831600core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07831600core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 07831600core:PreviouslyStatedAmount2023-11-30 07831600core:PreviouslyStatedAmount2022-11-30 07831600business:SmallEntities2022-12-012023-11-30 07831600business:Director22022-12-012023-11-30 07831600countries:EnglandWales2022-12-012023-11-30 07831600business:RegisteredOffice2022-12-012023-11-30 07831600core:LandBuildings2022-12-012023-11-30 07831600core:PlantMachinery2022-12-012023-11-30 07831600core:ComputerEquipment2022-12-012023-11-30 07831600core:LandBuildings2022-11-30 07831600core:PlantMachinery2022-11-30 07831600core:ComputerEquipment2022-11-30 07831600core:LandBuildings2023-11-30 07831600core:PlantMachinery2023-11-30 07831600core:ComputerEquipment2023-11-30 078316002021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07831600 (England and Wales)
Matruchaya Enterprise Ltd Unaudited accounts for the year ended 30 November 2023
Matruchaya Enterprise Ltd Unaudited accounts Contents
Page
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Matruchaya Enterprise Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,626,251 
3,626,599 
Current assets
Debtors
333,487 
366,415 
Cash at bank and in hand
23,158 
20,079 
356,645 
386,494 
Creditors: amounts falling due within one year
(471,605)
(475,726)
Net current liabilities
(114,960)
(89,232)
Total assets less current liabilities
3,511,291 
3,537,367 
Creditors: amounts falling due after more than one year
(2,402,514)
(2,427,305)
Provisions for liabilities
Deferred tax
(219,837)
(219,837)
Net assets
888,940 
890,225 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
879,347 
879,347 
Profit and loss account
9,591 
10,876 
Shareholders' funds
888,940 
890,225 
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 her 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 30 November 2024 and were signed on its behalf by
M Parekh Director Company Registration No. 07831600
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Matruchaya Enterprise Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Matruchaya Enterprise Ltd is a private company, limited by shares, registered in England and Wales, registration number 07831600. The registered office is 53 Forty Avenue, Wembley, Middx, HA9 8LH.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Not depreciated
Plant & machinery
20% reducing basis
Computer equipment
20% reducing basis
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Matruchaya Enterprise Ltd Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
3,624,855 
1,508 
6,500 
3,632,863 
At 30 November 2023
3,624,855 
1,508 
6,500 
3,632,863 
Depreciation
At 1 December 2022
- 
1,361 
4,903 
6,264 
Charge for the year
- 
29 
319 
348 
At 30 November 2023
- 
1,390 
5,222 
6,612 
Net book value
At 30 November 2023
3,624,855 
118 
1,278 
3,626,251 
At 30 November 2022
3,624,855 
147 
1,597 
3,626,599 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
327,310 
360,238 
Other debtors
6,177 
6,177 
333,487 
366,415 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
5,004 
Other creditors
456,764 
456,764 
Accruals
12,091 
11,208 
Deferred income
2,750 
2,750 
471,605 
475,726 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,883,953 
1,894,358 
Other creditors
518,561 
532,947 
2,402,514 
2,427,305 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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