Registered number
SC433974
M MOHAN LIMITED
5 Belhaven Place
Newton Mearns
Glasgow
Filleted Accounts
for the year ended 31 October 2024
Yousaf & Co Ltd
Chartered Certified Accountants
Registered Auditors
298-300 Maxwell Road
Glasgow
G41 1PJ
Ref: M231/TG
M MOHAN LIMITED
Registered number: SC433974
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 14,819 5,159
Current assets
Cash at bank and in hand 187,031 148,952
Creditors: amounts falling due within one year 4 (60,166) (36,987)
Net current assets 126,865 111,965
Total assets less current liabilities 141,684 117,124
Creditors: amounts falling due after more than one year 5 (8,351) (11,570)
Net assets 133,333 105,554
Capital and reserves
Called up share capital 100 100
Profit and loss account 133,233 105,454
Shareholders' funds 133,333 105,554
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr Manoj Mohan
Director
Approved by the board on 22 November 2024
M MOHAN LIMITED
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 10% Reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Office Equipment
£
Cost
At 1 November 2023 9,879
Additions 11,307
At 31 October 2024 21,186
Depreciation
At 1 November 2023 4,720
Charge for the year 1,647
At 31 October 2024 6,367
Net book value
At 31 October 2024 14,819
At 31 October 2023 5,159
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 19,706 16,508
Other creditors 40,460 20,479
60,166 36,987
5 Creditors: amounts falling due after one year 2024 2023
£ £
Directors loan account 8,351 11,570
M MOHAN LIMITED SC433974 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts July 2024 Dr Manoj Mohan No description of principal activity SC433974 2022-11-01 2023-10-31 SC433974 core:WithinOneYear 2023-10-31 SC433974 core:AfterOneYear 2023-10-31 SC433974 core:ShareCapital 2023-10-31 SC433974 core:RetainedEarningsAccumulatedLosses 2023-10-31 SC433974 2023-11-01 2024-10-31 SC433974 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC433974 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 SC433974 bus:Director40 2023-11-01 2024-10-31 SC433974 2 2023-11-01 2024-10-31 SC433974 core:PlantMachinery 2023-11-01 2024-10-31 SC433974 bus:FRS102 2023-11-01 2024-10-31 SC433974 bus:FilletedAccounts 2023-11-01 2024-10-31 SC433974 2024-10-31 SC433974 core:WithinOneYear 2024-10-31 SC433974 core:AfterOneYear 2024-10-31 SC433974 core:ShareCapital 2024-10-31 SC433974 core:RetainedEarningsAccumulatedLosses 2024-10-31 SC433974 core:PlantMachinery 2024-10-31 SC433974 2023-10-31 SC433974 core:PlantMachinery 2023-10-31 iso4217:GBP xbrli:pure