Company Registration No. 11864365 (England and Wales)
MALIK 247 LEGAL LIMITED
Unaudited accounts
for the year ended 31 March 2024
MALIK 247 LEGAL LIMITED
Unaudited accounts
Contents
MALIK 247 LEGAL LIMITED
Company Information
for the year ended 31 March 2024
Company Number
11864365 (England and Wales)
Registered Office
10 MILLFIELD ROAD
LUTON
LU3 1RT
ENGLAND
MALIK 247 LEGAL LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
14,140
19,784
Cash at bank and in hand
104,909
88,781
Creditors: amounts falling due within one year
-
(1,500)
Net current assets
222,644
148,949
Total assets less current liabilities
236,784
168,733
Creditors: amounts falling due after more than one year
(31,882)
(35,000)
Net assets
204,902
133,733
Called up share capital
1
1
Profit and loss account
204,901
133,732
Shareholders' funds
204,902
133,733
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 27 December 2024 and were signed on its behalf by
Asim Ahmed MALIK
Director
Company Registration No. 11864365
MALIK 247 LEGAL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
MALIK 247 LEGAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11864365. The registered office is 10 MILLFIELD ROAD, LUTON, LU3 1RT, 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.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
28,499
4,020
32,519
At 31 March 2024
28,499
4,020
32,519
At 1 April 2023
10,258
2,477
12,735
Charge for the year
5,129
515
5,644
At 31 March 2024
15,387
2,992
18,379
At 31 March 2024
13,112
1,028
14,140
At 31 March 2023
18,241
1,543
19,784
Amounts falling due after more than one year
Other debtors
117,735
61,668
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
1,500
MALIK 247 LEGAL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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).