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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
Page
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MALIK 247 LEGAL LIMITED Company Information for the year ended 31 March 2024
Director
Asim Ahmed MALIK
Company Number
11864365 (England and Wales)
Registered Office
10 MILLFIELD ROAD LUTON LU3 1RT ENGLAND
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MALIK 247 LEGAL LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,140 
19,784 
Current assets
Debtors
117,735 
61,668 
Cash at bank and in hand
104,909 
88,781 
222,644 
150,449 
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 
Capital and reserves
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
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MALIK 247 LEGAL LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
At 31 March 2024
13,112 
1,028 
14,140 
At 31 March 2023
18,241 
1,543 
19,784 
5
Debtors
2024 
2023 
£ 
£ 
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 
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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 
£ 
£ 
Bank loans
31,882 
35,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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