Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-011falsefalsethat of investing in properties1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07506129 2023-02-01 2024-01-31 07506129 2022-02-01 2023-01-31 07506129 2024-01-31 07506129 2023-01-31 07506129 c:Director1 2023-02-01 2024-01-31 07506129 d:FurnitureFittings 2023-02-01 2024-01-31 07506129 d:FurnitureFittings 2024-01-31 07506129 d:FurnitureFittings 2023-01-31 07506129 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 07506129 d:FreeholdInvestmentProperty 2023-02-01 2024-01-31 07506129 d:FreeholdInvestmentProperty 2024-01-31 07506129 d:FreeholdInvestmentProperty 2023-01-31 07506129 d:CurrentFinancialInstruments 2024-01-31 07506129 d:CurrentFinancialInstruments 2023-01-31 07506129 d:Non-currentFinancialInstruments 2024-01-31 07506129 d:Non-currentFinancialInstruments 2023-01-31 07506129 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07506129 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 07506129 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 07506129 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 07506129 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 07506129 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-01-31 07506129 d:ShareCapital 2024-01-31 07506129 d:ShareCapital 2023-01-31 07506129 d:RetainedEarningsAccumulatedLosses 2024-01-31 07506129 d:RetainedEarningsAccumulatedLosses 2023-01-31 07506129 c:FRS102 2023-02-01 2024-01-31 07506129 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07506129 c:FullAccounts 2023-02-01 2024-01-31 07506129 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07506129 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 07506129










MARANJA LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
MARANJA LTD
REGISTERED NUMBER: 07506129

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,725
-

Investment property
 5 
710,809
250,206

  
716,534
250,206

Current assets
  

Debtors: amounts falling due within one year
 6 
374,901
575,576

Cash at bank and in hand
 7 
2,685
20,926

  
377,586
596,502

Creditors: amounts falling due within one year
 8 
(811,088)
(759,588)

Net current liabilities
  
 
 
(433,502)
 
 
(163,086)

Total assets less current liabilities
  
283,032
87,120

Creditors: amounts falling due after more than one year
 9 
(412,766)
(101,700)

  

Net liabilities
  
(129,734)
(14,580)


Capital and reserves
  

Called up share capital 
  
500
500

Profit and loss account
  
(130,234)
(15,080)

  
(129,734)
(14,580)


Page 1

 
MARANJA LTD
REGISTERED NUMBER: 07506129
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 December 2024.



Mikko Markus Iso-Kulmala
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MARANJA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Maranja Ltd is a private company limited by share capital and incorporated in England and Wales with registration number 07506129. The address of the registered office is 14th Floor 33 Cavendish Square, London, United Kingdom, W1G 0PW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Going concern

The director will provide support to the company to meets its liabilities as they fall due, based on this the financial statements are prepared on a going concern basis.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
MARANJA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Investment property

Investment property is carried at fair value determined annually by director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
MARANJA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
7,634



At 31 January 2024

7,634



Depreciation


Charge for the year on owned assets
1,909



At 31 January 2024

1,909



Net book value



At 31 January 2024
5,725



At 31 January 2023
-


5.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
250,206


Additions at cost
460,603



At 31 January 2024
710,809

The 2024 valuations were made by director, on an open market value for existing use basis.



Page 5

 
MARANJA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Debtors

2024
2023
£
£


Other debtors
374,901
575,576



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,685
20,926



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
808,988
758,488

Accruals and deferred income
2,100
1,100

811,088
759,588



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
410,666
101,700

Accruals and deferred income
2,100
-

412,766
101,700


The bank loan is secured by a fixed and floating charge over the company's assets.

Page 6

 
MARANJA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

10.


Loans


2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
410,666
101,700



11.


Capital commitments


At 31 January 2024 the Company had capital commitments as follows:

2024
2023
£
£


Contracted for but not provided in these financial statements
534,286
1,319,932

534,286
1,319,932


12.


Related party transactions

Included in other creditors at the year end is £808,988 (2023: £758,488) due to the director of the company. 

 
Page 7