IRIS Accounts Production v24.3.2.46 09420670 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false A Class Ordinary 1.00000 B Class Ordinary 1.00000 C Class Ordinary 1.00000 D Class Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094206702023-04-30094206702024-04-30094206702023-05-012024-04-30094206702022-04-30094206702022-05-012023-04-30094206702023-04-3009420670ns15:EnglandWales2023-05-012024-04-3009420670ns14:PoundSterling2023-05-012024-04-3009420670ns10:Director12023-05-012024-04-3009420670ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009420670ns10:SmallEntities2023-05-012024-04-3009420670ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009420670ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009420670ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009420670ns10:FullAccounts2023-05-012024-04-3009420670ns10:OrdinaryShareClass12023-05-012024-04-3009420670ns10:OrdinaryShareClass22023-05-012024-04-3009420670ns10:OrdinaryShareClass32023-05-012024-04-3009420670ns10:OrdinaryShareClass42023-05-012024-04-3009420670ns10:Director22023-05-012024-04-3009420670ns10:RegisteredOffice2023-05-012024-04-3009420670ns5:CurrentFinancialInstruments2024-04-3009420670ns5:CurrentFinancialInstruments2023-04-3009420670ns5:Non-currentFinancialInstruments2024-04-3009420670ns5:Non-currentFinancialInstruments2023-04-3009420670ns5:ShareCapital2024-04-3009420670ns5:ShareCapital2023-04-3009420670ns5:RetainedEarningsAccumulatedLosses2024-04-3009420670ns5:RetainedEarningsAccumulatedLosses2023-04-3009420670ns5:PlantMachinery2023-05-012024-04-3009420670ns5:FurnitureFittings2023-05-012024-04-3009420670ns5:ComputerEquipment2023-05-012024-04-3009420670ns5:LandBuildings2023-04-3009420670ns5:PlantMachinery2023-04-3009420670ns5:FurnitureFittings2023-04-3009420670ns5:ComputerEquipment2023-04-3009420670ns5:LandBuildings2023-05-012024-04-3009420670ns5:LandBuildings2024-04-3009420670ns5:PlantMachinery2024-04-3009420670ns5:FurnitureFittings2024-04-3009420670ns5:ComputerEquipment2024-04-3009420670ns5:LandBuildings2023-04-3009420670ns5:PlantMachinery2023-04-3009420670ns5:FurnitureFittings2023-04-3009420670ns5:ComputerEquipment2023-04-3009420670ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3009420670ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3009420670ns10:OrdinaryShareClass12024-04-3009420670ns10:OrdinaryShareClass22024-04-3009420670ns10:OrdinaryShareClass32024-04-3009420670ns10:OrdinaryShareClass42024-04-30
REGISTERED NUMBER: 09420670 (England and Wales)











Financial Statements

for the Year Ended 30 April 2024

for

MOLVENNY LIMITED

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOLVENNY LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Ms S Yeung
Ms N Bahl





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 09420670 (England and Wales)





ACCOUNTANTS: Conroy & Lermer
Chartered Accountants
42 Lytton Road
BARNET
EN5 5BY

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 354,177 359,571

CURRENT ASSETS
Debtors 5 12,626 28,926
Cash at bank 9,744 25,105
22,370 54,031
CREDITORS
Amounts falling due within one year 6 297,655 295,102
NET CURRENT LIABILITIES (275,285 ) (241,071 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,892

118,500

CREDITORS
Amounts falling due after more than one year 7 87,593 117,581
NET (LIABILITIES)/ASSETS (8,701 ) 919

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings (8,901 ) 719
SHAREHOLDERS' FUNDS (8,701 ) 919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





Ms N Bahl - Director


MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Molvenny Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in relation to management services provided

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on Cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 338,240 29,428 38,629 1,631 407,928
DEPRECIATION
At 1 May 2023 - 18,226 29,441 690 48,357
Charge for year - 2,862 2,297 235 5,394
At 30 April 2024 - 21,088 31,738 925 53,751
NET BOOK VALUE
At 30 April 2024 338,240 8,340 6,891 706 354,177
At 30 April 2023 338,240 11,202 9,188 941 359,571

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 12,626 28,926

MOLVENNY LIMITED (REGISTERED NUMBER: 09420670)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts (see note 8) 8,954 11,114
Directors' current accounts 287,381 282,668
Accruals and deferred income 1,320 1,320
297,655 295,102

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans (see note 8) 87,593 117,581

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 87,593 117,581

8. LOANS

An analysis of the maturity of loans is given below:

30.4.24 30.4.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,954 11,114

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 87,593 117,581

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 A Class Ordinary £1 1 1
1 B Class Ordinary £1 1 1
99 C Class Ordinary £1 99 99
99 D Class Ordinary £1 99 99
200 200

10. RELATED PARTY DISCLOSURES

Included in creditors due within one year is £287,381 (2023: £282,668), due and payable to the directors. The amount is interest free and repayable on demand.

Included in debtors within one year is £12,626 (2023: £28,826) owed from Nicola Fee Bahl Limited. The companies are related parties by virtue of the fact that they are under common control.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Ms N Bahl.