Company Registration No. 14084602 (England and Wales)
MF UK INVESTMENTS LTD
Unaudited accounts
for the year ended 31 May 2024
MF UK INVESTMENTS LTD
Unaudited accounts
Contents
MF UK INVESTMENTS LTD
Company Information
for the year ended 31 May 2024
Director
Martina Tagliavia
Company Number
14084602 (England and Wales)
Registered Office
Flat 2006
222 Marsh Wall
London
E14 9EN
England
Accountants
Tax Simplified Ltd
Kemp House
160 City Road
London
EC1V 2NX
MF UK INVESTMENTS LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
3,335
836
Creditors: amounts falling due within one year
(4,370)
(500)
Net current assets
30,199
27,320
Total assets less current liabilities
30,199
27,320
Creditors: amounts falling due after more than one year
(24,000)
(28,000)
Net assets/(liabilities)
6,199
(680)
Called up share capital
100
100
Profit and loss account
6,099
(780)
Shareholders' funds
6,199
(680)
For the year ending 31 May 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 her 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 14 February 2025 and were signed on its behalf by
Martina Tagliavia
Director
Company Registration No. 14084602
MF UK INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 May 2024
MF UK INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 14084602. The registered office is Flat 2006, 222 Marsh Wall, London, E14 9EN, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The director has agreed to provide funding for the foreseeable future hence company is a going concern.
Amounts falling due within one year
Other debtors
27,484
26,984
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,665
-
Loans from directors
2,705
500
MF UK INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
24,000
28,000
Long term creditors include various loans made by the director to the company, the loans are interest fee.
7
Transactions with related parties
During the year company made loans of £27,484 to a related company, Panza Mia Ltd, the loans are shown under other debtors.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).