Registered number
09386218
Malika London Ltd
Filleted Accounts
31 January 2024
Apex Associates LLP
Accountants and Tax Consultants
Apex Chambers
58a Ilford Lane
Ilford
Essex
IG1 2JY
Malika London Ltd
Registered number: 09386218
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 7,062 7,944
Tangible assets 4 964 77
8,026 8,021
Current assets
Stocks 51,720 46,135
Debtors 5 7,500 8,859
Cash at bank and in hand 7,019 13,897
66,239 68,891
Creditors: amounts falling due within one year 6 (37,682) (47,858)
Net current assets 28,557 21,033
Total assets less current liabilities 36,583 29,054
Creditors: amounts falling due after more than one year 7 (28,900) (32,094)
Net assets/(liabilities) 7,683 (3,040)
Capital and reserves
Called up share capital 1 1
Profit and loss account 7,682 (3,041)
Shareholder's funds 7,683 (3,040)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Zahoor Khaliq
Director
Approved by the board on 31 August 2024
Malika London Ltd
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% reducing balance method
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 February 2023 15,000
At 31 January 2024 15,000
Amortisation
At 1 February 2023 7,056
Provided during the year 882
At 31 January 2024 7,938
Net book value
At 31 January 2024 7,062
At 31 January 2023 7,944
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023 770
Additions 1,208
At 31 January 2024 1,978
Depreciation
At 1 February 2023 693
Charge for the year 321
At 31 January 2024 1,014
Net book value
At 31 January 2024 964
At 31 January 2023 77
5 Debtors 2024 2023
£ £
Other debtors 7,500 8,859
6 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 1,334 1,936
Bank loans and overdrafts 28,630 36,493
Trade creditors 6,736 9,993
Taxation and social security costs 495 (698)
Other creditors 487 134
37,682 47,858
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 28,900 32,094
8 Other information
Malika London Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 29 East Shopping Centre
232-236 Greeen Street
London
E7 8LE
Malika London Ltd 09386218 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2022 Mr Zahoor Khaliq No description of principal activity 09386218 2022-02-01 2023-01-31 09386218 core:WithinOneYear 2023-01-31 09386218 core:AfterOneYear 2023-01-31 09386218 core:ShareCapital 2023-01-31 09386218 core:RetainedEarningsAccumulatedLosses 2023-01-31 09386218 2023-02-01 2024-01-31 09386218 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09386218 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09386218 bus:Director40 2023-02-01 2024-01-31 09386218 2 2023-02-01 2024-01-31 09386218 core:Goodwill 2023-02-01 2024-01-31 09386218 core:PlantMachinery 2023-02-01 2024-01-31 09386218 countries:England 2023-02-01 2024-01-31 09386218 bus:FRS102 2023-02-01 2024-01-31 09386218 bus:FullAccounts 2023-02-01 2024-01-31 09386218 2024-01-31 09386218 core:WithinOneYear 2024-01-31 09386218 core:AfterOneYear 2024-01-31 09386218 core:ShareCapital 2024-01-31 09386218 core:RetainedEarningsAccumulatedLosses 2024-01-31 09386218 core:Goodwill 2024-01-31 09386218 core:PlantMachinery 2024-01-31 09386218 2023-01-31 09386218 core:Goodwill 2023-01-31 09386218 core:PlantMachinery 2023-01-31 iso4217:GBP xbrli:pure