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Company Registration No. 10710646 (England and Wales)
MASSWA LTD Unaudited accounts for the year ended 30 April 2024
MASSWA LTD Unaudited accounts Contents
Page
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MASSWA LTD Company Information for the year ended 30 April 2024
Director
Yonas Michael HEDGU
Company Number
10710646 (England and Wales)
Registered Office
41-43 CHURCH GATE LEICESTER LE1 3AL UNITED KINGDOM
Accountants
Deq Accountancy Ltd 62 Bloomfield Road Leicester LE2 6LA
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MASSWA LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
630 
1,121 
Current assets
Cash at bank and in hand
1,776 
865 
Creditors: amounts falling due within one year
(24,460)
(18,606)
Net current liabilities
(22,684)
(17,741)
Net liabilities
(22,054)
(16,620)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(22,154)
(16,720)
Shareholders' funds
(22,054)
(16,620)
For the year ending 30 April 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 31 December 2024 and were signed on its behalf by
Yonas Michael HEDGU Director Company Registration No. 10710646
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MASSWA LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
MASSWA LTD is a private company, limited by shares, registered in England and Wales, registration number 10710646. The registered office is 41-43 CHURCH GATE, LEICESTER, LE1 3AL, UNITED KINGDOM.
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
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
1,260 
1,350 
1,715 
4,325 
At 30 April 2024
1,260 
1,350 
1,715 
4,325 
Depreciation
At 1 May 2023
315 
1,350 
1,539 
3,204 
Charge for the year
315 
- 
176 
491 
At 30 April 2024
630 
1,350 
1,715 
3,695 
Net book value
At 30 April 2024
630 
- 
- 
630 
At 30 April 2023
945 
- 
176 
1,121 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,960 
106 
Loans from directors
21,500 
18,500 
24,460 
18,606 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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