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Company Registration No. 13290473 (England and Wales)
MAFISOFT LIMITED Unaudited accounts for the year ended 31 December 2024
MAFISOFT LIMITED Unaudited accounts Contents
Page
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MAFISOFT LIMITED Company Information for the year ended 31 December 2024
Directors
F Pavlis M Fiser
Company Number
13290473 (England and Wales)
Registered Office
65 LONDON WALL LONDON EC2M 5TU UNITED KINGDOM
Accountants
Ondrej Scurik Unit 4 Old Smithy Court 80 Station Road Hampton Greater London TW12 2AX
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MAFISOFT LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,394 
6,450 
Current assets
Debtors
201 
151 
Cash at bank and in hand
27,454 
342,127 
27,655 
342,278 
Creditors: amounts falling due within one year
(2,592)
(195,637)
Net current assets
25,063 
146,641 
Total assets less current liabilities
26,457 
153,091 
Provisions for liabilities
Deferred tax
- 
(1,225)
Net assets
26,457 
151,866 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,357 
151,766 
Shareholders' funds
26,457 
151,866 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by
F Pavlis Director Company Registration No. 13290473
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MAFISOFT LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MAFISOFT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13290473. The registered office is 65 LONDON WALL, LONDON, EC2M 5TU, 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.
Turnover
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.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
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MAFISOFT LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
2,039 
18,184 
20,223 
At 31 December 2024
2,039 
18,184 
20,223 
Depreciation
At 1 January 2024
1,529 
12,244 
13,773 
Charge for the year
510 
4,546 
5,056 
At 31 December 2024
2,039 
16,790 
18,829 
Net book value
At 31 December 2024
- 
1,394 
1,394 
At 31 December 2023
510 
5,940 
6,450 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
79 
83 
Deferred tax asset
56 
Accrued income and prepayments
66 
68 
201 
151 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1 
3,297 
Other creditors
257 
- 
Accruals
2,334 
2,213 
Deferred income
- 
190,127 
2,592 
195,637 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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