Registered number
11231547
Moka Limited
Filleted Accounts
30 June 2024
Moka Limited
Registered number: 11231547
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 184,273 196,946
Tangible assets 4 356,148 397,889
540,421 594,835
Current assets
Stocks 29,044 34,088
Debtors 5 119,439 44,564
Cash at bank and in hand 135,113 30,404
283,596 109,056
Creditors: amounts falling due within one year 6 (720,583) (721,992)
Net current liabilities (436,987) (612,936)
Total assets less current liabilities 103,434 (18,101)
Creditors: amounts falling due after more than one year 7 (141,236) (173,733)
Provisions for liabilities (2,601) (2,601)
Net liabilities (40,403) (194,435)
Capital and reserves
Called up share capital 200 200
Profit and loss account (40,603) (194,635)
Shareholders' funds (40,403) (194,435)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Balkhar Singh Garchar
Director
Approved by the board on 14 March 2025
Moka Limited
Notes to the Accounts
for the year ended 30 June 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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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:
Land and buildings 6.7% Straight line
Fixtures, fittings, tools and equipment 10% Straight line
Computer Equipment 20% Straight line
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 72 72
3 Intangible fixed assets £
Franchise Fee:
Cost
At 1 July 2023 240,965
At 30 June 2024 240,965
Amortisation
At 1 July 2023 44,019
Provided during the year 12,673
At 30 June 2024 56,692
Net book value
At 30 June 2024 184,273
At 30 June 2023 196,946
Franchise Fee is being written off in equal annual instalments over its estimated economic life of 20 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 July 2023 85,977 444,894 6,582 537,453
Additions - 9,945 - 9,945
At 30 June 2024 85,977 454,839 6,582 547,398
Depreciation
At 1 July 2023 28,799 104,626 6,139 139,564
Charge for the year 5,760 45,484 442 51,686
At 30 June 2024 34,559 150,110 6,581 191,250
Net book value
At 30 June 2024 51,418 304,729 1 356,148
At 30 June 2023 57,178 340,268 443 397,889
5 Debtors 2024 2023
£ £
Other debtors 119,439 44,564
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 47,866 46,896
Trade creditors 86,293 50,381
Amounts owed to group undertakings and undertakings in which the company has a participating interest 435,571 490,515
Taxation and social security costs 43,013 76,646
Other creditors 107,840 57,554
720,583 721,992
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 141,236 173,733
8 Related party transactions
Garchai Limited
The company is wholly owned by Garchai Ltd

At the balance sheet date £435,571 (2023: £486,608) was owed to Garcha Brothers Limited, a company registered in England and Wales in which directors has interest.

At the balance sheet date, G&GK LTD, a company registered in England and Wales in which directors has interest, owed £69,520 (2023: £3,907), to the company, this is shown within other debtors.

At the balance sheet date, Trio Kitchens Ltd, a company registered in England and Wales in which directors has interest, owed £15,757 (2023: £14,402 ), to the company, this is shown within other debtors.

At the balance sheet date, TMB Constructions Midlands Ltd, a company registered in England and Wales in which directors has interest, owed £5,065 (2023: £5,065 ), to the company, this is shown within other debtors.
9 Other information
Moka Limited is a private company limited by shares and incorporated in England. Its registered office is:
38
Carver Street
Birmingham
England
B1 3AS
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