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REGISTERED NUMBER: 09949037 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

MABAPA LIMITED

MABAPA LIMITED (REGISTERED NUMBER: 09949037)

Contents of the Financial Statements
for the year ended 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MABAPA LIMITED

Company Information
for the year ended 31 January 2025







Directors: D G Demetriou
Mrs A Demetriou





Registered office: Aissela
46 High Street
Esher
Surrey
KT10 9QY





Registered number: 09949037 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Aissela
46 High Street
Esher
Surrey
KT10 9QY

MABAPA LIMITED (REGISTERED NUMBER: 09949037)

Balance Sheet
31 January 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,685 405
Investments 5 328,457 259,648
330,142 260,053

Current assets
Debtors 6 78,378 8,966
Investments 7 705,102 632,057
Cash at bank and in hand 240,318 265,266
1,023,798 906,289
Creditors
Amounts falling due within one year 8 549,968 372,927
Net current assets 473,830 533,362
Total assets less current liabilities 803,972 793,415

Capital and reserves
Called up share capital 9 110 110
Retained earnings 803,862 793,305
803,972 793,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





D G Demetriou - Director


MABAPA LIMITED (REGISTERED NUMBER: 09949037)

Notes to the Financial Statements
for the year ended 31 January 2025


1. Statutory information

Mabapa Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Mabapa Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 5% on reducing balance
Computer equipment - 33% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

MABAPA LIMITED (REGISTERED NUMBER: 09949037)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investment - other loans
The investment in other loans refers to loan notes. This financial asset is subsequently valued at amortised cost using the effective interest rate method.

Current asset investments
Current assets investments relate to listed investments which are subsequently valued for at fair value through profit and loss. The gain recognised in the profit and loss for the period totals £51,246 (2024: profit of £2,147). The fair value is ascertained by the stock market and the investment are held as part of trading portfolios.

3. Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£ £ £
Cost
At 1 February 2024 958 19,689 20,647
Additions - 2,527 2,527
At 31 January 2025 958 22,216 23,174
Depreciation
At 1 February 2024 958 19,284 20,242
Charge for year - 1,247 1,247
At 31 January 2025 958 20,531 21,489
Net book value
At 31 January 2025 - 1,685 1,685
At 31 January 2024 - 405 405

5. Fixed asset investments

2025 2024
£ £
Participating interests - 465
Other investments not loans 17,745 16,595
Other loans 310,712 242,588
328,457 259,648

MABAPA LIMITED (REGISTERED NUMBER: 09949037)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


5. Fixed asset investments - continued

Additional information is as follows:
Interest in
associate
£
Cost
At 1 February 2024 465
Disposals (465 )
At 31 January 2025 -
Net book value
At 31 January 2025 -
At 31 January 2024 465

Investments (neither listed nor unlisted) were as follows:
2025 2024
£ £
Other investments 17,745 16,595
Other loans
£
At 1 February 2024 242,588
New in year 160,000
Repayment in year (91,876 )
At 31 January 2025 310,712

6. Debtors: amounts falling due within one year
2025 2024
£ £
Trade debtors 2,002 2,176
Other debtors 76,376 6,790
78,378 8,966

7. Current asset investments
2025 2024
£ £
Listed investments 705,102 632,057

8. Creditors: amounts falling due within one year
2025 2024
£ £
Tax (202 ) 746
Other creditors 164,788 -
Directors' current accounts 385,382 372,181
549,968 372,927

MABAPA LIMITED (REGISTERED NUMBER: 09949037)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


9. Called up share capital

Allotted, issued and fully paid:

Number:

Class:
Nominal
Value:

£   
50 Ordinary A 1.00 50
50 Ordinary B 1.00 50
10 Ordinary C 1.00 10
110