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REGISTERED NUMBER: 04947698 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MORTGAGE ANALYST LIMITED

MORTGAGE ANALYST LIMITED (REGISTERED NUMBER: 04947698)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MORTGAGE ANALYST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: M Churchill





SECRETARY: M Churchill





REGISTERED OFFICE: c/o Kingly Jones LLP
414 Linen Hall
162-168 Regent Street
London
W1B 5TE





REGISTERED NUMBER: 04947698 (England and Wales)





ACCOUNTANTS: Kingly Jones LLP
Chartered Accountants
414 Linen Hall
162-168 Regent Street
London
W1B 5TE

MORTGAGE ANALYST LIMITED (REGISTERED NUMBER: 04947698)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 33,110 123,904
Cash at bank 59,096 6,708
92,206 130,612
CREDITORS
Amounts falling due within one year 6 9,875 15,632
NET CURRENT ASSETS 82,331 114,980
TOTAL ASSETS LESS CURRENT LIABILITIES 82,331 114,980

CREDITORS
Amounts falling due after more than one year 7 - 18,418
NET ASSETS 82,331 96,562

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 45,837 45,837
Retained earnings 36,294 50,525
SHAREHOLDERS' FUNDS 82,331 96,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





M Churchill - Director


MORTGAGE ANALYST LIMITED (REGISTERED NUMBER: 04947698)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Mortgage Analyst 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.

Turnover
Turnover is the value of mortgage business written in the financial period net of value added tax.

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 etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 9,623
DEPRECIATION
At 1 November 2023
and 31 October 2024 9,623
NET BOOK VALUE
At 31 October 2024 -

MORTGAGE ANALYST LIMITED (REGISTERED NUMBER: 04947698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,567 17,882
Other debtors 28,543 106,022
33,110 123,904

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 2,940
Trade creditors 4,707 -
Other creditors 5,168 12,692
9,875 15,632

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 18,418

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
M Churchill
Balance outstanding at start of year 77,479 91,537
Amounts repaid (80,750 ) (14,058 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,417 ) 77,479

9. ULTIMATE CONTROLLING PARTY

The company is controlled by one of its directors M Churchill who owns 62.50% of the ordinary share capital.