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Company Registration No. 06828288 (England and Wales)
Mavish Limited Unaudited accounts for the year ended 28 February 2025
Mavish Limited Unaudited accounts Contents
Page
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Mavish Limited Company Information for the year ended 28 February 2025
Director
Mr B Aydemir
Company Number
06828288 (England and Wales)
Registered Office
182 Baker Street Enfield London EN1 3JY United Kingdom
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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Mavish Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,952 
24,569 
Current assets
Inventories
37,750 
34,440 
Debtors
2,125 
2,125 
Cash at bank and in hand
2,927 
2,922 
42,802 
39,487 
Creditors: amounts falling due within one year
(52,603)
(37,207)
Net current (liabilities)/assets
(9,801)
2,280 
Total assets less current liabilities
13,151 
26,849 
Creditors: amounts falling due after more than one year
(9,647)
(23,347)
Net assets
3,504 
3,502 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,404 
3,402 
Shareholders' funds
3,504 
3,502 
For the year ending 28 February 2025 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 9 April 2025 and were signed on its behalf by
Mr B Aydemir Director Company Registration No. 06828288
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Mavish Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Mavish Limited is a private company, limited by shares, registered in England and Wales, registration number 06828288. The registered office is 182 Baker Street, Enfield, London, EN1 3JY, 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.
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.
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:
Plant & machinery
10 years - straight line basis
Motor vehicles
10 years - straight line basis
Fixtures & fittings
18% - reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Mavish Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
9,848 
15,000 
10,839 
35,687 
Additions
- 
- 
1,916 
1,916 
At 28 February 2025
9,848 
15,000 
12,755 
37,603 
Depreciation
At 1 March 2024
2,685 
1,500 
6,933 
11,118 
Charge for the year
985 
1,500 
1,048 
3,533 
At 28 February 2025
3,670 
3,000 
7,981 
14,651 
Net book value
At 28 February 2025
6,178 
12,000 
4,774 
22,952 
At 29 February 2024
7,163 
13,500 
3,906 
24,569 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,125 
2,125 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
1,383 
1,173 
Obligations under finance leases and hire purchase contracts
4,458 
4,458 
Trade creditors
4,301 
2,420 
Taxes and social security
6,532 
4,958 
Other creditors
25,929 
14,198 
52,603 
37,207 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,333 
13,333 
Obligations under finance leases and hire purchase contracts
6,314 
10,014 
9,647 
23,347 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Mavish Limited Notes to the Accounts for the year ended 28 February 2025
9
Transactions with related parties
Included within other creditors is an amount of £25,929 (2024: £14,198) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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