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Company Registration No. 07347997 (England and Wales)
Mama Associates Limited Unaudited accounts for the year ended 31 August 2024
Mama Associates Limited Unaudited accounts Contents
Page
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Mama Associates Limited Company Information for the year ended 31 August 2024
Directors
Shabbir Mama Arwa Mama
Company Number
07347997 (England and Wales)
Registered Office
2a Hill Lane Ruislip HA4 7JW ENGLAND
Accountants
Maknas Accountants Limited 2A Grange Road Romford Essex RM3 7DU
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Mama Associates Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
77,449 
167,020 
Creditors: amounts falling due within one year
(33,586)
(77,529)
Net current assets
43,863 
89,491 
Net assets
43,863 
89,491 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
43,763 
89,391 
Shareholders' funds
43,863 
89,491 
For the year ending 31 August 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 2 May 2025 and were signed on its behalf by
Shabbir Mama Director Company Registration No. 07347997
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Mama Associates Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Mama Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07347997. The registered office is 2a Hill Lane, Ruislip, HA4 7JW, ENGLAND.
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. 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.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
5,865 
Taxes and social security
- 
15,230 
Loans from directors
33,586 
55,714 
Accruals
- 
720 
33,586 
77,529 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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