Company Registration No. 08251490 (England and Wales)
MULANI LIMITED
Unaudited accounts
for the year ended 31 October 2024
MULANI LIMITED
Unaudited accounts
Contents
MULANI LIMITED
Company Information
for the year ended 31 October 2024
Directors
Ajay Patel
Latoya Patel
Company Number
08251490 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET
LONDON
W1W 7LT
ENGLAND
Accountants
Seed Accounting Solutions
85 Great Portland Street
First Floor
London
W1W 7LT
MULANI LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
52,979
1,086
Cash at bank and in hand
7,558
11,773
Creditors: amounts falling due within one year
1,292
(10,641)
Net current assets
13,262
8,761
Total assets less current liabilities
66,241
9,847
Creditors: amounts falling due after more than one year
(66,214)
(17,453)
Net assets/(liabilities)
27
(7,606)
Called up share capital
2
2
Profit and loss account
25
(7,608)
Shareholders' funds
27
(7,606)
For the year ending 31 October 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 19 March 2025 and were signed on its behalf by
Ajay Patel
Director
Company Registration No. 08251490
MULANI LIMITED
Notes to the Accounts
for the year ended 31 October 2024
MULANI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08251490. The registered office is 85 GREAT PORTLAND STREET, LONDON, W1W 7LT, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% On Straight Line
Motor vehicles
25% On Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33.33% On Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
-
-
5,902
5,902
Additions
155
56,620
791
57,566
At 31 October 2024
155
56,620
6,693
63,468
At 1 November 2023
-
-
4,816
4,816
Charge for the year
20
4,641
1,012
5,673
At 31 October 2024
20
4,641
5,828
10,489
At 31 October 2024
135
51,979
865
52,979
At 31 October 2023
-
-
1,086
1,086
MULANI LIMITED
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Deferred tax asset
-
1,056
Accrued income and prepayments
260
168
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,719
2,312
Loans from directors
(9,606)
(1,932)
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
966
32,776
28,939
4,803
Director Loan Account
966
32,776
28,939
4,803
1,932
65,552
57,878
9,606
Overdrawn balance was fully repaid by 31st March 2025.
9
Average number of employees
During the year the average number of employees was 3 (2023: 2).