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Registered Number: 15633938


 

 

 

MK FUTURE READY LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 May 2024

End date: 30 April 2025
 
 
Notes
 
2025
£
Turnover 29,713 
Cost of sales (2,250)
Gross profit 27,463 
Selling and distribution costs (601)
Administrative expenses (26,104)
Operating profit 758 
Profit/(Loss) on ordinary activities before taxation 758 
Tax on profit on ordinary activities (144)
Profit/(Loss) for the financial year 614 
 
1
 
 
Notes
 
2025
£
Current assets    
Cash at bank and in hand 2,548 
Creditors: amount falling due within one year 3 (1,934)
Net current assets 614 
 
Total assets less current liabilities 614 
Net assets 614 
 

Capital and reserves
   
Profit and loss account 614 
Shareholders' funds 614 
 


For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 14 July 2025 and were signed by:


-------------------------------
Mohannad KAILANI
Director
2
General Information
MK FUTURE READY LIMITED is a private company, limited by shares, registered in , registration number 15633938, registration address 10 Cameron Road, Ground Floor Front , Seven Kings, England, IG3 8LA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Average number of employees

Average number of employees during the year was 2.
3.

Creditors: amount falling due within one year

2025
£
Corporation Tax 144 
Other Creditors 690 
Directors' Current Accounts 1,100 
1,934 

4.

Share Capital

Authorised
100 Class A shares of £1.00 each
Allotted, called up and fully paid
2025
£
100 Class A shares of £1.00 each 100 
100 

3