Registered number
11198225
M & A EXPORT LTD
Report and Accounts
For the Year Ended
31 May 2025
M & A EXPORT LTD
Company Information
Director
Z.Z.Ali
Accountants
RJT Accountancy Limited
4 Woodridge Avenue
Allesley Green
Coventry
CV5 7PN
Bankers
Barclays Bank plc
Registered office
20-22 Wenlock Road
London
N1 7GU
Registered number
11198225
M & A EXPORT LTD
Registered number: 11198225
Balance Sheet
as at 31 May 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 3,216 2,188
Current assets
Stocks 39,500 30,000
Debtors 4 8,982 4,520
Cash at bank and in hand 62,776 95,418
111,258 129,938
Creditors: amounts falling due within one year 5 (35,264) (64,150)
Net current assets 75,994 65,788
Total assets less current liabilities 79,210 67,976
Creditors: amounts falling due after more than one year 6 (2,500) (12,500)
Net assets 76,710 55,476
Capital and reserves
Called up share capital 100 100
Profit and loss account 76,610 55,376
Shareholders' funds 76,710 55,476
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors report and profit and loss account have not been delivered to the Registrar of Companies.
Z.Z.Ali
Director
Approved by the board on 9 July 2025
M & A EXPORT LTD
Notes to the Accounts
for the year ended 31 May 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102-Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor Vehicles 25% on reducing balance
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Office Equipment Motor vehicles Total
£ £ £
Cost
At 1 June 2024 1,780 2,347 4,127
Additions 2,469 - 2,469
Disposals (957) - (957)
At 31 May 2025 3,292 2,347 5,639
Depreciation
At 1 June 2024 1,592 347 1,939
Charge for the year 940 500 1,440
On disposals (956) - (956)
At 31 May 2025 1,576 847 2,423
Net book value
At 31 May 2025 1,716 1,500 3,216
At 31 May 2024 188 2,000 2,188
4 Debtors 2025 2024
£ £
Trade debtors - -
Other debtors 8,982 4,520
8,982 4,520
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 5,599 16,723
Taxation and social security costs 5,324 15,510
Other creditors 14,341 21,917
35,264 64,150
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 2,500 12,500
7 Other information
M & A EXPORT LTD is a private company limited by shares and incorporated in England. Its registered office is:
20-22 Wenlock Road
London
N1 7GU
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