Mamamaru Ltd 15602803 false 2024-03-29 2025-03-31 2025-03-31 The principal activity of the company is the rental of the company's investment properties. Digita Accounts Production Advanced 6.30.9574.0 true true 15602803 2024-03-29 2025-03-31 15602803 2025-03-31 15602803 core:RetainedEarningsAccumulatedLosses 2025-03-31 15602803 core:ShareCapital 2025-03-31 15602803 core:CurrentFinancialInstruments 2025-03-31 15602803 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15602803 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 15602803 core:MoreThanFiveYears 1 2025-03-31 15602803 bus:SmallEntities 2024-03-29 2025-03-31 15602803 bus:AuditExemptWithAccountantsReport 2024-03-29 2025-03-31 15602803 bus:FilletedAccounts 2024-03-29 2025-03-31 15602803 bus:SmallCompaniesRegimeForAccounts 2024-03-29 2025-03-31 15602803 bus:Director1 2024-03-29 2025-03-31 15602803 bus:PrivateLimitedCompanyLtd 2024-03-29 2025-03-31 15602803 countries:AllCountries 2024-03-29 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15602803

Mamamaru Ltd

Director's Report and Unaudited Financial Statements

for the Period from 29 March 2024 to 31 March 2025

 

Mamamaru Ltd

(Registration number: 15602803)

Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Investment properties

3

1,187,461

Current assets

 

Debtors

4

75

Cash at bank and in hand

 

6,872

 

6,947

Creditors: Amounts falling due within one year

5

(381,917)

Net current liabilities

 

(374,970)

Total assets less current liabilities

 

812,491

Creditors: Amounts falling due after more than one year

5

(818,925)

Net liabilities

 

(6,434)

Capital and reserves

 

Called up share capital

100

Retained earnings

(6,534)

Shareholders' deficit

 

(6,434)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 22 July 2025
 

.........................................

N J Spencer

Director

 

Mamamaru Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025

1

Accounting policies

Statutory information

Mamamaru Ltd is a private company, limited by shares, domiciled in England and Wales, company number 15602803. The registered office is at 469 Ecclesall Road, Sheffield, S11 8PP.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

After due consideration of all relevant factors, including the on-going support of creditors, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, she continues to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of the company's investment property. Revenue is recognised on a straight line basis over the lease terms.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment properties

Investment properties are carried at fair value, derived from the current market prices for comparable real estate determined annually by the director with the assistance of external valuers as detailed in note 3 of the financial statements. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss

 

Mamamaru Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025 (continued)

1

Accounting policies (continued)

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.
 

2

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

3

Investment properties

Fair value
£

Valuation

Additions

1,187,461

At 31 March 2025

1,187,461

The director is satisfied that the fair value of the company's investment properties as at 31 March 2025 are not materially different to the above valuation. The historical cost of the investment properties is £1,187,461.
 

4

Debtors

2025
£

Other debtors

75

 

Mamamaru Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025 (continued)

5

Creditors

2025
£

Due within one year

Loans and borrowings

17,941

Accruals and deferred income

1,500

Other creditors

362,476

381,917

2025
£

Due after one year

Loans and borrowings

818,925




 

2025
£

Due after more than five years

Loans and borrowings

737,330

-

The bank borrowings are secured by a fixed charge over the company's assets.

6

Related party transactions

During the period N J Spencer received an interest free loan from the company. The balance due at the balance sheet date was £75.

During the period the company received an interest free loan from Spencers Consultants Ltd, a company in which the director N J Spencer is a director and shareholder. The amount due to the company at the balance sheet date was £362,746.