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Company Registration No. 12215193 (England and Wales)
MK Private Finance Ltd Unaudited accounts for the year ended 30 September 2024
MK Private Finance Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MK Private Finance Ltd Company Information for the year ended 30 September 2024
Director
Kathirkamanathan Mayuran
Company Number
12215193 (England and Wales)
Registered Office
1 Navigation Road Chelmsford Essex CM2 6HZ United Kingdom
Accountants
Acclaro Tax Accountants Ltd 1 Navigation Yard Chelmsford Essex CM2 6HZ
- 3 -
MK Private Finance Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
41,118 
2,057 
Current assets
Cash at bank and in hand
4,083 
4,120 
Creditors: amounts falling due within one year
5
14,819 
33,302 
Net current assets
18,902 
37,422 
Net assets
60,020 
39,479 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
59,920 
39,379 
Shareholders' funds
60,020 
39,479 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 25 September 2025 and were signed on its behalf by
Kathirkamanathan Mayuran Director Company Registration No. 12215193
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MK Private Finance Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
MK Private Finance Ltd is a private company, limited by shares, registered in England and Wales, registration number 12215193. The registered office is 1 Navigation Road, Chelmsford, Essex, CM2 6HZ, United Kingdom.
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.
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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
- 
1,317 
1,927 
3,244 
Additions
42,198 
- 
- 
42,198 
At 30 September 2024
42,198 
1,317 
1,927 
45,442 
Depreciation
At 1 October 2023
- 
465 
722 
1,187 
Charge for the year
2,813 
131 
193 
3,137 
At 30 September 2024
2,813 
596 
915 
4,324 
Net book value
At 30 September 2024
39,385 
721 
1,012 
41,118 
At 30 September 2023
- 
852 
1,205 
2,057 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
1,710 
Loans from directors
(14,819)
(35,012)
(14,819)
(33,302)
- 5 -
MK Private Finance Ltd Notes to the Accounts for the year ended 30 September 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -