Mamaya Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08221256 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MAMAYA LIMITED

T/A

BLANCHETTE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Alary

Y A Alary

SECRETARY:

T R T Morris

REGISTERED OFFICE:

1st Floor

80 Coombe Road

New Malden

Surrey

KT3 4QS

REGISTERED NUMBER:

08221256 (England and Wales)

ACCOUNTANTS:

Liles Morris Limited

1st Floor

80 Coombe Road

New Malden

Surrey

KT3 4QS

FIXED ASSETS

Tangible assets

5

113,978

131,878

CURRENT ASSETS

Stocks

14,616

13,000

Debtors

6

65,038

55,469

Cash at bank and in hand

81

41,558

79,735

110,027

CREDITORS

Amounts falling due within one year

7

(190,597

)

(197,498

)

NET CURRENT LIABILITIES

(110,862

)

(87,471

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,116

44,407

CREDITORS

Amounts falling due after more than one
year

8

(142,829

)

(143,054

)

NET LIABILITIES

(139,713

)

(98,647

)

CAPITAL AND RESERVES

Called up share capital

1,022

Share premium

149,000

Retained earnings

(289,735

)

(248,669

)

(139,713

)

(98,647

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:

M J Alary - Director

Y A Alary - Director

1.	STATUTORY INFORMATION

Mamaya Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. There were no material departures from FRS 102 Section 1A "Small Entities".

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going Concern

At the balance sheet date the company had total net liabilities of £139,713 (2023: £98,647). This included liabilities due after one year totalling £142,829 (2023: £143,054).

The company has the continued ongoing support from its shareholders and directors. Based on these circumstances, the financial statements have been prepared on the assumption that the entity is a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Lease premium

-

Over term of lease

Improvements to property

-

Over the remaining term of the lease

Kitchen & restaurant equipment

-

Straight line over 5 years

Fixtures and fittings

-

Straight line over 5 years

Office equipment

-

over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

The company has tax losses of £31,391 available to offset against future trading profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 22 ) .

5.	TANGIBLE FIXED ASSETS

Restaurant

Land and

& office

buildings

equipment

Totals

£

COST

At 1 January 2024

301,357

280,400

581,757

Additions

-

12,319

At 31 December 2024

301,357

292,719

594,076

DEPRECIATION

At 1 January 2024

217,053

232,826

449,879

Charge for year

21,525

8,694

30,219

At 31 December 2024

238,578

241,520

480,098

NET BOOK VALUE

At 31 December 2024

62,779

51,199

113,978

At 31 December 2023

84,304

47,574

131,878

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

8,343

19,327

Other debtors

56,695

36,142

65,038

55,469

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

2,179

-

Trade creditors

48,326

62,259

Taxation and social security

97,702

116,626

Other creditors

42,390

18,613

190,597

197,498

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Other creditors

142,829

143,054

9.	SECURED DEBTS

HSBC Bank PLC holds a fixed and floating debenture charge over all assets of the company as security for the payment and discharge of all liabilities due from the company to the bank.

10.	OTHER FINANCIAL COMMITMENTS

The company has total lease commitments of £236,055 (2023: £316,055) with reference to the lease on its Soho premises which expires in 2027.

The lease commitments are payable as follows:-

Within one year - £80,000

Within two to five years - £156,055

11.	RELATED PARTY DISCLOSURES

At the year end the company owed the director MJ Alary £14,167 (2023: £14,356) and the director YA Alary £17,792 (2023: £17,822). These loans are interest free and are included in creditors - amounts due after more than one year.

The company had outstanding interest free loans from shareholders at the year end of £78,001 (2023: £78,008). These are included in creditors - amounts due after more than one year.