Mash Virtual Limited - Filleted accounts

Registered number

10471819

Mash Virtual Limited

Filleted Accounts

31 March 2025

Mash Virtual Limited
Registered number:		10471819
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		9,226			10,262

Current assets
Stocks		34,150			52,195
Debtors	4	4,953			4,670
Cash at bank and in hand		18,528			19,373
		57,631			76,238

Creditors: amounts falling due within one year	5	(9,090)			(23,900)

Net current assets			48,541			52,338

Total assets less current liabilities			57,767			62,600

Creditors: amounts falling due after more than one year	6		(34,000)			(67,090)



Net assets/(liabilities)			23,767			(4,490)

Capital and reserves
Called up share capital			5,000			5,000
Profit and loss account			18,767			(9,490)

Shareholder's funds			23,767			(4,490)

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 member has 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 profit and loss account has not been delivered to the Registrar of Companies.




Aarul Malaviya
Director
Approved by the board on 15 August 2025

Mash Virtual Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Equipment			25%

	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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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					2		3


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 April 2024							26,276
	Additions							2,040
	At 31 March 2025							28,316

	Depreciation
	At 1 April 2024							16,014
	Charge for the year							3,076
	At 31 March 2025							19,090

	Net book value
	At 31 March 2025							9,226
	At 31 March 2024							10,262



4	Debtors					2025		2024
£							£

	Other debtors					4,953		4,670


5	Creditors: amounts falling due within one year					2025		2024
£							£


	Director's account					2,861		1,486
	Bank loans and overdrafts					6,210		6,210
	Trade creditors					1		2,520
	Taxation and social security costs					18		18
	Other creditors					-		13,666
						9,090		23,900

6	Creditors: amounts falling due after one year					2025		2024
£							£

	Loan - A Malaviya					8,121		35,000
	Bank loans					25,879		32,090


Nominal
7	Share Capital	Value				2025		2024

£1 each			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares			5,000		5000		5000


						5,000		5,000

8	Related party transactions

	The following related party transactions occured with companies controlled by relatives of the director during the year, all the transactions were at arms length and market value: Sales made to Planet Edu Exams Pvt Ltd during the year were £181,750 (2024 £238,800). Sales made to Zamit during the year were nil (2024 £70,000). Sales made to Qualification & Assessments International Ltd during the year were nil (2024 £ 50,000). Services purchased from Mash Virtual Pvt Ltd (India) £10,575 (2024 £18,000). During the year following transaction took place with the director and shareholder; Loan of £8,120 (2024 £35,000) by the director shareholder is interest free. The director's account balance at the year end was £2,861 (2024 £1,486 in credit). This account has always remained in credit.

9	Controlling party

	By the virtue of directorship and shareholding Mr Aarul Malaviya controls the company.
10	Going Concern

	The director has reviewed a period of 12 months from approval of these financial statements and concluded the company is able to meets its liabilities as they fall due. As a result it is appropriate to prepare the accounts on a going concern basis.

11	Other information

	Mash Virtual Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Venture X Building 7, Chiswick Park
	566 Chiswick High Road
	London
	W4 5YG