1 June 2024 false No description of principal activity Taxfiler 2024.6 09047568 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09047568 2024-05-31 09047568 2024-06-01 2025-05-31 09047568 business:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09047568 business:FilletedAccounts 2024-06-01 2025-05-31 09047568 2025-05-31 09047568 business:Director1 2024-06-01 2025-05-31 09047568 business:RegisteredOffice 2024-06-01 2025-05-31 09047568 core:WithinOneYear 2025-05-31 09047568 core:AfterOneYear 2025-05-31 09047568 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 09047568 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 09047568 core:PreviouslyStatedAmount 2025-05-31 09047568 business:SmallEntities 2024-06-01 2025-05-31 09047568 countries:EnglandWales 2024-06-01 2025-05-31 09047568 core:MotorVehicles 2024-06-01 2025-05-31 09047568 core:MotorVehicles 2024-05-31 09047568 core:MotorVehicles 2025-05-31 iso4217:GBP xbrli:pure
Company Registration No. 09047568 (England and Wales)
Margaf Ltd Unaudited accounts for the year ended 31 May 2025
Margaf Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Margaf Ltd Company Information for the year ended 31 May 2025
Director
Okey Alfred Iweajunwa
Company Number
09047568 (England and Wales)
Registered Office
10 Kenwyn Road Dartford DA1 2TH England
Accountants
Certified Accountants Ltd 3 Woodman Parade Woodman Street London E16 2LL
- 3 -
Margaf Ltd Statement of financial position as at 31 May 2025
2025
Notes
£
Fixed assets
Tangible assets
4
25,600
Current assets
Debtors
5
18,788
Cash at bank and in hand
4,160
22,948
Creditors: amounts falling due within one year
6
(2,367)
Net current assets
20,581
Total assets less current liabilities
46,181
Creditors: amounts falling due after more than one year
7
(21,090)
Net assets
25,091
Capital and reserves
Called up share capital
1
Profit and loss account
25,090
Shareholders' funds
25,091
For the year ending 31 May 2025 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 10 October 2025 and were signed on its behalf by
Okey Alfred Iweajunwa Director Company Registration No. 09047568
- 4 -
Margaf Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Margaf Ltd is a private company, limited by shares, registered in England and Wales, registration number 09047568. The registered office is 10 Kenwyn Road, , Dartford, DA1 2TH, England.
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:
Motor vehicles
10%
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 June 2024
32,000
At 31 May 2025
32,000
Depreciation
At 1 June 2024
3,200
Charge for the year
3,200
At 31 May 2025
6,400
Net book value
At 31 May 2025
25,600
5
Debtors
2025
£
Amounts falling due after more than one year
Other debtors
18,788
- 5 -
Margaf Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
£
Taxes and social security
2,367
7
Creditors: amounts falling due after more than one year
2025
£
Bank loans
8,925
Other creditors
12,165
21,090
8
Average number of employees
During the year the average number of employees was 0.
- 6 -