| Mavela Ltd |
| Registered number: |
09836437 |
| Balance Sheet |
| as at 31 January 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,809 |
|
|
6,412 |
| Investments |
4 |
|
|
1,026,516 |
|
|
1,026,516 |
|
|
|
|
1,031,325 |
|
|
1,032,928 |
|
| Current assets |
| Cash at bank and in hand |
|
|
2,497 |
|
|
1,135 |
|
| Creditors: amounts falling due within one year |
5 |
|
(376,613) |
|
|
(412,938) |
|
| Net current liabilities |
|
|
|
(374,116) |
|
|
(411,803) |
|
| Total assets less current liabilities |
|
|
|
657,209 |
|
|
621,125 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(471,103) |
|
|
(486,057) |
|
|
|
| Net assets |
|
|
|
186,106 |
|
|
135,068 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
186,105 |
|
|
135,067 |
|
| Shareholder's funds |
|
|
|
186,106 |
|
|
135,068 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| Andrew Thorne |
| Director |
| Approved by the board on 28 October 2025 |
|
| Mavela Ltd |
| Notes to the Accounts |
| for the year ended 31 January 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. |
|
|
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. |
|
|
Investments |
|
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique. |
|
|
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. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Motor vehicles |
| £ |
|
Cost |
|
At 1 February 2024 |
11,400 |
|
At 31 January 2025 |
11,400 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2024 |
4,988 |
|
Charge for the year |
1,603 |
|
At 31 January 2025 |
6,591 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2025 |
4,809 |
|
At 31 January 2024 |
6,412 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 February 2024 |
1,026,516 |
|
|
At 31 January 2025 |
1,026,516 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
12,632 |
|
11,872 |
|
Obligations under finance lease and hire purchase contracts |
1,560 |
|
3,333 |
|
Corporation tax |
41,940 |
|
30,925 |
|
Other creditors |
320,481 |
|
366,808 |
|
|
|
|
|
|
376,613 |
|
412,938 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
461,103 |
|
474,497 |
|
Obligations under finance lease and hire purchase contracts |
- |
|
1,560 |
|
Other creditors |
10,000 |
|
10,000 |
|
|
|
|
|
|
471,103 |
|
486,057 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Mavela Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
255 Poulton Road |
|
Wallasey |
|
Wirral |
|
United Kingdom |
|
CH44 4BT |