Company Registration No. 07102935 (England and Wales)
MALY IT SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 March 2025
MALY IT SOLUTIONS LIMITED
Unaudited accounts
Contents
MALY IT SOLUTIONS LIMITED
Company Information
for the year ended 31 March 2025
Directors
Richard John Maly
Karen Maly
Company Number
07102935 (England and Wales)
Registered Office
Ross Building Adastral Park
Martlesham Heath
Ipswich
England
IP5 3RE
UNITED KINGDOM
Accountants
ABBEYGATE ACCOUNTANCY LTD
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
ENGLAND
IP31 3QU
MALY IT SOLUTIONS LIMITED
Accountants' report
Accountants' report to the board of directors of MALY IT SOLUTIONS LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
ABBEYGATE ACCOUNTANCY LTD
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
ENGLAND
IP31 3QU
2 September 2025
MALY IT SOLUTIONS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
45,054
58,551
Cash at bank and in hand
51,848
56,705
Creditors: amounts falling due within one year
(63,137)
(44,687)
Net current assets
12,793
27,282
Total assets less current liabilities
57,847
85,833
Creditors: amounts falling due after more than one year
(19,709)
(45,660)
Called up share capital
100
100
Profit and loss account
38,038
40,073
Shareholders' funds
38,138
40,173
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by
Richard John Maly
Director
Company Registration No. 07102935
MALY IT SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
MALY IT SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07102935. The registered office is Ross Building Adastral Park, Martlesham Heath, Ipswich, England, IP5 3RE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% on reducing balance method
Fixtures & fittings
25% on reducing balance method
Computer equipment
25% on reducing balance method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
52,700
6,635
35,776
95,111
At 31 March 2025
52,700
6,635
37,297
96,632
At 1 April 2024
8,161
3,058
25,341
36,560
Charge for the year
11,135
894
2,989
15,018
At 31 March 2025
19,296
3,952
28,330
51,578
At 31 March 2025
33,404
2,683
8,967
45,054
At 31 March 2024
44,539
3,577
10,435
58,551
MALY IT SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
19,885
10,679
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
17,279
18,850
Obligations under finance leases and hire purchase contracts
9,460
9,460
Taxes and social security
35,421
11,831
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
19,709
28,381
8
Average number of employees
During the year the average number of employees was 8 (2024: 8).