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Company Registration No. 12164601 (England and Wales)
Mabusi Ltd Unaudited accounts for the year ended 31 December 2024
Mabusi Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Mabusi Ltd Company Information for the year ended 31 December 2024
Director
Bridget Dube-Mhlanga
Company Number
12164601 (England and Wales)
Registered Office
85 Hertburn Hertburn Gardens Washington NE37 2DL United Kingdom
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Mabusi Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
674
674
Current assets
Debtors
53,389
33,238
Cash at bank and in hand
309
19
53,698
33,257
Creditors: amounts falling due within one year
(18,661)
(19,887)
Net current assets
35,037
13,370
Net assets
35,711
14,044
Capital and reserves
Called up share capital
1
1
Profit and loss account
35,710
14,043
Shareholders' funds
35,711
14,044
For the year ending 31 December 2024 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 December 2025 and were signed on its behalf by
Bridget Dube-Mhlanga Director Company Registration No. 12164601
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Mabusi Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Mabusi Ltd is a private company, limited by shares, registered in England and Wales, registration number 12164601. The registered office is 85 Hertburn Hertburn Gardens, Washington, NE37 2DL, 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.
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:
Fixtures & fittings
10%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2024
843
At 31 December 2024
843
Depreciation
At 1 January 2024
169
At 31 December 2024
169
Net book value
At 31 December 2024
674
At 31 December 2023
674
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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