REGISTERED NUMBER: 06590431 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Mallare (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mallare (UK) Limited

A MALLARE

REGISTERED OFFICE:

Flat 1

Hawthorn House

Nightingale Avenue

Chertsey

Surrey

KT16 0FB

REGISTERED NUMBER:

06590431 (England and Wales)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan Accountants

95-107 Lancefield Street

Glasgow

G3 8HZ

FIXED ASSETS

Tangible assets

4

12,785

15,980

CURRENT ASSETS

Debtors

5

11,687

297

Cash at bank and in hand

7,440

15,689

19,127

15,986

CREDITORS

Amounts falling due within one year

6

56,082

56,823

NET CURRENT LIABILITIES

(36,955

)

(40,837

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,170

)

(24,857

)

CREDITORS

Amounts falling due after more than one year

7

10,000

10,000

NET LIABILITIES

(34,170

)

(34,857

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

(34,172

)

(34,859

)

SHAREHOLDERS' FUNDS

(34,170

)

(34,857

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2025 and were signed on its behalf by:

A MALLARE - Director

1.	STATUTORY INFORMATION

Mallare (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

46,155

15,717

61,872

DEPRECIATION

At 1 June 2024

34,188

11,704

45,892

Charge for year

2,393

802

3,195

At 31 May 2025

36,581

12,506

49,087

NET BOOK VALUE

At 31 May 2025

9,574

3,211

12,785

At 31 May 2024

11,967

4,013

15,980

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

297

297

Other debtors

11,390

-

11,687

297

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

VAT

1,255

1,494

Directors' loan accounts

54,047

54,369

Accrued expenses

780

960

56,082

56,823

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

JCM Loan

10,000

10,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

2

Ordinary

1

2

2

9.

RESERVES

Retained

earnings

£

At 1 June 2024

(34,859

)

Profit for the year

687

At 31 May 2025

(34,172

)