Registered number
15213892
MA Tax Consultancy Limited
Report and Financial Statements
31 October 2025
MA Tax Consultancy Limited
Registered number: 15213892
Director's Report
The director presents his report and financial statements for the year ended 31 October 2025.
Principal activities
The company's principal activities during the period was the provision of accounting and auditing services.
Directors
The following persons served as directors during the year:
Mr A M Mabidi
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 13 July 2026 and signed on its behalf.
Mr A M Mabidi
Director
MA Tax Consultancy Limited
Profit and Loss Account
for the year ended 31 October 2025
2025 2024
£ £
Turnover 1,123,758 552,482
Cost of sales (472,780) (227,799)
Gross profit 650,978 324,683
Administrative expenses (248,040) (146,236)
Operating profit 402,938 178,447
Interest receivable 28 16
Profit on ordinary activities before taxation 402,966 178,463
Tax on profit on ordinary activities (14,676) (8,636)
Profit for the financial year 388,290 169,827
MA Tax Consultancy Limited
Registered number: 15213892
Balance Sheet
as at 31 October 2025
Notes 2025 2024
£ £ £ £
Fixed assets
Tangible assets 3 257,315 133,011
Current assets
Debtors 4 277,495 101,716
Cash at bank and in hand 126,723 14,856
404,218 116,572
Creditors: amounts falling due within one year 5 (57,851) (29,756)
Net current assets 346,367 86,816
Total assets less current liabilities 603,682 219,827
Creditors: amounts falling due after more than one year 6 (45,565) (50,000)
Net assets 558,117 169,827
Capital and reserves
Profit and loss account 558,117 169,827
Shareholder's funds 558,117 169,827
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.
Mr A M Mabidi
Director
Approved by the board on 13 July 2026
MA Tax Consultancy Limited
Notes to the Accounts
for the year ended 31 October 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 (as applied to small entities by section 1A of the standard).
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% reducing balance basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 9 5
3 Tangible fixed assets
Plant and machinery Total
£ £
Cost
At 1 November 2024 156,484 156,484
Additions 169,713 169,713
At 31 October 2025 326,197 326,197
Depreciation
At 1 November 2024 23,473 23,473
Charge for the year 45,409 45,409
At 31 October 2025 68,882 68,882
Net book value
At 31 October 2025 257,315 257,315
At 31 October 2024 133,011 133,011
4 Debtors 2025 2024
£ £
Trade debtors 272,707 98,451
Other debtors 4,788 3,265
277,495 101,716
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 9,521 3,624
Corporation tax 14,676 8,636
Other taxes and social security costs 24,423 14,859
Other creditors 9,231 2,637
57,851 29,756
6 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 45,565 50,000
45,565 50,000
7 Other information
MA Tax Consultancy Limited is a private company limited by shares and incorporated in England. Its registered office is:
Flat 86 Leybridge Court
London
SE12 8TJ
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