MAHALI & CO LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12393864

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		224,482		244,130

			224,482		244,130
CURRENT ASSETS
Stocks	5	10,000		5,000
Debtors		35,309		26,071
Cash at bank and in hand		578,622		186,326

		623,931		217,397
Creditors: Amounts Falling Due Within One Year		(349,351 )		(188,566 )

NET CURRENT ASSETS (LIABILITIES)			274,580		28,831

TOTAL ASSETS LESS CURRENT LIABILITIES			499,062		272,961

Creditors: Amounts Falling Due After More Than One Year			(203,715 )		(209,089 )

NET ASSETS			295,347		63,872

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			295,346		63,871

SHAREHOLDERS' FUNDS			295,347		63,872

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MAHALI & CO LIMITED

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss Ru-Yan Foong

Director

13/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

MAHALI & CO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12393864 . The registered office is Flat 9, Hirst Court, 20 Gatliff Road, London, SW1W 8QD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% Straight line method
Plant & Machinery	25% Straight line method
Fixtures & Fittings	25% Straight line method
Computer Equipment	25% Straight line method

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

Basic financial instruments are recognised at amortized cost, except for investments in non-convertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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MAHALI & CO LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgments, estimates

and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other

sources.

The estimates and associated assumptions are based on historical experience and other factors that are considered

to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are

reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate

is revised if the revision affects only that period, or in the period of the revision and future periods if the revision

affects both current and future periods.

The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring

disclosure beyond the accounting policies listed below.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2025: 8)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2025	107,087	83,203	95,519	-	285,809
Additions	-	36,947	6,350	1,333	44,630
Disposals	-	(555 )	-	-	(555 )

As at 31 January 2026	107,087	119,595	101,869	1,333	329,884

...CONTINUED

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MAHALI & CO LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Depreciation
As at 1 February 2025	9,539	19,442	12,698	-	41,679
Provided during the period	10,709	28,299	24,965	305	64,278
Disposals	-	(555 )	-	-	(555 )

As at 31 January 2026	20,248	47,186	37,663	305	105,402

Net Book Value
As at 31 January 2026	86,839	72,409	64,206	1,028	224,482

As at 1 February 2025	97,548	63,761	82,821	-	244,130

5. Stocks

	2026	2025
	£	£
Finished goods	10,000	5,000

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

The company was controlled throughout the current period by Miss Ru-Yan Foong and Mr Enrique Miguel by virtue of ownership of the entire issued share capital.

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