MALA BUSINESS SOLUTIONS LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10031351 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 February 2020

for

MALA BUSINESS SOLUTIONS LIMITED

Page

Balance Sheet

1

CALLED UP SHARE CAPITAL NOT PAID

100

100

FIXED ASSETS

1,336

1,257

CURRENT ASSETS

329,347

440,927

CREDITORS

Amounts falling due within one year

(824

)

(51,027

)

NET CURRENT ASSETS

328,523

389,900

TOTAL ASSETS LESS CURRENT LIABILITIES

329,959

391,257

CAPITAL AND RESERVES

329,959

391,257

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

MALA BUSINESS SOLUTIONS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10031351

Registered office:

24 Nesta Road

Woodford Green

Essex

IG8 9RG

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2019 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2020 and 28 February 2019:

29.2.20

28.2.19

£

£

Mr B Sidhu

Balance outstanding at start of year

84,407

-

Amounts advanced

71,444

84,407

Amounts repaid

(84,407

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

71,444

84,407

The loan to the director was repaid back to the company within nine months of the year end.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 25 November 2020 and were signed by:

Mr B Sidhu - Director