Mahalakshmi Enterprises Limited 31/12/2021 iXBRL
Mahalakshmi Enterprises Limited 31/12/2021 iXBRL
Company registration number:
07881492
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
31 December 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Intangible assets | 4 | - | - | ||||||
Tangible assets | 5 |
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Investments | 6 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 7 |
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Cash at bank and in hand | - |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 8 |
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_______ | _______ | ||||||||
Net current liabilities |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
18 August 2022
, and are signed on behalf of the board by:
Director
Company registration number:
07881492
Notes to the financial statements
Year ended 31 December 2021
1.
General information
The company is a private company limited by shares, registered in England & Wale. The address of the registered office is 90 Maycross Avenue, Morden, Surrey, SM4 4DB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
4.
Intangible assets
Goodwill | Total | ||
£ | £ | ||
Cost | |||
At 1 January 2021 and 31 December 2021 |
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_______ | _______ | ||
Amortisation | |||
At 1 January 2021 and 31 December 2021 |
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_______ | _______ | ||
Carrying amount | |||
At 31 December 2021 | - | - | |
_______ | _______ | ||
At 31 December 2020 | - | - | |
_______ | _______ | ||
5.
Tangible assets
Fixtures, fittings and equipment | Total | ||
£ | £ | ||
Cost | |||
At 1 January 2021 and 31 December 2021 |
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_______ | _______ | ||
Depreciation | |||
At 1 January 2021 |
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Charge for the year |
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_______ | _______ | ||
At 31 December 2021 |
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_______ | _______ | ||
Carrying amount | |||
At 31 December 2021 |
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_______ | _______ | ||
At 31 December 2020 |
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_______ | _______ | ||
6.
Investments
Other investments other than loans | Total | ||
£ | £ | ||
Cost | |||
At 1 January 2021 and 31 December 2021 |
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_______ | _______ | ||
Impairment | |||
At 1 January 2021 and 31 December 2021 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 31 December 2021 |
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_______ | _______ | ||
At 31 December 2020 |
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_______ | _______ | ||
7.
Debtors
2021 | 2020 | |||
£ | £ | |||
Other debtors |
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_______ | _______ | |||
8.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Other creditors |
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_______ | _______ | |||