Mowlow Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11209339 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2021 to 31 December 2021

for

Mowlow Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Lobenstein

SECRETARY:

Y Lobenstein

REGISTERED OFFICE:

Jaylow House

Leyton Link Estate

Argall Avenue

London

E10 7FD

REGISTERED NUMBER:

11209339 (England and Wales)

ACCOUNTANTS:

Martin+Heller

5 North End Road

London

NW11 7RJ

FIXED ASSETS

Investment property

4

173,447

91,154

CURRENT ASSETS

Debtors

5

12

72

Cash at bank and in hand

7,254

72,111

7,266

72,183

CREDITORS

Amounts falling due within one year

6

47,947

53,591

NET CURRENT (LIABILITIES)/ASSETS

(40,681

)

18,592

TOTAL ASSETS LESS CURRENT LIABILITIES

132,766

109,746

CREDITORS

Amounts falling due after more than one year

7

137,050

111,964

NET LIABILITIES

(4,284

)

(2,218

)

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

9

(4,294

)

(2,228

)

SHAREHOLDERS' FUNDS

(4,284

)

(2,218

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2021 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 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 director and authorised for issue on 30 September 2022 and were signed by:

M Lobenstein - Director

1.	STATUTORY INFORMATION

Mowlow Ltd 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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 period was NIL (2021 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2021

91,154

Additions

82,293

At 31 December 2021

173,447

NET BOOK VALUE

At 31 December 2021

173,447

At 28 February 2021

91,154

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

28.2.21

£

£

Other debtors

12

72

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

28.2.21

£

£

Other creditors

47,947

53,591

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

28.2.21

£

£

Bank loans

87,999

88,002

Other creditors

49,051

23,962

137,050

111,964

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

37,999

38,002

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.21

28.2.21

value:

£

£

10

Ordinary

£1

10

10

9.

RESERVES

Retained

earnings

£

At 1 March 2021

(2,228

)

Deficit for the period

(2,066

)

At 31 December 2021

(4,294

)