MALIK EXCHANGE LIMITED - Accounts

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Registered Number: 10451421

England and Wales

MALIK EXCHANGE LIMITED

Abridged Accounts

Period of accounts

Start date: 01 November 2019

End date: 31 October 2020

MALIK EXCHANGE LIMITED
Contents Page
For the year ended 31 October 2020

Statement of financial position	1
Notes to the financial statements	2

MALIK EXCHANGE LIMITED
Statement of Financial Position
As at 31 October 2020

	2020 £	2019 £
Fixed assets
Tangible fixed assets	275	550
	275	550
Current assets
Cash at bank and in hand	12,517	5,494
Creditors: amount falling due within one year	0	(5,475)
Net current assets	12,517	19

Total assets less current liabilities	12,792	569
Net assets	12,792	569

Capital and reserves
Called up share capital	1	1
Profit and loss account	12,791	568
Shareholders funds	12,792	569

For the year ended 31 October 2020 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 27 July 2021 and were signed by:

--------------------------------
Atiq Sungeen
Director

MALIK EXCHANGE LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 October 2020

General Information

MALIK EXCHANGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10451421, registration address Office 326 , Unit 3 Watling Gate, 297-303 Edgware Roa, NW9 6NB

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 1 (2019 : 1).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 November 2019	550	550
Additions	-	-
Disposals	-	-
At 31 October 2020	550	550
Depreciation
At 01 November 2019	-	-
Charge for year	275	275
On disposals	-	-
At 31 October 2020	275	275
Net book values
Closing balance as at 31 October 2020	275	275
Opening balance as at 01 November 2019	550	550