MATLOOB HOLDINGS LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10453305 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2020

for

MATLOOB HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M A MATLOOKB

SECRETARY:

REGISTERED OFFICE:

48

CHINGFORD ROAD

LONDN

London

E17 4PJ

REGISTERED NUMBER:

10453305 (England and Wales)

ACCOUNTANTS:

Qazi and co

1-3 JEWEL ROAD

WALTHAMSTOW

London

E17 4QX

FIXED ASSETS

Investment property

4

32,932

32,932

CURRENT ASSETS

Cash in hand

111

432

NET CURRENT ASSETS

111

432

TOTAL ASSETS LESS CURRENT LIABILITIES

33,043

33,364

CREDITORS

Amounts falling due after more than one year

5

47,694

46,351

NET LIABILITIES

(14,651

)

(12,987

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(14,652

)

(12,988

)

(14,651

)

(12,987

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 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 29 July 2021 and were signed by:

M A MATLOOKB - Director

1.	STATUTORY INFORMATION

MATLOOB HOLDINGS LIMITED 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 year 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 year 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 year was NIL (2019 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2019

and 31 October 2020

32,932

NET BOOK VALUE

At 31 October 2020

32,932

At 31 October 2019

32,932

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.20

31.10.19

£

£

Trade creditors

47,694

46,351