Mangera Ltd - Accounts

Mangera Ltd - Accounts

MANGERA LTD - Company Information

Print Friendly Version

2020-07-10 2021-07-31 false Capium Accounts Production 1.1 12734079 bus:AbridgedAccounts 2020-07-10 2021-07-31 12734079 bus:FRS102 2020-07-10 2021-07-31 12734079 bus:AuditExemptWithAccountantsReport 2020-07-10 2021-07-31 12734079 bus:SmallCompaniesRegimeForAccounts 2020-07-10 2021-07-31 12734079 bus:PrivateLimitedCompanyLtd 2020-07-10 2021-07-31 12734079 2020-07-10 2021-07-31 12734079 2021-07-31 12734079 bus:RegisteredOffice 2020-07-10 2021-07-31 12734079 core:WithinOneYear 2021-07-31 12734079 core:AfterOneYear 2021-07-31 12734079 bus:Director1 2020-07-10 2021-07-31 12734079 bus:Director1 2021-07-31 12734079 2019-07-10 12734079 bus:CompanySecretary1 2020-07-10 2021-07-31 12734079 bus:LeadAgentIfApplicable 2020-07-10 2021-07-31 12734079 2020-07-09 12734079 core:PlantMachinery 2020-07-10 2021-07-31 12734079 core:PlantMachinery 2021-07-31 12734079 core:PlantMachinery 2020-07-09 12734079 core:FurnitureFittings 2020-07-10 2021-07-31 12734079 core:FurnitureFittings 2021-07-31 12734079 core:FurnitureFittings 2020-07-09 12734079 core:ComputerEquipment 2020-07-10 2021-07-31 12734079 core:ComputerEquipment 2021-07-31 12734079 core:ComputerEquipment 2020-07-09 12734079 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-07-31 12734079 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2020-07-09 12734079 core:NetGoodwill 2020-07-10 2021-07-31 12734079 core:NetGoodwill 2021-07-31 12734079 core:NetGoodwill 2020-07-09 12734079 core:CostValuation core:Non-currentFinancialInstruments 2021-07-31 12734079 core:CostValuation core:Non-currentFinancialInstruments 2020-07-09 12734079 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2021-07-31 12734079 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2021-07-31 12734079 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2021-07-31 12734079 core:Non-currentFinancialInstruments 2021-07-31 12734079 core:Non-currentFinancialInstruments 2020-07-09 12734079 core:RetainedEarningsAccumulatedLosses 2021-07-31 12734079 dpl:Item1 2020-07-10 12734079 dpl:Item1 2021-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12734079


 

 

 

MANGERA LTD


Abridged Accounts
 


Period of accounts

Start date: 10 July 2020

End date: 31 July 2021

Mangera Ltd
Contents Page
For the period ended 31 July 2021
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 July 2021 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Chothia and Co
31 July 2021



....................................................
Chothia and Co
56 Beaumont Road

Leicester
LE5 3HA
16 December 2021
1
 
 		 Notes
 		 2021
£
Fixed assets    
Intangible fixed assets 126,350 
Tangible fixed assets 12,353 
138,703 
Current assets    
Debtors (28,532)
Cash at bank and in hand 42,170 
13,638 
Creditors: amount falling due within one year (1,412)
Net current assets 12,226 
 
Total assets less current liabilities 150,929 
Creditors: amount falling due after more than one year (128,000)
Net assets 22,929 
 

Capital and reserves 		   
Profit and loss account 22,929 
Shareholder's funds 22,929 
 


For the period ended 31 July 2021 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. 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 16 December 2021 and were signed by:


--------------------------------
Fatima Mangera
Director
2
General Information
Mangera Ltd is a private company, limited by shares, registered in , registration number 12734079, registration address 114 Melbourne Road, Leicester, LE2 0DS

The presentation currency is £ sterling.
1.

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.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
2.

Average number of employees

Average number of employees during the period was 4.
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 10 July 2020 140,000    140,000 
Additions -    - 
Disposals -    - 
At 31 July 2021 140,000    140,000 
Amortisation
At 10 July 2020 -    - 
Charge for period -    - 
On disposals 13,650    13,650 
At 31 July 2021 13,650    13,650 
Net book values
At 31 July 2021 126,350    126,350 
At 09 July 2020 140,000    140,000 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 10 July 2020 700    8,000    -    8,700 
Additions -    -    1,881    1,881 
Disposals -    -    -    - 
Transfers 4,000    -    -    4,000 
At 31 July 2021 4,700    8,000    1,881    14,581 
Depreciation
At 10 July 2020 252    -    -    252 
Charge for period -    -    -    - 
On disposals -    2,010    (34)   1,976 
At 31 July 2021 252    2,010    (34)   2,228 
Net book values
Closing balance as at 31 July 2021 4,448    5,990    1,915    12,353 
Opening balance as at 10 July 2020 448    8,000    -    8,448 

The net book value of Computer Equipment includes £34 in respect of assets leased under finance leases or hire purchase contracts.

3