M.S. VENTURES LIMITED

M.S. VENTURES LIMITED

M.S. VENTURES LIMITED - Company Information

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M.S. VENTURES LIMITED

Company Registration Number:
03358107 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

M.S. VENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

M.S. VENTURES LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 1,972,193 1,972,930
Total fixed assets: 1,972,193 1,972,930
Current assets
Debtors:   853,956 853,956
Cash at bank and in hand: 9,006 29,467
Total current assets: 862,962 883,423
Creditors: amounts falling due within one year:   (44,104) (89,566)
Net current assets (liabilities): 818,858 793,857
Total assets less current liabilities: 2,791,051 2,766,787
Creditors: amounts falling due after more than one year:   (871,366) (879,055)
Total net assets (liabilities): 1,919,685 1,887,732
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:41,009,3941,009,394
Profit and loss account: 910,191 878,238
Shareholders funds: 1,919,685 1,887,732

The notes form part of these financial statements

M.S. VENTURES LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2023
and signed on behalf of the board by:

Name: Mr KARIM MOLOO
Status: Director

The notes form part of these financial statements

M.S. VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

M.S. VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

M.S. VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 1,993,754
At 31 March 2023 1,993,754
Depreciation
At 01 April 2022 20,824
Charge for year 737
At 31 March 2023 21,561
Net book value
At 31 March 2023 1,972,193
At 31 March 2022 1,972,930

M.S. VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Revaluation reserve

2023
£
Balance at 01 April 2022 1,009,394
Surplus or deficit after revaluation 0
Balance at 31 March 2023 1,009,394