MPAAS LTD

MPAAS LTD

MPAAS LTD - Company Information

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MPAAS LTD

Company Registration Number:
09820522 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

MPAAS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

MPAAS LTD

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 279,853 143,768
Investments: 4 27,000 27,000
Total fixed assets: 306,853 170,768
Current assets
Stocks: 164,071 164,071
Debtors:   3,108,168 602,168
Cash at bank and in hand: 175,228 116,017
Total current assets: 3,447,467 882,256
Creditors: amounts falling due within one year:   (8,360,523) (2,309,348)
Net current assets (liabilities): (4,913,056) (1,427,092)
Total assets less current liabilities: (4,606,203) (1,256,324)
Total net assets (liabilities): (4,606,203) (1,256,324)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (4,606,303) (1,256,424)
Shareholders funds: (4,606,203) (1,256,324)

The notes form part of these financial statements

MPAAS LTD

Balance sheet statements

For the year ending 31 October 2022 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 21 July 2023
and signed on behalf of the board by:

Name: Ken Campbell
Status: Director

The notes form part of these financial statements

MPAAS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

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

MPAAS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 130 45

MPAAS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 143,768
Additions 266,206
At 31 October 2022 409,974
Depreciation
At 01 November 2021 0
Charge for year 130,121
At 31 October 2022 130,121
Net book value
At 31 October 2022 279,853
At 31 October 2021 143,768

MPAAS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Fixed investments

purchase of company that holds a licence