Accounts filed on 31-07-2023


Registered number: 13515656






M.A Financial Consulting SVCS Ltd


ACCOUNTS

FOR THE YEAR ENDED 31/07/2023
























Prepared By:
CBS Accountants Ltd
Chartered Accountants
Unit 17, Orbital 25 Business Park
Dwight Road
Watford
WD18 9DA


M.A Financial Consulting SVCS Ltd


ACCOUNTS
FOR THE YEAR ENDED 31/07/2023





DIRECTORS
Munir Aslam


REGISTERED OFFICE
14 Marston Gardens
Luton
LU2 7DU


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13515656



ACCOUNTANTS
CBS Accountants Ltd
Chartered Accountants
Unit 17, Orbital 25 Business Park
Dwight Road
Watford
WD18 9DA


BALANCE SHEET AT 31/07/2023

			2023		2022
	Notes		£		£

FIXED ASSETS
Tangible assets	3		641,878		958

CURRENT ASSETS
Debtors	5	200		13,870
Cash at bank and in hand		6		21,913
		206		35,783
CREDITORS: Amounts falling due within one year	6	611,783		32,432
NET CURRENT (LIABILITIES) / ASSETS			(611,577)		3,351
TOTAL ASSETS LESS CURRENT LIABILITIES			30,301		4,309


PROVISIONS FOR LIABILITIES AND CHARGES	7		7,977		-

NET ASSETS			22,324		4,309

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			22,224		4,209
SHAREHOLDERS' FUNDS			22,324		4,309

For the year ending 31/07/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 16/01/2024 and signed on their behalf by



.............................
Munir Aslam
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		15%
Equipment		25%




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




4. INVESTMENT PROPERTIES

	Investment
	Properties	Total
	£	£
Fair value
Additions	610,399	610,399
Revaluation	30,101	30,101
At 31/07/2023	640,500	640,500
Investment property is included at fair value.
Gains and Losses are recognised in the income statements.
Deferred taxation if any is provided on these gains at the rate expected to apply when the property is sold.




5. DEBTORS	2023	2022
	£	£
Amounts falling due within one year
Trade debtors	-	3,895
Prepayments	200	-
Accrued income	-	9,975
	200	13,870




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2023	2022
	£	£
UK corporation tax	6,986	17,984
VAT	-	3,623
Directors current account	604,767	10,825
Accruals	30	-
	611,783	32,432




8. SHARE CAPITAL	2023	2022
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100

9. RELATED PARTY TRANSACTIONS

Balance with directors are shown in note 6 under creditors.
Balance due to director at the start of the year: £10,825. During the year, the company made interest-free advances to the director amounting to £Nil (2022: £Nil). These were repayable on demand.
Balance due to director as of 31/07/2023: £604,767




10. TRANSITION TO FINANCIAL REPORTING STANDARD FRS 102 WITH 1A EXEMPTIONS
As stated in note 1 ( Accounting Policies), these are the company's first financial statements prepared in accordance with FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The accounting policies set out in note 1 have been applied in preparing the financial statements for the year ended 31 July 2023. The policies applied under the Company's previous
accounting framework are not materially different to FRS 102 standards applicable in the UK and Republic of Ireland.