Company Registration No. 12147447 (England and Wales)
MONAIA LTD
Unaudited accounts
for the year ended 31 August 2021
MONAIA LTD
Unaudited accounts
Contents
MONAIA LTD
Company Information
for the year ended 31 August 2021
Director
Mohammad Reda Elsayed ELFATAIRY
Company Number
12147447 (England and Wales)
Registered Office
89 MAULDETH ROAD WEST
WITHINGTON
MANCHESTER
M20 1AH
UNITED KINGDOM
Accountants
MK Accountancy Ltd AFA MIPA
Suite 3.17, Universal Square
Devonshire Street
Manchester
M12 6JH
MONAIA LTD
Statement of financial position
as at
31 August 2021
Tangible assets
18,700
20,350
Cash at bank and in hand
134,275
62,720
Creditors: amounts falling due within one year
(201,811)
(75,862)
Net current liabilities
(67,536)
(7,142)
Net (liabilities)/assets
(48,836)
13,208
Called up share capital
2,000
2,000
Profit and loss account
(50,836)
11,208
Shareholders' funds
(48,836)
13,208
For the year ending 31 August 2021 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 October 2021 and were signed on its behalf by
Mohammad Reda Elsayed ELFATAIRY
Director
Company Registration No. 12147447
MONAIA LTD
Notes to the Accounts
for the year ended 31 August 2021
MONAIA LTD is a private company, limited by shares, registered in England and Wales, registration number 12147447. The registered office is 89 MAULDETH ROAD WEST, WITHINGTON, MANCHESTER, M20 1AH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
At 1 September 2020
22,000
At 1 September 2020
1,650
Charge for the year
1,650
5
Debtors: amounts falling due within one year
2021
2020
MONAIA LTD
Notes to the Accounts
for the year ended 31 August 2021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
1,770
7,836
Taxes and social security
-
3,016
Loans from directors
200,010
65,010
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Transactions with related parties
Name of directors receiving advance or credit: Mohammad Reda Elsayed Elfatairy
Description of transaction: Directors Loan / Investment
Balance at 01/9/2020 65,010
Advances or credit made 135,000
Advances or credit repaid 0
Balance at 31/08/2021 200,010
The company is controlled by:
Mohammad Reda Elsayed Elfatairy
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Average number of employees
During the year the average number of employees was 3 (2020: 2).