Registered number 05631217 Charity registered number 1127256 MUAIC LIMITED Report and Accounts 30 November 2024 MUAIC LIMITED Company Infonnatlon Directors M.A.Awal MaTzooque Billah M. Kabir Marul Bill8h A.S. Iman M.A.Saud H. Ullah Accountants Ahmad Accountants 28 Shaftmoor Lane Acocks Green Bimingham West Midlands B27 7RS Bankgrs HSBC Bank plc 96 High Street King Heath Birmingham West Midlands B14 7LD Rggistered office 406 Bordesley Green 8ordesley Green Birmingham West Midlands Bg SNE Registered numbér 05631217 MUAIC LIMITED Registered number: Directors. Report 05631217 The directors present th￿r report and accoursts for the yeaf ended 30 November 2024. Principal actlvitles The companys pllncipal activty during sear continued lo ￿ as a tharrtable organisation. The company is a ¢hatty registered wth the Charty Commisston. Dlrectors The following persons seryed as directors during the yEar. M.A.Awal ma￿t￿ue Billah M. Kabir Maruf 8illah A.S. Iman M.A.Saud H. Ullah Small company provisions This report has been prepared in accordan￿ vthh the provision5 in Part 15 of the C(xnpanies Act 21x6 applicable to companies subject to the small companie5 regime. This report was approved by the boaid on 9 May 2025 and sNJned on its behalf. MAAwal Director MUAIC LIMITED Profit and Loss Account for the year ènded 30 Novernber 2024 2024 2023 Incoming resourc•s 71,729 84.231 Resources expended 136.3271 (27,4801 Net movement of funds before taxatlon 35.402 56,751 Net Movemènt offunds 35.402 56.751 Tax on ordinary acttvities Net movernent of funds after taxation 35.402 56.751 MUAIC LIMITED Registered number: Balance Sheet as at 30 November 2024 05631217 2024 2023 Fixed assets Tangible assels 258.494 237.174 Current assets Cash al bank and in hand 7.642 Creditors: amounts falling due within one year (S6.￿3) 167.3711 Net current liabilities {48.9211 {63,0031 Net assets 209.573 174,171 Capital and reserves Profit and loss aC￿￿￿t 209,573 174,171 Shareholders. fvnds 209.573 174.171 The directors are satt"sfied that the company is enblled to exemption from the requirement to obtain an audit under sectsoft 477 of the Compan￿$ Acl 2006. The members have not reqltired the company to obtain an audit in a(xx)rfance with section 476 of the Acl. The directors ackn(Mledge Iheir responsibililies for complw.ng vnth the fequirements of the Compan¢es Act 2006 with respect to accounting records and the preparation of acwunts. The accounis have been prepared and delivered in accordarbce wth Ihe special provisions applicable to companies subject to the small companies regime. The profft and loss ac￿Unt has nol been (Jelivered to the Registrar of Companies. IA A ezcoou£ ELLLAII MAAwal Director Approved by the tr*)ard on 9 May 2025 MUAIC LIMITED Notes to the Accounts for the year ended 30 November 2024 1 Accounting poll¢l8s Basis of preparation The accounts have been wepared urmler the historKal cost convention and in accDfdar￿e wth FRS 102. The Financial Reporting Standard ap￿ICable in the UK and Republic of Ireland las applied lo small entits.es by seclion 1A of the standard}. rurnover Tumover is measured at the faif value of the conshjeration receive¢J or receivable, net of discounts and value added taxes. Tumovef includes revenue eamed from the sale of goods and from ihe rendering of services. Tumover from the Sa￿ of gc*)ds is recognised when the significant risks and rewards of ownership ol the goods have transferTed to the buyer. Tumover from the TendeTing ol se*vices is recognised by reference to the slage ol c¢)Mplet1￿ of the contract. The stsge of completion of a contract is measuie(I by comparing the cosls incurred lor work I￿rf0mled tr) daté to the tolal estimated contrnct cosls. Intangible fixed assets Intangible fixed asset5 are measuFed al wst less aGcumulalive amotbsation and any a¢xumulative impaittnenl losses. Tangible fixed assets Tangible fixed assets are measured at cost less 8ccumulative depreoab.on and any accumulative impairment losses. Depreciation is pro￿ded on all tangible fixed assets, other than freehold land, at rates calculated lo write off the cost. less estimated residual value. of each asset evenly over its expected useftsl lrfe. as foll￿•¥S. Freewd buildings Leasehold and buildings Plant and machinery Fixtures. fitttng5. tools and equymenl over 50 yea[5 over the lease term over 5 yeafs over 5 yea[5 Investments Investments in subsidiaries. asyKiales arKI joint venlures are measured at st detemineil using Ihe effective interest methryj. Taxation A currenl tax liability is recc*Jnised for the lax paydble ￿ the taxable profit of the current and past peiiods. A current tax asset is recognised in respect of a tax loss ihat can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences befv￿en the recognEU'on of income and expenses in the financial statements and theiT inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they wll be recoveied against the reversal of deferred tax liabilib.es or other future taxable profits. Defefred tax is measured using the tax rates and laws ihat have bee enacted or substanbvely enacted by the reporttng dale and that a￿ expecled to apply to the reveisal of the timing diffe¥ence, excepl for revalued land and investment property where the tax late that applies to the Sa￿ of the asset is l￿d. Current and delerred tax assets and liabilsties are not discounted. Provisions Provisions lie liabilities of uncertain timiryj or amounll are recognised when there is an tsbligation at the reF4)rting date as a result of a past event. it is probable thal economic benefit wll be tran51erred lo settle the oblKJation arKI the amount of the obligation can be estimated reliabty. Foreign CUfTency translation Transactions in foreign Cltrrencies are initially recogni5ed al the rate of exchange ruling at the date of the transactson. At ihe end of each rewkn.ng ￿n[mI foreign currency monetary item5 ar8 translated at closing rate of exchange. Non-monetary items that are measured at historical cost are transkted at the rale tuling at dale of the transactK)n. All differences are charged to profit or loss. Leased assets A lease is classified as a finarlce lease if rt transfers subslants.ally all the risks and rewards incidental lo ownership. othw leases a￿ dassified as operating leases. The rights of use and obligations under finance leases are initialty rec¢xJnised as assets and Irabilities al a¥nounts equal to the fail value of the leased assets or. rf lower. the presenl value of the minimum lease p8yments. Minimum lease payrnents are apportioned beNYeen the finance chaige and the reduction in the outstanding lia￿'l1ty ustng the effective interest rate methcrfj. The finance cha¥9e is allocated lo each period during the lease 50 as to pr￿u￿ a constanl perjodic rate ol interest on the remaining balance of the liability. Leased assets are depreciatert in acGordance with the cornpanls policy for tangible fixed assets. 11 there Is no feasonaNe certainty that ownership will be obtained at ihe end of the ￿ase lerm. the assel is depreciated over the lower of the lease lerm and its useful Iile. Operating lease pa￿ents ale rewnised as an expense on a straight line basÉs over the lease teim. Pensions Contribut￿n5 to defined ￿)￿trIbut￿￿ plans are exFensed in the P￿￿K] to which they relate. 2 Employees 2024 Ntsmber 2023 Number MUAIC LIMITED Notes to the Accounts for the year ended 30 November 2024 Average numbef of persons ernpl0￿ by the company 3 Tangible fixed assets Land and buildings Cost Al t December 2023 Additions 237.174 21,320 258.494 At 30 November 2024 Depreciation At 30 November 2024 Net book value At 30 November 2024 258.494 At 30 November 2023 237.174 4 Cr9dltors- amounts falling due within one year 2024 2023 Taxation an($ social security costs Other creditors 1,240 66,131 67,371 56.563 56.563 5 Othar Infomiation MVAIC LIMITED is a private company limited by shares ar￿ in(xyporaled in England. Its reyi5tered office is.. 406 Bordesley Green 8ordesley Green Birmingham West Midlands B9 SNE MUAIC LIMITED Detailed profit and loss account for the year ended 30 November 2024 This schedule doe5 not fom7 part ofthe statutory accounts 2024 2023 Incomlng resources 71.729 84.231 Resources expended 136.3271 {27,480) Net movement of funds 35,402 56.751 N¢t movement of funds ￿lOre taxation 35.402 56,751 MUAIC LIMITED Detsile(f profit and loss account for the year ended 30 November 2024 Tljis schedule does not fom? part of the stalirtory accounts 2Q24 2023 Sales Sales 71.729 84,231 Admlnistrative expenses Employee costs-. Wages and salaries Tiavel and subsistence 14,635 332 14.967 13,814 13,814 Premises costs.. Li9hl and heal Cleaning 1,446 723 2.169 947 3.443 General a¢Jministralive expenses.. Telephone and fax Stationery and printing Donallons Bank charges Sundry expenses 663 660 14,886 209 899 17,317 559 495 9.600 203 40 10,897 Legal and professional costs.. Accountancy fees 600 600 600 36.327 27,480