Malaria No More UK Trading Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07621448 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Malaria No More UK Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J W Whiting

SECRETARY:

M van Lierop

REGISTERED OFFICE:

The Foundry

17 Oval Way

London

SE11 5RR

REGISTERED NUMBER:

07621448 (England and Wales)

CURRENT ASSETS

Debtors

4

378,590

5,862

Cash at bank

90,142

45,856

468,732

51,718

CREDITORS

Amounts falling due within one year

5

468,731

65,927

NET CURRENT ASSETS/(LIABILITIES)

1

(14,209

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

(14,209

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

-

(14,210

)

SHAREHOLDERS' FUNDS

1

(14,209

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 September 2022 and were signed by:

J W Whiting - Director

1.	STATUTORY INFORMATION

Malaria No More UK Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Tangible fixed assets and depreciation

Tangible fixed assets costing over £500 (including any incidental expenses of acquisition) are capitalized.

Cash flow

The company qualifies as a small company under the Companies Act 2006, and as a consequence it is exempt from the requirement to publish a cash flow statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

378,590

5,862

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

-

786

Amounts owed to group undertakings

392,421

64,265

Taxation and social security

76,310

876

468,731

65,927

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

1

Ordinary

£1

1

1

Number

Number

Authorised:

Ordinary shares of £1 each

1,000

1,000

7.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Malaria No More UK (registered charity number 1126222), which is also the ultimate controlling party.

Administrative expenses include the sum of £401,217 (2020, £NIL) which was transferred to Malaria No More UK as gift aid donations.