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REGISTERED NUMBER: 04947348 (England and Wales)












Maintained Solutions Limited

Unaudited Financial Statements

for the Year Ended 31st October 2021






Maintained Solutions Limited (Registered number: 04947348)






Contents of the Financial Statements
for the Year Ended 31st October 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Maintained Solutions Limited

Company Information
for the Year Ended 31st October 2021







DIRECTORS: TL Sigler
Mrs P Sigler





SECRETARY: Mrs P Sigler





REGISTERED OFFICE: Apricot Cottage
16 Back Lane
Ramsbury
Marlborough
Wiltshire
SN8 2QY





REGISTERED NUMBER: 04947348 (England and Wales)





ACCOUNTANTS: Hodgsons
Chartered Accountants
48 Arwenack Street
FALMOUTH
Cornwall
TR11 3JH

Maintained Solutions Limited (Registered number: 04947348)

Statement of Financial Position
31st October 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Debtors 4 1,442 1,442
Cash at bank 48 102,992
1,490 104,434
CREDITORS
Amounts falling due within one year 5 30,448 106,342
NET CURRENT LIABILITIES (28,958 ) (1,908 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(28,958

)

(1,908

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (29,058 ) (2,008 )
SHAREHOLDERS' FUNDS (28,958 ) (1,908 )

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 15th August 2022 and were signed on its behalf by:





TL Sigler - Director


Maintained Solutions Limited (Registered number: 04947348)

Notes to the Financial Statements
for the Year Ended 31st October 2021

1. STATUTORY INFORMATION

Maintained Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 1,442 1,442

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 27,500 27,500
Trade creditors 840 -
Taxation and social security - 76,845
Other creditors 2,108 1,997
30,448 106,342

Maintained Solutions Limited (Registered number: 04947348)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2021

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2021 and 31st October 2020:

2021 2020
£    £   
TL Sigler
Balance outstanding at start of year (13 ) 5,364
Amounts repaid (1,385 ) (5,377 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,398 ) (13 )

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the director and majority shareholder Mr T Sigler.

8. RELATED PARTY

In 2014 the company received a loan of £27,500 from Landjust Limited. The directors and shareholders of the company are the parents of the director Mrs P Sigler.

At the year end date the whole balance is outstanding and included within current liabilities. There is no interest being charged on this year.

9. GOING CONCERN

At the year end the company had net liabilities and with the continued financial support of the directors, the directors believe the company is a going concern.