Company Registration No. 07953792 (England and Wales)
MAXIS TECH SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 March 2023
MAXIS TECH SOLUTIONS LIMITED
Unaudited accounts
Contents
MAXIS TECH SOLUTIONS LIMITED
Company Information
for the year ended 31 March 2023
Company Number
07953792 (England and Wales)
Registered Office
59A Greenford Avenue
London
W7 1LL
MAXIS TECH SOLUTIONS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
2,022
2,169
Cash at bank and in hand
22,151
8,302
Creditors: amounts falling due within one year
(6,997)
(7,066)
Net current assets
97,525
83,607
Called up share capital
1
1
Profit and loss account
99,546
85,775
Shareholders' funds
99,547
85,776
For the year ending 31 March 2023 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 30 September 2023 and were signed on its behalf by
Shahbaz Ahmed
Director
Company Registration No. 07953792
MAXIS TECH SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
MAXIS TECH SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07953792. The registered office is 59A Greenford Avenue, London, W7 1LL.
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:
Plant & machinery
20 Reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
2,522
2,000
1,510
6,032
At 31 March 2023
2,522
2,000
1,510
6,032
At 1 April 2022
2,240
1,396
227
3,863
Charge for the year
56
91
-
147
At 31 March 2023
2,296
1,487
227
4,010
At 31 March 2023
226
513
1,283
2,022
At 31 March 2022
282
604
1,283
2,169
Amounts falling due within one year
Amounts due from group undertakings etc.
82,371
82,371
MAXIS TECH SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
6,397
5,574
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).