IRIS Accounts Production v23.1.0.753 13690872 Board of Directors 20.10.21 31.10.22 31.10.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure136908722021-10-19136908722022-10-31136908722021-10-202022-10-31136908722021-10-1913690872ns16:EnglandWales2021-10-202022-10-3113690872ns15:PoundSterling2021-10-202022-10-3113690872ns11:Director12021-10-202022-10-3113690872ns11:PrivateLimitedCompanyLtd2021-10-202022-10-3113690872ns11:SmallEntities2021-10-202022-10-3113690872ns11:AuditExempt-NoAccountantsReport2021-10-202022-10-3113690872ns11:SmallCompaniesRegimeForDirectorsReport2021-10-202022-10-3113690872ns11:SmallCompaniesRegimeForAccounts2021-10-202022-10-3113690872ns11:FullAccounts2021-10-202022-10-311369087212021-10-202022-10-3113690872ns11:Director22021-10-202022-10-3113690872ns11:RegisteredOffice2021-10-202022-10-3113690872ns6:CurrentFinancialInstruments2022-10-3113690872ns6:Non-currentFinancialInstruments2022-10-3113690872ns6:ShareCapital2022-10-3113690872ns6:RetainedEarningsAccumulatedLosses2022-10-3113690872ns6:IntangibleAssetsOtherThanGoodwill2021-10-202022-10-3113690872ns6:NetGoodwill2021-10-202022-10-3113690872ns6:NetGoodwill2022-10-3113690872ns6:PlantMachinery2021-10-202022-10-3113690872ns6:FurnitureFittings2021-10-202022-10-3113690872ns6:MotorVehicles2021-10-202022-10-3113690872ns6:PlantMachinery2022-10-3113690872ns6:FurnitureFittings2022-10-3113690872ns6:MotorVehicles2022-10-3113690872ns6:WithinOneYearns6:CurrentFinancialInstruments2022-10-31
REGISTERED NUMBER: 13690872 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

20 OCTOBER 2021 TO 31 OCTOBER 2022

FOR

MAPLE WINDOWS AND DOORS LTD

MAPLE WINDOWS AND DOORS LTD (REGISTERED NUMBER: 13690872)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 20 OCTOBER 2021 TO 31 OCTOBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAPLE WINDOWS AND DOORS LTD

COMPANY INFORMATION
FOR THE PERIOD 20 OCTOBER 2021 TO 31 OCTOBER 2022







DIRECTORS: M W Chuhan
A Ali





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 13690872 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

MAPLE WINDOWS AND DOORS LTD (REGISTERED NUMBER: 13690872)

BALANCE SHEET
31 OCTOBER 2022

Notes £    £   
FIXED ASSETS
Intangible assets 4 11,999
Tangible assets 5 75,110
87,109

CURRENT ASSETS
Stocks 45,000
Debtors 6 478,827
Cash at bank and in hand 6,884
530,711
CREDITORS
Amounts falling due within one year 7 320,922
NET CURRENT ASSETS 209,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

296,898

CREDITORS
Amounts falling due after more than one
year

8

277,933
NET ASSETS 18,965

CAPITAL AND RESERVES
Called up share capital 400
Retained earnings 18,565
18,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2022 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 20 October 2023 and were signed on its behalf by:





M W Chuhan - Director


MAPLE WINDOWS AND DOORS LTD (REGISTERED NUMBER: 13690872)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 20 OCTOBER 2021 TO 31 OCTOBER 2022

1. STATUTORY INFORMATION

Maple Windows And Doors Ltd 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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the period 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.


MAPLE WINDOWS AND DOORS LTD (REGISTERED NUMBER: 13690872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20 OCTOBER 2021 TO 31 OCTOBER 2022

2. ACCOUNTING POLICIES - continued
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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 22 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 15,000
At 31 October 2022 15,000
AMORTISATION
Charge for period 3,001
At 31 October 2022 3,001
NET BOOK VALUE
At 31 October 2022 11,999

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
Additions 79,100 3,650 17,154 99,904
At 31 October 2022 79,100 3,650 17,154 99,904
DEPRECIATION
Charge for period 19,775 730 4,289 24,794
At 31 October 2022 19,775 730 4,289 24,794
NET BOOK VALUE
At 31 October 2022 59,325 2,920 12,865 75,110

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 379,516
Other debtors 3,497
Staff loan 10,714
VAT 73,433
Prepayments 11,667
478,827

MAPLE WINDOWS AND DOORS LTD (REGISTERED NUMBER: 13690872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20 OCTOBER 2021 TO 31 OCTOBER 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 100,416
Social security and other taxes 19,623
Other creditors 150,463
Net wages 39,307
Directors' current accounts 4,033
Accrued expenses 7,080
320,922

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Loans more than 1 year 277,933

9. RELATED PARTY DISCLOSURES

Included in creditors, amount falling due within one year is an amount of £ 4,033.11 owed to the director of the company.The loan is interest free and payable on demand.

Included in creditors, loan amount falling due more than one year is an amount of £ 73,441 owed to the
shareholder Ali Azhar. The loan is interest free and payable on demand.

Included in creditors, loan amount falling due more than one year is an amount of £ 127,992 owed to the London Portfolio Group Ltd . The loan is interest free and payable on demand.

Included in creditors, loan amount falling due more than one year is an amount of £ 31,500 owed to the ZA Legal Ltd . The loan is interest free and payable on demand.

Included in creditors, loan amount falling due more than one year is an amount of £ 20,000 owed to the 1627 Ltd . The loan is interest free and payable on demand.

Included in creditors, loan amount falling due more than one year is an amount of £ 25,000 owed to the H Sterling Development Ltd. The loan is interest free and payable on demand.