Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseConstruction of commercial buildings & Construction of domestic buildings11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13206856 2022-04-01 2023-03-31 13206856 2021-02-17 2022-03-31 13206856 2023-03-31 13206856 2022-03-31 13206856 1 2022-04-01 2023-03-31 13206856 d:Director1 2022-04-01 2023-03-31 13206856 c:MotorVehicles 2022-04-01 2023-03-31 13206856 c:MotorVehicles 2023-03-31 13206856 c:MotorVehicles 2022-03-31 13206856 c:MotorVehicles c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13206856 c:FurnitureFittings 2022-04-01 2023-03-31 13206856 c:FurnitureFittings 2023-03-31 13206856 c:FurnitureFittings 2022-03-31 13206856 c:FurnitureFittings c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13206856 c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13206856 c:CurrentFinancialInstruments 2023-03-31 13206856 c:CurrentFinancialInstruments 2022-03-31 13206856 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 13206856 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 13206856 c:ShareCapital 2023-03-31 13206856 c:ShareCapital 2022-03-31 13206856 c:RetainedEarningsAccumulatedLosses 2023-03-31 13206856 c:RetainedEarningsAccumulatedLosses 2022-03-31 13206856 d:OrdinaryShareClass1 2022-04-01 2023-03-31 13206856 d:OrdinaryShareClass1 2023-03-31 13206856 d:OrdinaryShareClass1 2022-03-31 13206856 d:FRS102 2022-04-01 2023-03-31 13206856 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13206856 d:FullAccounts 2022-04-01 2023-03-31 13206856 d:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13206856 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13206856









MAXIS GROUP LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
MAXIS GROUP LTD
REGISTERED NUMBER: 13206856

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
116,596

Investments
 5 
-
160,245

  
-
276,841

Current assets
  

Cash at bank and in hand
 6 
49
-

  
49
-

Creditors: amounts falling due within one year
 7 
(39,376)
(309,603)

Net current liabilities
  
 
 
(39,327)
 
 
(309,603)

Total assets less current liabilities
  
(39,327)
(32,762)

  

Net liabilities
  
(39,327)
(32,762)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(39,328)
(32,763)

  
(39,327)
(32,762)


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
MAXIS GROUP LTD
REGISTERED NUMBER: 13206856
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf    on 3 November 2023.




G S Sira
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MAXIS GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Maxis Group Ltd is a private company limited by shares and incorporated in England and Wales. The address of the registered office Charles Lake House, Claire Causeway, Dartford, DA2 6QA. The company's principal activity was that of management of building projects.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company has ceased trading since the year-end. These accounts have been prepared on a going concern basis as there would be no material difference if they were produced on a break up basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Straight line
Fixtures and fittings
-
20%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Other fixed asset investments are valued at cost less accumulated impairment.

Page 3

 
MAXIS GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
MAXIS GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£





At 1 April 2022
88,871
49,117
137,988


Disposals
(88,871)
(49,117)
(137,988)



At 31 March 2023

-
-
-





At 1 April 2022
11,569
9,823
21,392


Charge for the year on owned assets
5,364
9,823
15,187


Disposals
(16,933)
(19,646)
(36,579)



At 31 March 2023

-
-
-



Net book value



At 31 March 2023
-
-
-



At 31 March 2022
77,302
39,294
116,596


5.


Fixed asset investments





Investments in subsidiary companies
Other fixed asset investments
Total

£
£
£





At 1 April 2022
1
160,244
160,245


Disposals
(1)
(160,244)
(160,245)



At 31 March 2023
-
-
-




Page 5

 
MAXIS GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
49
-

49
-



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
35,530
306,618

Accruals and deferred income
3,846
2,985

39,376
309,603



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £0.01 each
1
1



9.


Related party transactions

On 1st April 2022 a motor vehicle was transferred to the director at market value, it's original cost of £62,051.
On 31st March 2023, all of the company's fixed asset investments and tangible fixed assets were transferred to the director at market value of £214,586.
Included within other creditors due within one year is an amount of £35,530 
(2022 - £306,618) due to the director of the company.


10.


Post balance sheet events

The company has since ceased trading post year-end. 

 
Page 6