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REGISTERED NUMBER: 10972202 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

MAGGIE & ME LIMITED

MAGGIE & ME LIMITED (REGISTERED NUMBER: 10972202)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAGGIE & ME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Mrs V E J Slotover
T J H Slotover





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 10972202 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

MAGGIE & ME LIMITED (REGISTERED NUMBER: 10972202)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 63,844 64,472
63,844 64,472

CURRENT ASSETS
Debtors 6 233 140
Cash at bank 278,948 180,732
279,181 180,872
CREDITORS
Amounts falling due within one year 7 (23,717 ) (6,808 )
NET CURRENT ASSETS 255,464 174,064
TOTAL ASSETS LESS CURRENT
LIABILITIES

319,308

238,536

PROVISIONS FOR LIABILITIES (845 ) (2,042 )
NET ASSETS 318,463 236,494

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 318,363 236,394
SHAREHOLDERS' FUNDS 318,463 236,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

MAGGIE & ME LIMITED (REGISTERED NUMBER: 10972202)

BALANCE SHEET - continued
31 MAY 2023


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 4 January 2024 and were signed on its behalf by:




T J H Slotover - Director



Mrs V E J Slotover - Director


MAGGIE & ME LIMITED (REGISTERED NUMBER: 10972202)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Maggie & Me 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 as modified by the revaluation of certain assets.

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

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

Computer equipment: 50% on cost

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments
Fixed asset investments are shown at fair value at the year end.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

MAGGIE & ME LIMITED (REGISTERED NUMBER: 10972202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2022
and 31 May 2023 1,534
DEPRECIATION
At 1 June 2022
and 31 May 2023 1,534
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 -

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 June 2022 64,472
Additions 27,288
Disposals (20,552 )
Revaluations (7,364 )
At 31 May 2023 63,844
NET BOOK VALUE
At 31 May 2023 63,844
At 31 May 2022 64,472

Cost or valuation at 31 May 2023 is represented by:

Listed
investments
£   
Valuation in 2021 11,550
Valuation in 2022 (805 )
Valuation in 2023 (7,364 )
Cost 60,463
63,844

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 233 -
Other debtors - 140
233 140

MAGGIE & ME LIMITED (REGISTERED NUMBER: 10972202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Taxation and social security 22,617 5,708
Other creditors 1,100 1,100
23,717 6,808

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary £1 100 100