MAYDAY ASSISTANCE LIMITED

Company Registration Number:
05928173 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

MAYDAY ASSISTANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MAYDAY ASSISTANCE LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

International liason and repatriation services



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

C M Huffer
R P Warburton


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 April 2024

And signed on behalf of the board by:
Name: C M Huffer
Status: Director

MAYDAY ASSISTANCE LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 14,715,847 10,070,200
Cost of sales: ( 12,729,289 ) ( 8,150,100 )
Gross profit(or loss): 1,986,558 1,920,100
Distribution costs: ( 21,645 ) 0
Administrative expenses: ( 1,337,390 ) ( 895,581 )
Operating profit(or loss): 627,523 1,024,519
Interest receivable and similar income: 14,412
Interest payable and similar charges: ( 6,251 )
Profit(or loss) before tax: 641,935 1,018,268
Tax: ( 149,000 ) ( 1,384 )
Profit(or loss) for the financial year: 492,935 1,016,884

MAYDAY ASSISTANCE LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 128,646 160,808
Total fixed assets: 128,646 160,808
Current assets
Stocks: 4 1,673,767 1,618,100
Debtors: 5 1,178,000 1,696,500
Cash at bank and in hand: 247,122 491,500
Total current assets: 3,098,889 3,806,100
Creditors: amounts falling due within one year: 6 ( 1,962,069 ) ( 3,346,792 )
Net current assets (liabilities): 1,136,820 459,308
Total assets less current liabilities: 1,265,466 620,116
Creditors: amounts falling due after more than one year: 7 ( 378,000 ) ( 225,585 )
Total net assets (liabilities): 887,466 394,531
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 887,366 394,431
Total Shareholders' funds: 887,466 394,531

The notes form part of these financial statements

MAYDAY ASSISTANCE LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 3 April 2024
and signed on behalf of the board by:

Name: C M Huffer
Status: Director

The notes form part of these financial statements

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    consideration received or receivable

    Tangible fixed assets depreciation policy

    depreciation charged over useful life

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 11 9

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 390,367 390,367
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2023 390,367 390,367
Depreciation
At 1 January 2023 229,559 229,559
Charge for year 32,162 32,162
On disposals 0 0
Other adjustments 0 0
At 31 December 2023 261,721 261,721
Net book value
At 31 December 2023 128,646 128,646
At 31 December 2022 160,808 160,808

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 1,673,767 1,618,100
Payments on account 0 0
Total 1,673,767 1,618,100

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,178,000 1,696,500
Total 1,178,000 1,696,500

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,603,269 2,578,453
Taxation and social security 242,000 55,984
Other creditors 116,800 712,355
Total 1,962,069 3,346,792

MAYDAY ASSISTANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 378,000 225,585
Total 378,000 225,585