MAXIMUM POTENTIAL VENTURES LTD

Company Registration Number:
08085096 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

MAXIMUM POTENTIAL VENTURES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

MAXIMUM POTENTIAL VENTURES LTD

Balance sheet

As at 31 July 2023


Notes

2023

14 months to 31 July 2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Tangible assets: 3 18,001 24,001
Total fixed assets: 18,001 24,001
Current assets
Debtors:   67,225 57,299
Cash at bank and in hand: 30,426 34,336
Total current assets: 97,651 91,635
Creditors: amounts falling due within one year: 4 (21,988) (11,509)
Net current assets (liabilities): 75,663 80,126
Total assets less current liabilities: 93,764 104,227
Creditors: amounts falling due after more than one year: 5 (19,312) (28,985)
Total net assets (liabilities): 74,452 75,242
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 74,352 75,142
Shareholders funds: 74,452 75,242

The notes form part of these financial statements

MAXIMUM POTENTIAL VENTURES LTD

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 March 2024
and signed on behalf of the board by:

Name: Melanne Randall
Status: Director

The notes form part of these financial statements

MAXIMUM POTENTIAL VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

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

MAXIMUM POTENTIAL VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 14 months to 31 July 2022
Average number of employees during the period 17 17

MAXIMUM POTENTIAL VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 24,001
At 31 July 2023 24,001
Depreciation
At 01 August 2022 0
Charge for year 6,000
At 31 July 2023 6,000
Net book value
At 31 July 2023 18,001
At 31 July 2022 24,001

MAXIMUM POTENTIAL VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

BBL due within 1 year

MAXIMUM POTENTIAL VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

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

BBL due after 1 year