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REGISTERED NUMBER: 07420093 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Maxse Communications Limited

Maxse Communications Limited (Registered number: 07420093)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maxse Communications Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr J J I Maxse





REGISTERED OFFICE: 2 Cecil Lodge
Falmouth Avenue
Newmarket
Suffolk
CB8 0GZ





REGISTERED NUMBER: 07420093 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
Bennett House
The Dean
Alresford
Hampshire
SO24 9BH

Maxse Communications Limited (Registered number: 07420093)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,691 12,591

CURRENT ASSETS
Debtors 5 16,978 15,566
Cash at bank 143,806 148,517
160,784 164,083
CREDITORS
Amounts falling due within one year 6 12,023 9,269
NET CURRENT ASSETS 148,761 154,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,452

167,405

CREDITORS
Amounts falling due after more than one
year

7

7,658

9,838
NET ASSETS 151,794 157,567

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 151,793 157,566
SHAREHOLDERS' FUNDS 151,794 157,567

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Maxse Communications Limited (Registered number: 07420093)

Balance Sheet - continued
31 October 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 director and authorised for issue on 8 April 2024 and were signed by:





Mr J J I Maxse - Director


Maxse Communications Limited (Registered number: 07420093)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Maxse Communications 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.

Turnover
Turnover represents net services provided as adjusted under the rules of the VAT flat rate scheme.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 15% reducing balance basis
Computer equipment - 33% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Maxse Communications Limited (Registered number: 07420093)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 20,480 3,207 23,687
Disposals - (1,758 ) (1,758 )
At 31 October 2023 20,480 1,449 21,929
DEPRECIATION
At 1 November 2022 7,903 3,193 11,096
Charge for year 1,886 14 1,900
Eliminated on disposal - (1,758 ) (1,758 )
At 31 October 2023 9,789 1,449 11,238
NET BOOK VALUE
At 31 October 2023 10,691 - 10,691
At 31 October 2022 12,577 14 12,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,737 2,581
Deferred tax asset 1,416 1,339
Accrued income 3,825 11,646
16,978 15,566

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 2,181 2,181
Trade creditors 77 81
Corporation tax 4,323 3,549
Social security and other taxes 226 226
VAT 3,496 1,121
Other creditors 10 744
Directors' current accounts 372 89
Accrued expenses 1,338 1,278
12,023 9,269

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 7,658 9,838

Maxse Communications Limited (Registered number: 07420093)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. DEFERRED TAX
£   
Balance at 1 November 2022 (1,339 )
Accelerated capital allowances (77 )
Balance at 31 October 2023 (1,416 )

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

10. RELATED PARTY DISCLOSURES

Mr J J I Maxse
A director and shareholder of the company

During the year dividends of £23,500 (2022: £26,750) were paid to the director.

2023 2022
£    £   
Amount due to related party at the balance sheet date 372 89

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J J I Maxse as the sole shareholder of the company.