MA VENTURES LIMITED

Company Registration Number:
SC404927 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MA VENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

MA VENTURES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 310,663 208,119
Total fixed assets: 310,663 208,119
Current assets
Stocks: 202,342 115,229
Debtors:   157,836 118,710
Cash at bank and in hand: 79,433 98,025
Total current assets: 439,611 331,964
Creditors: amounts falling due within one year:   (104,730) (96,987)
Net current assets (liabilities): 334,881 234,977
Total assets less current liabilities: 645,544 443,096
Creditors: amounts falling due after more than one year: 4 (238,072) (193,326)
Total net assets (liabilities): 407,472 249,770
Capital and reserves
Called up share capital: 54,376 100
Share premium account: 132,498 130,777
Profit and loss account: 220,598 118,893
Shareholders funds: 407,472 249,770

The notes form part of these financial statements

MA VENTURES 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.

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 07 June 2024
and signed on behalf of the board by:

Name: MR ARMSTRONG
Status: Director

The notes form part of these financial statements

MA VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MA VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 14 14

MA VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 276,933
Additions 436,832
At 31 December 2023 713,765
Depreciation
At 01 January 2023 68,814
Charge for year 186,812
Other adjustments 147,476
At 31 December 2023 403,102
Net book value
At 31 December 2023 310,663
At 31 December 2022 208,119

MA VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

Trade creditors £44,665 Other creditors £193,407