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REGISTERED NUMBER: 03454548 (England and Wales)














MAPLE AION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023






MAPLE AION LIMITED (REGISTERED NUMBER: 03454548)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAPLE AION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTORS: T H Davies
Mrs L M Davies



SECRETARY: Mrs L M Davies



REGISTERED OFFICE: Beauchamp House
402-403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG



REGISTERED NUMBER: 03454548 (England and Wales)



BANKERS: Bank of Scotland
55 Temple Row
Birmingham
B2 5LS

MAPLE AION LIMITED (REGISTERED NUMBER: 03454548)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 116,610 137,980

CURRENT ASSETS
Debtors 5 1,091,974 1,071,306
Cash in hand 82 -
1,092,056 1,071,306
CREDITORS
Amounts falling due within one year 6 959,808 902,352
NET CURRENT ASSETS 132,248 168,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,858

306,934

CREDITORS
Amounts falling due after more than one
year

7

(90,943

)

(133,519

)

PROVISIONS FOR LIABILITIES 9 (26,261 ) (26,216 )
NET ASSETS 131,654 147,199

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 130,654 146,199
SHAREHOLDERS' FUNDS 131,654 147,199

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

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

MAPLE AION LIMITED (REGISTERED NUMBER: 03454548)

BALANCE SHEET - continued
31ST 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 Board of Directors and authorised for issue on 16th July 2024 and were signed on its behalf by:





T H Davies - Director


MAPLE AION LIMITED (REGISTERED NUMBER: 03454548)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023

1. STATUTORY INFORMATION

Maple Aion 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 invoiced sale of goods,excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 50% on cost
Motor vehicles - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 6 ) .

MAPLE AION LIMITED (REGISTERED NUMBER: 03454548)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1st November 2022 151,935 5,061 210,548 367,544
Additions 4,500 308 12,995 17,803
At 31st October 2023 156,435 5,369 223,543 385,347
DEPRECIATION
At 1st November 2022 102,757 2,676 124,131 229,564
Charge for year 13,422 898 24,853 39,173
At 31st October 2023 116,179 3,574 148,984 268,737
NET BOOK VALUE
At 31st October 2023 40,256 1,795 74,559 116,610
At 31st October 2022 49,178 2,385 86,417 137,980

The net book value of tangible fixed assets includes £ 15,035 (2022 - £ 24,411 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 875,695 853,167
Amounts recoverable on contract 47,598 54,259
Other debtors 4,400 -
Rock estates 4,140 4,140
Maple Bewdley 150,591 150,591
Prepayments 9,550 9,149
1,091,974 1,071,306

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 47,800 43,336
Hire purchase contracts 6,576 11,688
Trade creditors 230,218 251,143
Amounts owed to group undertakings 456,543 176,989
Tax 55,567 13,249
Social security and other taxes 142,115 124,762
Other creditors 20,989 9,529
Accruals and deferred income - 271,656
959,808 902,352

MAPLE AION LIMITED (REGISTERED NUMBER: 03454548)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans 81,000 117,000
Hire purchase contracts 9,943 16,519
90,943 133,519

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£ £
Bank overdrafts 11,800 7,336
Bank loans 117,000 153,000
Hire purchase contracts 16,519 28,207
145,319 188,543

The hire purchase contracts are secured over the assets they relate to.

9. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax 26,261 26,216

Deferred tax
£
Balance at 1st November 2022 26,216
Provided during year 45
Balance at 31st October 2023 26,261

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1,000 Ordinary £1 1,000 1,000

11. RELATED PARTY DISCLOSURES

Maple Aion Limited is a wholly owned subsidiary of Maple Construction Group Limited.

During the year management charges of £80,000 (2022 - £80,000) and dividends of £175,000 (2022 - £60,000l) were paid from Maple Aion Limited to it's parent company Maple Construction Group Limited.