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Company Registration No. 11731871 (England and Wales)
Maple Build Ltd Unaudited accounts for the year ended 31 October 2023
Maple Build Ltd Unaudited accounts Contents
Page
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Maple Build Ltd Company Information for the year ended 31 October 2023
Directors
Ryan P Wells Georgia J Lynch
Company Number
11731871 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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Maple Build Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,222,879 
1,584,383 
Current assets
Debtors
20,000 
20,000 
Cash at bank and in hand
5,405 
31,791 
25,405 
51,791 
Creditors: amounts falling due within one year
(327,558)
(693,037)
Net current liabilities
(302,153)
(641,246)
Total assets less current liabilities
920,726 
943,137 
Creditors: amounts falling due after more than one year
(237,981)
(242,981)
Provisions for liabilities
Deferred tax
(126,338)
(126,338)
Net assets
556,407 
573,818 
Capital and reserves
Called up share capital
20 
20 
Revaluation reserve
538,601 
538,601 
Capital redemption reserve
(538,601)
(538,601)
Profit and loss account
556,387 
573,798 
Shareholders' funds
556,407 
573,818 
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Ryan P Wells Director Company Registration No. 11731871
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Maple Build Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Maple Build Ltd is a private company, limited by shares, registered in England and Wales, registration number 11731871. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Maple Build Ltd Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
1,580,770 
9,485 
1,590,255 
Disposals
(360,300)
- 
(360,300)
At 31 October 2023
1,220,470 
9,485 
1,229,955 
Depreciation
At 1 November 2022
- 
5,872 
5,872 
Charge for the year
- 
1,204 
1,204 
At 31 October 2023
- 
7,076 
7,076 
Net book value
At 31 October 2023
1,220,470 
2,409 
1,222,879 
At 31 October 2022
1,580,770 
3,613 
1,584,383 
The investment property was valued during the year by the directors of the company on an open market basis. If the investment property had been included on a historical cost basis, the carrying amount would be £1,758,598.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
20,000 
20,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
Taxes and social security
- 
3,779 
Other creditors
322,558 
684,258 
327,558 
693,037 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
237,981 
242,981 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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