MICELMAX LIMITED

Company Registration Number:
SC593832 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MICELMAX LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

MICELMAX LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Michael Milligan
Registered office: 6-8
Wemyss Place
Edinburgh
GB-SCT
EH3 6DH
Company Registration Number: SC593832 (Scotland)

MICELMAX LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 39,253 29,021
Administrative Expenses ( 27,480 ) ( 8,986 )
Operating Profit or (Loss) 11,773 20,035
Interest Receivable and Similar Income 22,921 -
Profit or (Loss) Before Tax 34,694 20,035
Tax on Profit ( 6,600 ) ( 3,806 )
Profit or (Loss) for Period 28,094 16,229

The notes form part of these financial statements

MICELMAX LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 150,000 150,000
Tangible assets: 5 773,348 773,348
Total fixed assets: 923,348 923,348
Current assets
Cash at bank and in hand: 836,971 570,200
Total current assets: 836,971 570,200
Prepayments and accrued income: 46
Creditors: amounts falling due within one year: ( 30,954 ) ( 10,779 )
Net current assets (liabilities): 806,017 559,467
Total assets less current liabilities: 1,729,365 1,482,815
Accruals and deferred income: ( 1,350 )
Total net assets (liabilities): 1,729,365 1,481,465

The notes form part of these financial statements

MICELMAX LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,729,364 1,481,464
Shareholders funds: 1,729,365 1,481,465

For the year ending 31 March 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 August 2024
And Signed On Behalf Of The Board By:

Name: Michael Milligan
Status: Director

The notes form part of these financial statements

MICELMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

MICELMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

MICELMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

MICELMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2023 150,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 March 2024 150,000
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 March 2024 -
    Net book value
    Net book value at 31 March 2024 150,000
    Net book value at 31 March 2023 150,000

MICELMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible Assets

Total
Cost £
At 01 April 2023 773,348
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2024 773,348
Depreciation
At 01 April 2023 -
Charge for year -
On disposals -
Other adjustments -
At 31 March 2024 -
Net book value
At 31 March 2024 773,348
At 31 March 2023 773,348