REGISTERED NUMBER: |
MAXTRACK LIMITED |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
REGISTERED NUMBER: |
MAXTRACK LIMITED |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
MAXTRACK LIMITED (REGISTERED NUMBER: 05314542) |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 5 |
MAXTRACK LIMITED |
Company Information |
for the year ended 31 December 2023 |
Directors: |
Secretary: |
Registered office: |
Registered number: |
MAXTRACK LIMITED (REGISTERED NUMBER: 05314542) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Stocks |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
Provisions for liabilities | ( |
) |
Net assets |
Capital and reserves |
Called up share capital |
Capital redemption reserve |
Retained earnings |
Shareholders' funds |
MAXTRACK LIMITED (REGISTERED NUMBER: 05314542) |
Balance Sheet - continued |
31 December 2023 |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
MAXTRACK LIMITED (REGISTERED NUMBER: 05314542) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | Statutory information |
Maxtrack Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are stated on the Company Information page. |
2. | Accounting policies |
Basis of preparing the financial statements |
Depreciation |
Depreciation is charged on all assets to write them down to their estimated residual values evenly over their expected useful lives, which are five years for leasehold improvements and three years for all other assets. |
Stocks |
Stock is valued at the lower of cost and net realisable value. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Tangible fixed assets |
Motor |
Leasehold | vehicles | Equipment | Totals |
£ | £ | £ | £ |
Cost |
At 1 January 2023 |
Additions |
At 31 December 2023 |
Depreciation |
At 1 January 2023 |
Charge for year |
At 31 December 2023 |
Net book value |
At 31 December 2023 |
At 31 December 2022 |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
Prepayments |
MAXTRACK LIMITED (REGISTERED NUMBER: 05314542) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | Creditors: amounts falling due after more than one year |
2023 | 2022 |
£ | £ |
Bank loans |
Hire purchase contracts |
8. | Ultimate controlling party |
By virtue of his shareholding and directorship, Mr Mitchell-Innes is considered to be the ultimate controlling party of the Company. |