Registered Number:11897987 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
MA Web Services Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
MA Web Services Ltd
Statement of Financial Position
2023
2024
5,574
8,361
2
Property, plant and equipment |
1,847
3,797
3
7,421
12,158
Trade and other receivables |
52,331
29,625
4
88,680
Cash and cash equivalents |
130,258
159,883
141,011
Trade and other payables: amounts falling due within one |
year |
(42,655)
(54,718)
5
98,356
105,165
Net current assets
Total assets less current liabilities |
112,586
110,514
Trade and other payables: amounts falling due after more |
than one year |
(7,644)
(5,097)
6
(462)
(949)
Provisions for liabilities |
107,027
Net assets
101,921
1
1
107,026
101,920
107,027
101,921
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2024
MA Web Services Ltd
Statement of Financial Position Continued
Mr M V Alexander Director |
These financial statements were approved and authorised for issue by the Board on 04 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
MA Web Services Ltd
Notes to the Financial Statements
Statutory Information
MA Web Services Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 11897987. |
33 Chapman Avenue
Maidstone
Kent
ME15 8EN
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable excluding value added tax for digital marketing services. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a wesbite, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 March 2024
MA Web Services Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
13,935
13,935
5,574
2,787
Charge for year
8,361
5,574
8,361
3. Property, plant and equipment |
9,935
3,702
6,233
704
541
163
6,396
4,243
10,639
Provision for depreciation and impairment |
6,138
2,543
3,595
Charge for year
2,654
937
1,717
8,792
3,480
5,312
1,084
763
1,847
2,638
1,159
3,797
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For the year ended 31 March 2024
MA Web Services Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables |
2023
2024
25,806
22,148
Amounts owed by group undertakings and participating interests |
235
235
3,584
29,948
52,331
29,625
The debtors above include the following amounts falling due after more than one year: |
3,584
29,948
5. Trade and other payables: amounts falling due within one year |
2023
2024
2,780
3,012
Taxation and social security |
49,386
38,487
2,552
1,156
54,718
42,655
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
5,097
7,644
7. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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