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REGISTERED NUMBER: 13780121 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

MAPLES TRADING LIMITED

MAPLES TRADING LIMITED (REGISTERED NUMBER: 13780121)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAPLES TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: M G Tufnell





REGISTERED OFFICE: The Maples Sutton Wood Lane
Bighton
Alresford
Hampshire
SO24 9SG





REGISTERED NUMBER: 13780121 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

MAPLES TRADING LIMITED (REGISTERED NUMBER: 13780121)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 143,430 155,072

CURRENT ASSETS
Cash at bank 17,443 24,703

CREDITORS
Amounts falling due within one year 5 102,415 102,115
NET CURRENT LIABILITIES (84,972 ) (77,412 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,458

77,660

PROVISIONS FOR LIABILITIES 9,177 9,095
NET ASSETS 49,281 68,565

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 30,033 46,275
Retained earnings 19,148 22,190
49,281 68,565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MAPLES TRADING LIMITED (REGISTERED NUMBER: 13780121)

BALANCE SHEET - continued
31ST MARCH 2024


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 director and authorised for issue on 30th September 2024 and were signed by:





M G Tufnell - Director


MAPLES TRADING LIMITED (REGISTERED NUMBER: 13780121)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Maples Trading 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Investments
Investments, where shares are publicly traded or their fair value is reliably measurable, are measured at fair value through the profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

MAPLES TRADING LIMITED (REGISTERED NUMBER: 13780121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1st April 2023 147,572 7,500 155,072
Additions - 9,500 9,500
Disposals (4,010 ) - (4,010 )
Revaluations (12,132 ) (5,000 ) (17,132 )
At 31st March 2024 131,430 12,000 143,430
NET BOOK VALUE
At 31st March 2024 131,430 12,000 143,430
At 31st March 2023 147,572 7,500 155,072

Cost or valuation at 31st March 2024 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2023 48,843 7,500 56,343
Valuation in 2024 (12,132 ) (5,000 ) (17,132 )
Cost 94,719 9,500 104,219
131,430 12,000 143,430

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 100,000 100,000
Directors' loan accounts 75 75
Accrued expenses 2,340 2,040
102,415 102,115

6. RESERVES
Fair
value
reserve
£   
At 1st April 2023 46,275
Fair value gain / loss on revaluation (17,133 )
Deferred tax on fair value gain 161
Fair value movement on disposa 730

At 31st March 2024 30,033

MAPLES TRADING LIMITED (REGISTERED NUMBER: 13780121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


7. RELATED PARTY DISCLOSURES

The director has a material interest in a company called C S Commodity Solutions Limited. During the year C S Commodity Solutions Ltd loaned the company £nil (2023 - £100,000). At the balance sheet date the amount outstanding was £100,000 (2023 - £100,000). The loan is payable on demand.