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COMPANY REGISTRATION NUMBER: 06455592
Maximus Strategic Bromsgrove Limited
Filleted Unaudited Financial Statements
31 January 2024
Maximus Strategic Bromsgrove Limited
Financial Statements
Year ended 31st January 2024
Contents
Pages
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
3 to 4
Maximus Strategic Bromsgrove Limited
Officers and Professional Advisers
Director
Mr J Hickton
Registered office
The Estate Office
Thorngrove
Sinton Green
Worcester
Worcestershire
WR2 6NP
Accountants
Griffiths & Pegg Limited
Chartered Accountants
3 Hagley Court South
Waterfront East
Level Street
Brierley Hill
West Midlands
DY5 1XE
Maximus Strategic Bromsgrove Limited
Statement of Financial Position
31 January 2024
2024
2023
Note
£
£
Current assets
Stocks
117,832
80,068
Debtors
4
9
680
Cash at bank and in hand
571
96
---------
--------
118,412
80,844
Creditors: amounts falling due within one year
5
123,561
84,911
---------
--------
Net current liabilities
5,149
4,067
-------
-------
Total assets less current liabilities
( 5,149)
( 4,067)
-------
-------
Net liabilities
( 5,149)
( 4,067)
-------
-------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 5,151)
( 4,069)
-------
-------
Shareholders deficit
( 5,149)
( 4,067)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 14 October 2024 , and are signed on behalf of the board by:
Mr J Hickton
Director
Company registration number: 06455592
Maximus Strategic Bromsgrove Limited
Notes to the Financial Statements
Year ended 31st January 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Estate Office, Thorngrove, Sinton Green, Worcester, Worcestershire, WR2 6NP.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Debtors
2024
2023
£
£
Other debtors
9
680
----
----
5. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
4,093
Amounts owed to group undertakings and undertakings in which the company has a participating interest
118,718
84,411
Other creditors
750
500
---------
--------
123,561
84,911
---------
--------
The related company is North Oak Holdings Limited.
6. Contingencies
There were no contingent liabilities known to or anticipated by the directors at 31st January 2024 (2023 None). There were no legal actions against the company or pending.