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Company Registration No. 11143208 (England and Wales)
Maysim Ltd Unaudited accounts for the year ended 31 January 2024
Maysim Ltd Unaudited accounts Contents
Page
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Maysim Ltd Company Information for the year ended 31 January 2024
Directors
S M Vashishtha M Chopra
Company Number
11143208 (England and Wales)
Registered Office
C/O O'Meara Fitzmaurice & Co Brimstage Hall Brimstage Road Wirral CH63 6JA
Accountants
O'Meara Fitzmaurice & Co Brimstage Hall Brimstage Road Wirral CH63 6JA
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Maysim Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
223,792 
223,792 
Current assets
Cash at bank and in hand
215 
205 
Creditors: amounts falling due within one year
(67,510)
(65,063)
Net current liabilities
(67,295)
(64,858)
Total assets less current liabilities
156,497 
158,934 
Creditors: amounts falling due after more than one year
(158,500)
(158,500)
Net (liabilities)/assets
(2,003)
434 
Capital and reserves
Called up share capital
103 
103 
Profit and loss account
(2,106)
331 
Shareholders' funds
(2,003)
434 
For the year ending 31 January 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by
S M Vashishtha Director Company Registration No. 11143208
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Maysim Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Maysim Ltd is a private company, limited by shares, registered in England and Wales, registration number 11143208. The registered office is C/O O'Meara Fitzmaurice & Co, Brimstage Hall, Brimstage Road, Wirral, CH63 6JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
222,995 
750 
495 
224,240 
At 31 January 2024
222,995 
750 
495 
224,240 
Depreciation
At 1 February 2023
- 
270 
178 
448 
At 31 January 2024
- 
270 
178 
448 
Net book value
At 31 January 2024
222,995 
480 
317 
223,792 
At 31 January 2023
222,995 
480 
317 
223,792 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
67,510 
65,063 
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Maysim Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
158,500 
158,500 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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