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REGISTERED NUMBER: 07378386 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Maplle Corp Limited

Maplle Corp Limited (Registered number: 07378386)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Maplle Corp Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: M Iftikhar
M Rafiq





REGISTERED OFFICE: Mantra House
South Street
Keighley
BD21 1SX





REGISTERED NUMBER: 07378386 (England and Wales)






Maplle Corp Limited (Registered number: 07378386)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 37,405 41,142

CURRENT ASSETS
Stocks 262,645 237,694
Debtors 6 76,728 64,472
Cash at bank 1,560 699
340,933 302,865
CREDITORS
Amounts falling due within one year 7 (404,057 ) (349,091 )
NET CURRENT LIABILITIES (63,124 ) (46,226 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,719

)

(5,084

)

CREDITORS
Amounts falling due after more than one
year

8

(41,170

)

(41,170

)
NET LIABILITIES (66,889 ) (46,254 )

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (66,891 ) (46,256 )
SHAREHOLDERS' FUNDS (66,889 ) (46,254 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

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 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 Statement of Income and Retained Earnings has not been delivered.

Maplle Corp Limited (Registered number: 07378386)

Statement of Financial Position - continued
31 October 2023



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:





M Iftikhar - Director


Maplle Corp Limited (Registered number: 07378386)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Maplle Corp 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis and the directors have pledged their continued support for the foreseeable future.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Maplle Corp Limited (Registered number: 07378386)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 65,485 3,123 68,608
Additions 7,504 1,583 9,087
At 31 October 2023 72,989 4,706 77,695
DEPRECIATION
At 1 November 2022 26,400 1,066 27,466
Charge for year 11,647 1,177 12,824
At 31 October 2023 38,047 2,243 40,290
NET BOOK VALUE
At 31 October 2023 34,942 2,463 37,405
At 31 October 2022 39,085 2,057 41,142

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,330 -
Amounts owed by group undertakings 60,515 42,165
Other debtors 10,000 -
VAT 4,883 22,307
76,728 64,472

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 20,000
Trade creditors 1,200 13,794
Directors' current accounts 390,607 311,922
Deferred government grants 2,250 3,375
404,057 349,091

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 31,170 31,170
41,170 41,170

Maplle Corp Limited (Registered number: 07378386)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary 1 2 2

10. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr Iftikhar and Mr Rafiq the shareholders.