Company Registration No. 10680806 (England and Wales)
May May (2017) Ltd
Unaudited accounts
for the year ended 31 March 2024
May May (2017) Ltd
Unaudited accounts
Contents
May May (2017) Ltd
Company Information
for the year ended 31 March 2024
Company Number
10680806 (England and Wales)
Registered Office
30 ST. BOTOLPHS STREET
COLCHESTER
CO2 7EA
ENGLAND
Accountants
Jie Wang ACCA Chartered Certified Accountant
28 Friars Street
Sudbury
Suffolk
CO10 2AA
May May (2017) Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
46,201
36,192
Cash at bank and in hand
17,266
44,273
Creditors: amounts falling due within one year
(54,252)
(50,298)
Net current assets
627
34,652
Total assets less current liabilities
46,828
70,844
Creditors: amounts falling due after more than one year
(23,333)
(33,333)
Called up share capital
1
1
Profit and loss account
23,494
37,510
Shareholders' funds
23,495
37,511
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 13 November 2024 and were signed on its behalf by
Wing Fai Cheung
Director
Company Registration No. 10680806
May May (2017) Ltd
Notes to the Accounts
for the year ended 31 March 2024
May May (2017) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10680806. The registered office is 30 ST. BOTOLPHS STREET, COLCHESTER, CO2 7EA, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
17,095
44,362
61,457
At 31 March 2024
17,095
64,512
81,607
At 1 April 2023
3,077
22,188
25,265
Charge for the year
2,523
7,618
10,141
At 31 March 2024
5,600
29,806
35,406
At 31 March 2024
11,495
34,706
46,201
At 31 March 2023
14,018
22,174
36,192
Amounts falling due within one year
Accrued income and prepayments
-
1,965
May May (2017) Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
38,135
48,722
Taxes and social security
3,117
1,576
Proposed dividends
13,000
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 6).