1 March 2023 false Taxfiler 2024.6 09418936business:PrivateLimitedCompanyLtd2023-03-012024-02-28 094189362023-02-28 094189362023-03-012024-02-28 09418936business:AuditExemptWithAccountantsReport2023-03-012024-02-28 09418936business:FilletedAccounts2023-03-012024-02-28 094189362024-02-28 09418936business:Director12023-03-012024-02-28 09418936business:RegisteredOffice2023-03-012024-02-28 094189362023-02-28 09418936core:WithinOneYear2024-02-28 09418936core:WithinOneYear2023-02-28 09418936core:AfterOneYear2024-02-28 09418936core:AfterOneYear2023-02-28 09418936core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 09418936core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09418936core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 09418936core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09418936core:PreviouslyStatedAmount2024-02-28 09418936core:PreviouslyStatedAmount2023-02-28 09418936business:SmallEntities2023-03-012024-02-28 09418936countries:EnglandWales2023-03-012024-02-28 09418936core:PlantMachinery2023-03-012024-02-28 09418936core:FurnitureFittings2023-03-012024-02-28 09418936core:ComputerEquipment2023-03-012024-02-28 09418936core:OtherPropertyPlantEquipment2023-03-012024-02-28 09418936core:PlantMachinery2023-02-28 09418936core:FurnitureFittings2023-02-28 09418936core:ComputerEquipment2023-02-28 09418936core:PlantMachinery2024-02-28 09418936core:FurnitureFittings2024-02-28 09418936core:ComputerEquipment2024-02-28 094189362022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09418936 (England and Wales)
MAXIMUS ACCOUNTANTS LTD FINANCIAL STATEMENTS for the period from 1 March 2023 to 28 February 2024
MAXIMUS ACCOUNTANTS LTD FINANCIAL STATEMENTS Contents
Page
- 2 -
MAXIMUS ACCOUNTANTS LTD Company Information for the period from 1 March 2023 to 28 February 2024
Director
Mr Khawaja Ajmal
Company Number
09418936 (England and Wales)
Registered Office
248 CITY ROAD CARDIFF CF24 3JJ WALES
- 3 -
MAXIMUS ACCOUNTANTS LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,270 
17,827 
Current assets
Cash at bank and in hand
62,588 
52,256 
Creditors: amounts falling due within one year
(12,481)
(8,224)
Net current assets
50,107 
44,032 
Total assets less current liabilities
74,377 
61,859 
Creditors: amounts falling due after more than one year
(30,625)
(25,125)
Net assets
43,752 
36,734 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
43,652 
36,634 
Shareholders' funds
43,752 
36,734 
For the period ending 28 February 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 14 November 2024 and were signed on its behalf by
Mr Khawaja Ajmal Director Company Registration No. 09418936
- 4 -
MAXIMUS ACCOUNTANTS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
MAXIMUS ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 09418936. The registered office is 248 CITY ROAD, CARDIFF, CF24 3JJ, WALES.
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 period, 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:
Plant & machinery
20% straight line basis
Fixtures & fittings
20% straight line basis
Computer equipment
20% straight line basis
Other tangible fixed assets
20% straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
MAXIMUS ACCOUNTANTS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
917 
7,417 
19,574 
27,908 
Additions
- 
12,468 
3,500 
15,968 
At 28 February 2024
917 
19,885 
23,074 
43,876 
Depreciation
At 1 March 2023
183 
1,483 
8,415 
10,081 
Charge for the period
183 
3,977 
5,365 
9,525 
At 28 February 2024
366 
5,460 
13,780 
19,606 
Net book value
At 28 February 2024
551 
14,425 
9,294 
24,270 
At 28 February 2023
734 
5,934 
11,159 
17,827 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
12,481 
8,224 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
30,625 
25,125 
7
Average number of employees
During the period the average number of employees was 9 (2023: 9).
- 6 -