22 February 2023 false No description of principal activity Taxfiler 2024.6 SC759833business:PrivateLimitedCompanyLtd2023-02-222024-02-29 SC7598332023-02-21 SC7598332023-02-222024-02-29 SC759833business:AuditExemptWithAccountantsReport2023-02-222024-02-29 SC759833business:FilletedAccounts2023-02-222024-02-29 SC7598332024-02-29 SC759833business:Director12023-02-222024-02-29 SC759833business:RegisteredOffice2023-02-222024-02-29 SC759833core:WithinOneYear2024-02-29 SC759833core:AfterOneYear2024-02-29 SC759833core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC759833core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC759833core:PreviouslyStatedAmount2024-02-29 SC759833business:SmallEntities2023-02-222024-02-29 SC759833countries:Scotland2023-02-222024-02-29 SC759833core:PlantMachinery2023-02-222024-02-29 SC759833core:PlantMachinery2023-02-21 SC759833core:PlantMachinery2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC759833 (Scotland)
MAITLAND RETAIL LIMITED Unaudited accounts for the period from 22 February 2023 to 29 February 2024
MAITLAND RETAIL LIMITED Unaudited accounts Contents
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MAITLAND RETAIL LIMITED Company Information for the period from 22 February 2023 to 29 February 2024
Director
Waqar AKHTAR
Company Number
SC759833 (Scotland)
Registered Office
18 WEST MAITLAND STREET EDINBURGH EH12 5EA SCOTLAND
Accountants
CM Accountants 142A FERRY ROAD EDINBURGH EH6 4NX
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MAITLAND RETAIL LIMITED Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
8,000 
Current assets
Inventories
62,500 
Cash at bank and in hand
52,221 
114,721 
Creditors: amounts falling due within one year
(18,887)
Net current assets
95,834 
Total assets less current liabilities
103,834 
Creditors: amounts falling due after more than one year
(68,200)
Net assets
35,634 
Capital and reserves
Called up share capital
100 
Profit and loss account
35,534 
Shareholders' funds
35,634 
For the period ending 29 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 19 November 2024 and were signed on its behalf by
Waqar AKHTAR Director Company Registration No. SC759833
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MAITLAND RETAIL LIMITED Notes to the Accounts for the period from 22 February 2023 to 29 February 2024
1
Statutory information
MAITLAND RETAIL LIMITED is a private company, limited by shares, registered in Scotland, registration number SC759833. The registered office is 18 WEST MAITLAND STREET, EDINBURGH, EH12 5EA, SCOTLAND.
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 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.
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 METHOD
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 22 February 2023
- 
Additions
10,000 
At 29 February 2024
10,000 
Depreciation
Charge for the period
2,000 
At 29 February 2024
2,000 
Net book value
At 29 February 2024
8,000 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
4,851 
Trade creditors
7,577 
Taxes and social security
6,459 
18,887 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Loans from directors
68,200 
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MAITLAND RETAIL LIMITED Notes to the Accounts for the period from 22 February 2023 to 29 February 2024
7
Average number of employees
During the period the average number of employees was 6.
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