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
MAITLAND RETAIL LIMITED
Company Information
for the period from 22 February 2023 to 29 February 2024
Company Number
SC759833 (Scotland)
Registered Office
18 WEST MAITLAND STREET
EDINBURGH
EH12 5EA
SCOTLAND
Accountants
CM Accountants
142A FERRY ROAD
EDINBURGH
EH6 4NX
MAITLAND RETAIL LIMITED
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
52,221
Creditors: amounts falling due within one year
(18,887)
Total assets less current liabilities
103,834
Creditors: amounts falling due after more than one year
(68,200)
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
MAITLAND RETAIL LIMITED
Notes to the Accounts
for the period from 22 February 2023 to 29 February 2024
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.
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.
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
At 29 February 2024
10,000
Charge for the period
2,000
5
Creditors: amounts falling due within one year
2024
Taxes and social security
6,459
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
68,200
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.