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REGISTERED NUMBER: SC091838 (Scotland)


















Financial Statements for the Year Ended 31 March 2024

for

MAYWOOD REPRODUCTIONS LIMITED

MAYWOOD REPRODUCTIONS LIMITED (REGISTERED NUMBER: SC091838)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

MAYWOOD REPRODUCTIONS LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs L J W Ryan





SECRETARY: Mrs L J W Ryan





REGISTERED OFFICE: 13 Hope Street
Lanark
ML11 7NL





REGISTERED NUMBER: SC091838 (Scotland)





ACCOUNTANTS: G O Thomson & Co
Chartered Accountants
13 Hope Street
Lanark
ML11 7NL

MAYWOOD REPRODUCTIONS LIMITED (REGISTERED NUMBER: SC091838)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 5,462

CURRENT ASSETS
Stocks 1,797 128,990
Debtors 5 53 2,405
Cash at bank 915 294
2,765 131,689
CREDITORS
Amounts falling due within one year 6 316,995 319,340
NET CURRENT LIABILITIES (314,230 ) (187,651 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(314,230

)

(182,189

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (315,230 ) (183,189 )
SHAREHOLDERS' FUNDS (314,230 ) (182,189 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2024 and were signed by:





Mrs L J W Ryan - Director


MAYWOOD REPRODUCTIONS LIMITED (REGISTERED NUMBER: SC091838)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Maywood Reproductions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 April 2023 12,945
Disposals (12,945 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 7,483
Eliminated on disposal (7,483 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 5,462

MAYWOOD REPRODUCTIONS LIMITED (REGISTERED NUMBER: SC091838)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 53 125
Prepayments - 2,280
53 2,405

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 316,363 318,107
Accrued expenses 632 1,233
316,995 319,340

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs L J W Ryan.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Maywood Reproductions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Maywood Reproductions Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Maywood Reproductions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Maywood Reproductions Limited and state those matters that we have agreed to state to the director of Maywood Reproductions Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Maywood Reproductions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Maywood Reproductions Limited. You consider that Maywood Reproductions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Maywood Reproductions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






G O Thomson & Co
Chartered Accountants
13 Hope Street
Lanark
ML11 7NL


11 November 2024