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REGISTERED NUMBER: 11928537 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MAE-LOUIS HOLDINGS LIMITED

MAE-LOUIS HOLDINGS LIMITED (REGISTERED NUMBER: 11928537)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAE-LOUIS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr L Jordan
Mrs N L Jordan





REGISTERED OFFICE: 7 Quayside Commerce Centre
Lower Quay
Fareham
Hampshire
PO16 0XR





REGISTERED NUMBER: 11928537 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

MAE-LOUIS HOLDINGS LIMITED (REGISTERED NUMBER: 11928537)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 125,000

CURRENT ASSETS
Debtors 5 - 108,883
Cash at bank 315 31,680
315 140,563
CREDITORS
Amounts falling due within one year 6 781 36,166
NET CURRENT (LIABILITIES)/ASSETS (466 ) 104,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

(466

)

229,397

CREDITORS
Amounts falling due after more than one
year

7

-

104,297
NET (LIABILITIES)/ASSETS (466 ) 125,100

CAPITAL AND RESERVES
Called up share capital 125,100 125,100
Retained earnings (125,566 ) -
(466 ) 125,100

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 directors acknowledge their 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.

MAE-LOUIS HOLDINGS LIMITED (REGISTERED NUMBER: 11928537)

BALANCE SHEET - continued
31 MARCH 2024


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 and authorised for issue by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:





Mr L Jordan - Director


MAE-LOUIS HOLDINGS LIMITED (REGISTERED NUMBER: 11928537)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Mae-Louis Holdings Limited is a private company, limited by shares , registered in England and Wales. 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.

The company ceased to trade during the period and the accounts are therefore not prepared on a going concern basis.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MAE-LOUIS HOLDINGS LIMITED (REGISTERED NUMBER: 11928537)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 125,000
Impairments (125,000 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 125,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings - 105,772
Prepayments - 3,111
- 108,883

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 28 28
Other creditors - 35,869
Accrued expenses 753 269
781 36,166

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors - 104,297

8. RELATED PARTY DISCLOSURES

The aggregate amount owed by group undertakings at the balance sheet date was £Nil (2023: owed from £105,772).

During the period the company invoiced £19,500 (2023: £20,937) to it's wholly owned subsidiary Endurance Wealth Limited for management charges.

During the period the company received £22,000 (2023: £31,200) in dividends from it's wholly owned subsidiary Endurance Wealth Limited.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr L Jordan.