IRIS Accounts Production v24.3.0.553 02204572 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022045722023-03-31022045722024-03-31022045722023-04-012024-03-31022045722022-03-31022045722022-04-012023-03-31022045722023-03-3102204572ns15:EnglandWales2023-04-012024-03-3102204572ns14:PoundSterling2023-04-012024-03-3102204572ns10:Director12023-04-012024-03-3102204572ns10:Director22023-04-012024-03-3102204572ns10:CompanyLimitedByGuarantee2023-04-012024-03-3102204572ns10:SmallEntities2023-04-012024-03-3102204572ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102204572ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102204572ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102204572ns10:FullAccounts2023-04-012024-03-3102204572ns10:Director32023-04-012024-03-3102204572ns10:RegisteredOffice2023-04-012024-03-3102204572ns5:CurrentFinancialInstruments2024-03-3102204572ns5:CurrentFinancialInstruments2023-03-3102204572ns5:RetainedEarningsAccumulatedLosses2024-03-3102204572ns5:RetainedEarningsAccumulatedLosses2023-03-3102204572ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3102204572ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3102204572ns5:RetainedEarningsAccumulatedLosses2023-03-3102204572ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 02204572 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Maxiunit Property Management Limited

Maxiunit Property Management Limited (Registered number: 02204572)






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


Maxiunit Property Management Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs J Powell
Mrs B A Rigby
Ms J A Wess





REGISTERED OFFICE: C/O Danielle O'Brien
Managing Estates Ltd
Riverside House, River Lane
Chester
Cheshire
CH4 8RQ





REGISTERED NUMBER: 02204572 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Maxiunit Property Management Limited (Registered number: 02204572)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 24,617 8,008
Cash at bank 33,211 19,658
57,828 27,666
CREDITORS
Amounts falling due within one year 5 21,345 725
NET CURRENT ASSETS 36,483 26,941
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,483

26,941

RESERVES
Income and expenditure account 6 36,483 26,941
7 36,483 26,941

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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:




Mrs J Powell - Director



Mrs B A Rigby - Director


Maxiunit Property Management Limited (Registered number: 02204572)

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

1. STATUTORY INFORMATION

Maxiunit Property Management Limited is a private company, limited by guarantee , 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 financial statements are presented in sterling, which is the functional currency of the company rounded to the nearest £1.

Management contribution
Management contribution represents the service charge received from flat owners.

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

Current 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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Service and other charges due 5,821 2,440
Prepayments 18,796 5,568
24,617 8,008

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Service charges paid in
advance 19,966 -
Accrued expenses 1,379 725
21,345 725

Maxiunit Property Management Limited (Registered number: 02204572)

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

6. RESERVES
Income
and
expenditure
account
£   

At 1 April 2023 26,941
Surplus for the year 9,542
At 31 March 2024 36,483

7. RECONCILIATION OF MOVEMENTS IN RESERVES
31.3.24 31.3.23
£    £   
Surplus for the financial year 9,542 14,521
Net addition to reserves 9,542 14,521
Opening reserves 26,941 12,420
Closing reserves 36,483 26,941

8. LIMITED BY GUARANTEE

The company is a private company limited by guarantee and not having a share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets in the event of a winding up.