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Company Registration No. 07593905 (England and Wales)
M.A.E. (Southern) LTD Unaudited accounts for the year ended 30 April 2024
M.A.E. (Southern) LTD Unaudited accounts Contents
Page
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M.A.E. (Southern) LTD Company Information for the year ended 30 April 2024
Director
Mr John Daly
Company Number
07593905 (England and Wales)
Registered Office
UNIT 17 Martletts Way Goring By Sea WEST SUSSEX BN12 4HF
Accountants
Claire Leitch Accounting Services Limited 24 The Heights Findon Valley Worthing West Sussex BN14 0AJ
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M.A.E. (Southern) LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,664 
Current assets
Debtors
126,498 
139,459 
Cash at bank and in hand
64,557 
15,222 
191,055 
154,681 
Creditors: amounts falling due within one year
(91,615)
(75,144)
Net current assets
99,440 
79,537 
Total assets less current liabilities
99,440 
81,201 
Creditors: amounts falling due after more than one year
(28,980)
(34,649)
Net assets
70,460 
46,552 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
70,360 
46,452 
Shareholders' funds
70,460 
46,552 
For the year ending 30 April 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 13 August 2024 and were signed on its behalf by
Mr John Daly Director Company Registration No. 07593905
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M.A.E. (Southern) LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
M.A.E. (Southern) LTD is a private company, limited by shares, registered in England and Wales, registration number 07593905. The registered office is UNIT 17 , Martletts Way, Goring By Sea, WEST SUSSEX, BN12 4HF.
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 remained unchanged from the previous year, and also 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18
Fixtures & fittings
18
Computer equipment
18
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
40,756 
9,108 
3,273 
53,137 
At 30 April 2024
40,756 
9,108 
3,273 
53,137 
Depreciation
At 1 May 2023
40,756 
8,124 
2,593 
51,473 
Charge for the year
- 
984 
680 
1,664 
At 30 April 2024
40,756 
9,108 
3,273 
53,137 
Net book value
At 30 April 2024
- 
- 
- 
- 
At 30 April 2023
- 
984 
680 
1,664 
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M.A.E. (Southern) LTD Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
126,498 
139,459 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
15,236 
9,119 
Trade creditors
47,900 
37,574 
Taxes and social security
28,479 
13,846 
Other creditors
- 
14,605 
91,615 
75,144 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,980 
34,649 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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