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REGISTERED NUMBER: SC688709 (Scotland)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

MAZEMORTGAGES.CO.UK LTD

MAZEMORTGAGES.CO.UK LTD (REGISTERED NUMBER: SC688709)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MAZEMORTGAGES.CO.UK LTD

COMPANY INFORMATION
for the year ended 29 February 2024







DIRECTORS: S Filshill
C Filshill
P Galloway





REGISTERED OFFICE: 9 Commercial Road
Leven
Fife
KY8 4LE





REGISTERED NUMBER: SC688709 (Scotland)





ACCOUNTANTS: Haines Watts
Business Advisors and Accountants
Q Court
3 Quality Street
Edinburgh
EH4 5BP

MAZEMORTGAGES.CO.UK LTD (REGISTERED NUMBER: SC688709)

STATEMENT OF FINANCIAL POSITION
29 February 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 115 261
Cash at bank 54,245 33,685
54,360 33,946
CREDITORS
Amounts falling due within one year 5 22,017 15,962
NET CURRENT ASSETS 32,343 17,984
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,343

17,984

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,243 17,884
32,343 17,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 25 October 2024 and were signed on its behalf by:





S Filshill - Director


MAZEMORTGAGES.CO.UK LTD (REGISTERED NUMBER: SC688709)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Mazemortgages.co.uk Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

TAXATION
Taxation for the year comprises current and deferred 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 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

MAZEMORTGAGES.CO.UK LTD (REGISTERED NUMBER: SC688709)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 February 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15 161
Other debtors 100 100
115 261

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 90 -
Taxation and social security 10,753 7,263
Other creditors 11,174 8,699
22,017 15,962

6. RELATED PARTY DISCLOSURES

Included in 'Other creditors' is an amount of £1,048 (2023 - £424) due to the directors from the company.
These loans are interest free and have no fixed terms of repayment.