MAY TEXTILE LTD

Company Registration Number:
08880515 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

MAY TEXTILE LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

MAY TEXTILE LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 3,479 2,296
Total fixed assets: 3,479 2,296
Current assets
Stocks: 201,684 198,516
Debtors:   119,998 108,428
Cash at bank and in hand: 680,661 920,277
Total current assets: 1,002,343 1,227,221
Creditors: amounts falling due within one year:   (376,947) (648,250)
Net current assets (liabilities): 625,396 578,971
Total assets less current liabilities: 628,875 581,267
Creditors: amounts falling due after more than one year:     (7,200)
Total net assets (liabilities): 628,875 574,067
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 628,775 573,967
Shareholders funds: 628,875 574,067

The notes form part of these financial statements

MAY TEXTILE LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Haroon Yasin
Status: Director

The notes form part of these financial statements

MAY TEXTILE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAY TEXTILE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

MAY TEXTILE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 10,807
Additions 1,947
At 28 February 2024 12,754
Depreciation
At 01 March 2023 8,511
Charge for year 764
At 28 February 2024 9,275
Net book value
At 28 February 2024 3,479
At 28 February 2023 2,296