XYZ MAPS LTD

Company Registration Number:
SC442376 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

XYZ MAPS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

XYZ MAPS LTD

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The principal activity of the company is Maps.



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

Timothy Rideout
Mark Fairbairn


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 November 2024

And signed on behalf of the board by:
Name: Timothy Rideout
Status: Director

XYZ MAPS LTD

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 161,322 174,912
Cost of sales: ( 71,101 ) ( 78,797 )
Gross profit(or loss): 90,221 96,115
Distribution costs: ( 360 ) ( 330 )
Administrative expenses: ( 88,079 ) ( 93,717 )
Operating profit(or loss): 1,782 2,068
Interest payable and similar charges: ( 388 ) ( 935 )
Profit(or loss) before tax: 1,394 1,133
Tax: ( 483 ) ( 506 )
Profit(or loss) for the financial year: 911 627

XYZ MAPS LTD

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 21,533 21,533
Tangible assets: 4 3,441 4,588
Total fixed assets: 24,974 26,121
Current assets
Stocks: 5 14,000 3,000
Debtors: 6 41,823 58,258
Cash at bank and in hand: 218 0
Total current assets: 56,041 61,258
Creditors: amounts falling due within one year: 7 ( 26,436 ) ( 29,981 )
Net current assets (liabilities): 29,605 31,277
Total assets less current liabilities: 54,579 57,398
Creditors: amounts falling due after more than one year: 8 ( 35,161 ) ( 38,891 )
Total net assets (liabilities): 19,418 18,507
Capital and reserves
Called up share capital: 25,372 25,372
Profit and loss account: (5,954 ) (6,865 )
Total Shareholders' funds: 19,418 18,507

The notes form part of these financial statements

XYZ MAPS 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.

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

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

Name: Timothy Rideout
Status: Director

The notes form part of these financial statements

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Motor Vehicles Straight line per annum Plant & Machinery Reducing Balance per annum Fixtures & Fittings Reducing Balance per annum Office Equipment Reducing Balancer per annum

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 March 2023 28,250 25,020 53,270
Additions
Disposals
Revaluations
Transfers
At 28 February 2024 28,250 25,020 53,270
Amortisation
At 1 March 2023 28,250 3,487 31,737
Charge for year
On disposals
Other adjustments
At 28 February 2024 28,250 3,487 31,737
Net book value
At 28 February 2024 0 21,533 21,533
At 28 February 2023 0 21,533 21,533

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 14,698 8,734 23,432
Additions
Disposals
Revaluations
Transfers
At 28 February 2024 14,698 8,734 23,432
Depreciation
At 1 March 2023 13,045 5,799 18,844
Charge for year 413 734 1,147
On disposals
Other adjustments
At 28 February 2024 13,458 6,533 19,991
Net book value
At 28 February 2024 1,240 2,201 3,441
At 28 February 2023 1,653 2,935 4,588

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Stocks

2024 2023
£ £
Stocks 14,000 3,000
Total 14,000 3,000

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Debtors

2024 2023
£ £
Trade debtors 27,554 44,248
Other debtors 14,269 14,010
Total 41,823 58,258

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 26,436 29,981
Total 26,436 29,981

XYZ MAPS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 35,161 38,891
Total 35,161 38,891