Company Registration No. 09430698 (England and Wales)
MAAYAN LTD
Unaudited accounts
for the year ended 29 February 2024
MAAYAN LTD
Unaudited accounts
Contents
MAAYAN LTD
Company Information
for the year ended 29 February 2024
Directors
Lubna Saeed
Lubna Saeed
Company Number
09430698 (England and Wales)
Registered Office
1 BRINDLEY AVENUE
BIRMINGHAM
WEST MIDLANDS
B16 0QD
ENGLAND
Accountants
Tax Accountant | Specialist Tax Consultancy
3 Brindley Place
Birmingham
West Midlands
B1 2JB
MAAYAN LTD
Statement of financial position
as at 29 February 2024
Tangible assets
1,407
1,564
Cash at bank and in hand
9,785
15,720
Creditors: amounts falling due within one year
(33,433)
(26,432)
Net current liabilities
(13,258)
(10,712)
Net liabilities
(6,851)
(4,148)
Called up share capital
1
1
Profit and loss account
(6,852)
(4,149)
Shareholders' funds
(6,851)
(4,148)
For the year ending 29 February 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 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 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 of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Lubna Saeed
Director
Company Registration No. 09430698
MAAYAN LTD
Notes to the Accounts
for the year ended 29 February 2024
MAAYAN LTD is a private company, limited by shares, registered in England and Wales, registration number 09430698. The registered office is 1 BRINDLEY AVENUE, BIRMINGHAM, WEST MIDLANDS, B16 0QD, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
10% Reducing Balance
Fixtures & fittings
10% Reducing Balance
Computer equipment
10% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
1,490
1,000
1,200
3,690
At 29 February 2024
1,490
1,000
1,200
3,690
At 1 March 2023
850
592
684
2,126
Charge for the year
64
41
52
157
At 29 February 2024
914
633
736
2,283
At 29 February 2024
576
367
464
1,407
At 28 February 2023
640
408
516
1,564
MAAYAN LTD
Notes to the Accounts
for the year ended 29 February 2024
5
Investments
Other investments
Valuation at 1 March 2023
5,000
Valuation at 29 February 2024
5,000
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
22,620
17,783
Other creditors
10,813
8,649
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).