Company Registration No. SC592893 (Scotland)
MAF Investment Ltd
Unaudited accounts
for the year ended 31 March 2024
MAF Investment Ltd
Unaudited accounts
Contents
MAF Investment Ltd
Company Information
for the year ended 31 March 2024
Company Number
SC592893 (Scotland)
Registered Office
3G International House
Stanley Boulevard
Glasgow
G72 0BN
Scotland
MAF Investment Ltd
Statement of financial position
as at 31 March 2024
Investments
300,000
300,000
Cash at bank and in hand
3,759
4,703
Creditors: amounts falling due within one year
(213,997)
(203,247)
Net current liabilities
(210,238)
(198,544)
Total assets less current liabilities
89,762
101,456
Creditors: amounts falling due after more than one year
(37,279)
(48,139)
Called up share capital
1
1
Profit and loss account
52,482
53,316
Shareholders' funds
52,483
53,317
For the year ending 31 March 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 27 December 2024 and were signed on its behalf by
Mr M Flynn
Director
Company Registration No. SC592893
MAF Investment Ltd
Notes to the Accounts
for the year ended 31 March 2024
MAF Investment Ltd is a private company, limited by shares, registered in Scotland, registration number SC592893. The registered office is 3G International House, Stanley Boulevard, Glasgow, G72 0BN, Scotland.
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.
4
Investments
Other investments
Valuation at 1 April 2023
300,000
Valuation at 31 March 2024
300,000
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
204,417
194,417
Loans from directors
3,080
3,080
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).