1 April 2023 false No description of principal activity Taxfiler 2024.6 SC592893business:PrivateLimitedCompanyLtd2023-04-012024-03-31 SC5928932023-03-31 SC5928932023-04-012024-03-31 SC592893business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 SC592893business:FilletedAccounts2023-04-012024-03-31 SC5928932024-03-31 SC592893business:Director12023-04-012024-03-31 SC592893business:RegisteredOffice2023-04-012024-03-31 SC5928932023-03-31 SC592893core:WithinOneYear2024-03-31 SC592893core:WithinOneYear2023-03-31 SC592893core:AfterOneYear2024-03-31 SC592893core:AfterOneYear2023-03-31 SC592893core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC592893core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC592893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC592893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC592893core:PreviouslyStatedAmount2024-03-31 SC592893core:PreviouslyStatedAmount2023-03-31 SC592893business:SmallEntities2023-04-012024-03-31 SC592893countries:Scotland2023-04-012024-03-31 SC5928932022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC592893 (Scotland)
MAF Investment Ltd Unaudited accounts for the year ended 31 March 2024
MAF Investment Ltd Unaudited accounts Contents
Page
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MAF Investment Ltd Company Information for the year ended 31 March 2024
Director
Mr M Flynn
Company Number
SC592893 (Scotland)
Registered Office
3G International House Stanley Boulevard Glasgow G72 0BN Scotland
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MAF Investment Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
300,000 
300,000 
Current assets
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)
Net assets
52,483 
53,317 
Capital and reserves
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
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MAF Investment Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Accruals
6,500 
5,750 
213,997 
203,247 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,279 
48,139 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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