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Registered number: 08522943

MAXIM RESIDENTIAL LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
VICTOR STEWART

MAXIM RESIDENTIAL LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
MR ALAN LINTON
MRS RACHEL LINTON
MR PAUL LINTON
MRS MARIANA LINTON - Resigned 10.11.19
REGISTERED OFFICE
1 SOUTHFIELD COTTAGES
CLAY LANE
WARNINGCAMP
ARUNDEL
BN18 0QL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08522943
ACCOUNTANTS
VICTOR STEWART

MAXIM RESIDENTIAL LTD

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

MAXIM RESIDENTIAL LTD

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3584,204589,759
CURRENT ASSETS
Debtors51,8803,781
Cash at bank and in hand18,67511,379
20,55515,160
CREDITORS: Amounts falling due within one year6607,686570,704
NET CURRENT LIABILITIES(587,131)(555,544)
TOTAL ASSETS LESS CURRENT LIABILITIES(2,927)34,215
CAPITAL AND RESERVES
Called up share capital7102102
Profit and loss account(3,029)34,113
SHAREHOLDERS' FUNDS(2,927)34,215
For the year ending 31/03/2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 03/01/2025 and signed on their behalf by
.............................
MR ALAN LINTON
Director

MAXIM RESIDENTIAL LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 20%
Fixtures and Fittingsreducing balance 20%
Equipmentreducing balance 20%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. EMPLOYEES
20242023
No.No.
Average number of employees33

MAXIM RESIDENTIAL LTD

3. TANGIBLE FIXED ASSETS
Land AndCommercialFixtures
BuildingsVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/04/202363,02938,500-1,816103,345
Additions-8,0001,0106239,633
Disposals-(13,500)--(13,500)
At 31/03/202463,02933,0001,0102,43999,478
Depreciation
At 01/04/2023-7,700-8868,586
Disposals-(4,860)--(4,860)
For the year-6,1602021866,548
At 31/03/2024-9,0002021,07210,274
Net Book Amounts
At 31/03/202463,02924,0008081,36789,204
At 31/03/202363,02930,800-93094,759
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/04/2023495,000495,000
At 31/03/2024495,000495,000
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors641234
UK corporation tax-37
VAT951-
Other debtors-2,695
Prepayments288-
Directors current account-815
1,8803,781

MAXIM RESIDENTIAL LTD

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT-1,272
Directors current account313,847299,237
Directors current account269,509258,844
Directors current account10,255-
Payments received on account12,87510,401
Accruals1,200950
607,686570,704
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
98 Class 1 shares of £1 each9898
1 Class 2 shares of £1 each11
1 Class 3 shares of £1 each11
1 Class 4 shares of £1 each11
1 Class 5 shares of £1 each11
102102
New shares issued during period:
0 Class 1 shares of £1 each098
0 Class 2 shares of £1 each01
0 Class 3 shares of £1 each01
0 Class 4 shares of £1 each01
0 Class 5 shares of £1 each01