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REGISTERED NUMBER: 07560384 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Mavicom Ltd

Mavicom Ltd (Registered number: 07560384)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mavicom Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs E Alford
R G Alford





REGISTERED OFFICE: 4 Conical Corner
Enfield
Middlesex
EN2 6SL





REGISTERED NUMBER: 07560384 (England and Wales)





ACCOUNTANTS: The Hughes Consultancy
1 Golden Court
Richmond
Surrey
TW9 1EU

Mavicom Ltd (Registered number: 07560384)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 349,579 349,588

CURRENT ASSETS
Debtors 5 1,206 1,206
Cash at bank 2,849 93,075
4,055 94,281
CREDITORS
Amounts falling due within one year 6 154,876 258,949
NET CURRENT LIABILITIES (150,821 ) (164,668 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,758

184,920

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 198,756 184,918
SHAREHOLDERS' FUNDS 198,758 184,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:





R G Alford - Director


Mavicom Ltd (Registered number: 07560384)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Mavicom Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Mavicom Ltd (Registered number: 07560384)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 349,555 1,040 350,595
DEPRECIATION
At 1 April 2023 - 1,007 1,007
Charge for year - 9 9
At 31 March 2024 - 1,016 1,016
NET BOOK VALUE
At 31 March 2024 349,555 24 349,579
At 31 March 2023 349,555 33 349,588

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,206 1,206

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (2 ) (1 )
Taxation and social security 3,242 14,285
Other creditors 151,636 244,665
154,876 258,949