Company Registration No. 09521773 (England and Wales)
Mav Solutions Ltd
Filleted accounts
for the year ended 31 March 2024
Mav Solutions Ltd
Filleted accounts
Contents
Mav Solutions Ltd
Company Information
for the year ended 31 March 2024
Directors
Shyam Mavani
Sapna Mavani
Company Number
09521773 (England and Wales)
Registered Office
43 Westdown Drive
Thurmaston
Leicestershire
LE4 8HU
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Mav Solutions Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
68,565
93,076
Creditors: amounts falling due within one year
(43,526)
(74,534)
Net current assets
30,877
18,542
Called up share capital
2
2
Profit and loss account
30,875
18,540
Shareholders' funds
30,877
18,542
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 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 13 December 2024 and were signed on its behalf by
Shyam Mavani
Director
Company Registration No. 09521773
Mav Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Mav Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09521773. The registered office is 43 Westdown Drive, Thurmaston, Leicestershire, LE4 8HU.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Accrued income and prepayments
5,838
-
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,368
10,649
Other creditors
23,008
58,704
Mav Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1
1
1 B Ordinary Shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).