IRIS Accounts Production v24.3.2.46 11292954 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112929542023-04-30112929542024-04-30112929542023-05-012024-04-30112929542022-04-30112929542022-05-012023-04-30112929542023-04-3011292954ns15:EnglandWales2023-05-012024-04-3011292954ns14:PoundSterling2023-05-012024-04-3011292954ns10:Director12023-05-012024-04-3011292954ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011292954ns10:SmallEntities2023-05-012024-04-3011292954ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011292954ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011292954ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011292954ns10:FullAccounts2023-05-012024-04-3011292954ns10:RegisteredOffice2023-05-012024-04-3011292954ns5:CurrentFinancialInstruments2024-04-3011292954ns5:CurrentFinancialInstruments2023-04-3011292954ns5:Non-currentFinancialInstruments2024-04-3011292954ns5:Non-currentFinancialInstruments2023-04-3011292954ns5:ShareCapital2024-04-3011292954ns5:ShareCapital2023-04-3011292954ns5:FurtherSpecificReserve3ComponentTotalEquity2024-04-3011292954ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-3011292954ns5:RetainedEarningsAccumulatedLosses2024-04-3011292954ns5:RetainedEarningsAccumulatedLosses2023-04-3011292954ns5:LandBuildings2023-04-3011292954ns5:LandBuildings2024-04-3011292954ns5:LandBuildings2023-04-3011292954ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011292954ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3011292954ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-04-3011292954ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-04-3011292954ns5:Secured2024-04-3011292954ns5:Secured2023-04-3011292954ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-30
REGISTERED NUMBER: 11292954 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

MAPLE LEAF LETTINGS LTD

MAPLE LEAF LETTINGS LTD (REGISTERED NUMBER: 11292954)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAPLE LEAF LETTINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S D Townsend





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 11292954 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

MAPLE LEAF LETTINGS LTD (REGISTERED NUMBER: 11292954)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 400,000 400,000

CURRENT ASSETS
Debtors 5 287,889 287,886
Cash at bank 4,155 7,046
292,044 294,932
CREDITORS
Amounts falling due within one year 6 201,527 208,366
NET CURRENT ASSETS 90,517 86,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

490,517

486,566

CREDITORS
Amounts falling due after more than one
year

7

(289,746

)

(289,746

)

PROVISIONS FOR LIABILITIES (33,268 ) (33,268 )
NET ASSETS 167,503 163,552

CAPITAL AND RESERVES
Called up share capital 102 102
Fair value reserve 9 141,827 141,827
Retained earnings 25,574 21,623
SHAREHOLDERS' FUNDS 167,503 163,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MAPLE LEAF LETTINGS LTD (REGISTERED NUMBER: 11292954)

BALANCE SHEET - continued
30 APRIL 2024


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 director and authorised for issue on 27 January 2025 and were signed by:





S D Townsend - Director


MAPLE LEAF LETTINGS LTD (REGISTERED NUMBER: 11292954)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Maple Leaf Lettings 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 as modified by the revaluation of certain assets.

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 400,000
NET BOOK VALUE
At 30 April 2024 400,000
At 30 April 2023 400,000

MAPLE LEAF LETTINGS LTD (REGISTERED NUMBER: 11292954)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 April 2024 is represented by:

Land and
buildings
£   
Valuation in 2020 175,095
Cost 224,905
400,000

If the property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 224,905 224,905

The was valued on a fair value basis on 30 April 2024 by Mr S Townsend .

The valuation of the property at the year end is based on recent sales data for similar properties in the immediate area and is not carried out by an independent professionally qualified valuer.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by participating interests 287,824 287,824
Other debtors 65 62
287,889 287,886

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to participating interests 198,431 204,231
Taxation and social security 853 1,991
Other creditors 2,243 2,144
201,527 208,366

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 289,746 289,746

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 289,746 289,746

MAPLE LEAF LETTINGS LTD (REGISTERED NUMBER: 11292954)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 289,746 289,746

Legal Charges

Paragon Bank PLC have a legal charge over the freehold property known as 2 Coopers Court, Hindhead, GU26 6FT. Title Number SY853724.

9. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 141,827