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REGISTERED NUMBER: 11057195 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

MAXILLEO LIMITED
TRADING AS
PATRICK JAMES PROPERTY CONSULTANTS

MAXILLEO LIMITED (REGISTERED NUMBER: 11057195)
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAXILLEO LIMITED
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: N P Price





REGISTERED OFFICE: c/o CBHC Ltd, Suite 3
First Floor
Church Lane
Chelmsford
Essex
CM1 1NH





REGISTERED NUMBER: 11057195 (England and Wales)





ACCOUNTANTS: CBHC Limited
Suite 3, Steeple House
Church Lane
Chelmsford
Essex
CM1 1NH

MAXILLEO LIMITED (REGISTERED NUMBER: 11057195)
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,257 2,028

CURRENT ASSETS
Debtors 5 1,524 18,935
Cash at bank 280 1,289
1,804 20,224
CREDITORS
Amounts falling due within one year 6 56,847 48,571
NET CURRENT LIABILITIES (55,043 ) (28,347 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(53,786

)

(26,319

)

CREDITORS
Amounts falling due after more than one year 7 11,157 10,165
NET LIABILITIES (64,943 ) (36,484 )

CAPITAL AND RESERVES
Called up share capital 100 600
Retained earnings (65,043 ) (37,084 )
SHAREHOLDERS' FUNDS (64,943 ) (36,484 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

MAXILLEO LIMITED (REGISTERED NUMBER: 11057195)
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

BALANCE SHEET - continued
30 NOVEMBER 2023


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 28 January 2025 and were signed by:





N P Price - Director


MAXILLEO LIMITED (REGISTERED NUMBER: 11057195)
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Maxilleo Limited 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.
Plant and machinery etc - 33% on cost and 15% on reducing balance

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.

Going concern
The financial statements have been prepared on a going concern basis, despite the company having net liabilities exceeding its assets as at 30th November 2023. Management has assessed that the company will continue to operate for the next 12 months due to ongoing support from the director and efforts to manage and restructure debt.

While a material uncertainty exists, management is confident that the company can meet its obligations and continue trading. The financial statements do not include adjustments if the company were unable to continue as a going concern.

MAXILLEO LIMITED (REGISTERED NUMBER: 11057195)
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 6,512
Disposals (1,353 )
At 30 November 2023 5,159
DEPRECIATION
At 1 December 2022 4,484
Charge for year 771
Eliminated on disposal (1,353 )
At 30 November 2023 3,902
NET BOOK VALUE
At 30 November 2023 1,257
At 30 November 2022 2,028

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Other debtors 1,524 18,935

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 282 1,743
Taxation and social security 5,417 4,890
Other creditors 51,148 41,938
56,847 48,571

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£    £   
Bank loans 11,157 10,165

MAXILLEO LIMITED (REGISTERED NUMBER: 11057195)
TRADING AS PATRICK JAMES PROPERTY CONSULTANTS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date N Price owed the company £NIL (2022: £17,411).

9. RELATED PARTY DISCLOSURES

At the date of the balance sheet the company owed £28,802 (2022: £24,021) to Price & Price Ltd. A company which the director has an interest.