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REGISTERED NUMBER: 05396056 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MAPFH LIMITED

MAPFH LIMITED (REGISTERED NUMBER: 05396056)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAPFH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr M Hemsworth





SECRETARY: Mrs S Hemsworth





REGISTERED OFFICE: Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL





REGISTERED NUMBER: 05396056 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL

MAPFH LIMITED (REGISTERED NUMBER: 05396056)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,882 9,836

CURRENT ASSETS
Stocks 37,081 37,081
Debtors 5 11,522 6,208
Cash at bank 40,106 57,488
88,709 100,777
CREDITORS
Amounts falling due within one year 6 78,992 18,542
NET CURRENT ASSETS 9,717 82,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,599

92,071

PROVISIONS FOR LIABILITIES 7 7,124 1,386
NET ASSETS 42,475 90,685

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 41,475 89,685
SHAREHOLDERS' FUNDS 42,475 90,685

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.

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 29 January 2025 and were signed by:



Mr M Hemsworth - Director


MAPFH LIMITED (REGISTERED NUMBER: 05396056)

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

1. STATUTORY INFORMATION

MAPFH 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The nature of the company's operations and principal activity is that of an online retailer. The company's principal place of business is Portreath, Cornwall. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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 & Equipment - 25% on reducing balance, 25% on cost and Straight line over 2 years
Motor Vehicles - 25% on reducing balance and 25% on cost
Computer Equipment - 25% on cost and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MAPFH LIMITED (REGISTERED NUMBER: 05396056)

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

4. TANGIBLE FIXED ASSETS
Plant & Motor Computer
Equipment Vehicles Equipment Totals
£    £    £    £   
COST
At 1 May 2023 36,730 842 8,692 46,264
Additions 43,995 - 8,561 52,556
Disposals (13,950 ) - - (13,950 )
At 30 April 2024 66,775 842 17,253 84,870
DEPRECIATION
At 1 May 2023 28,872 842 6,714 36,428
Charge for year 11,001 - 3,662 14,663
Eliminated on disposal (6,103 ) - - (6,103 )
At 30 April 2024 33,770 842 10,376 44,988
NET BOOK VALUE
At 30 April 2024 33,005 - 6,877 39,882
At 30 April 2023 7,858 - 1,978 9,836

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other Debtors - 1,012
VAT 11,522 5,196
11,522 6,208

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade Creditors 3 1,330
Tax - 728
Directors' current accounts 76,066 13,599
Accruals 2,923 2,885
78,992 18,542

7. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred Tax 7,124 1,386

Deferred
tax
£   
Balance at 1 May 2023 1,386
Provided during year 5,738
Balance at 30 April 2024 7,124

MAPFH LIMITED (REGISTERED NUMBER: 05396056)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr and Mrs Hemsworth through out the current and previous year by virtue of their shareholding.