MAEI GROUP LIMITED

Company Registration Number:
14849278 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 05 May 2023

End date: 31 May 2024

MAEI GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

MAEI GROUP LIMITED

Balance sheet

As at 31 May 2024


Notes

13 months to 31 May 2024


£
Called up share capital not paid: 1
Fixed assets
Intangible assets: 3 175,000
Tangible assets: 4 794,985
Investments: 5 1,795,000
Total fixed assets: 2,764,985
Current assets
Cash at bank and in hand: 276,989
Total current assets: 276,989
Net current assets (liabilities): 276,989
Total assets less current liabilities: 3,041,975
Total net assets (liabilities): 3,041,975
Capital and reserves
Called up share capital: 1
Revaluation reserve:62,589,985
Other reserves: 322,314
Profit and loss account: 129,675
Shareholders funds: 3,041,975

The notes form part of these financial statements

MAEI GROUP LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 November 2024
and signed on behalf of the board by:

Name: Haider Malik
Status: Director

The notes form part of these financial statements

MAEI GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MAEI GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

13 months to 31 May 2024
Average number of employees during the period 8

MAEI GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
Additions 175,000
At 31 May 2024 175,000
Net book value
At 31 May 2024 175,000

MAEI GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
Additions 794,985
At 31 May 2024 794,985
Net book value
At 31 May 2024 794,985

MAEI GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Fixed investments

During the period the company acquired mixed residential and commercial property for development

MAEI GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Revaluation reserve

13 months to 31 May 2024
£
Surplus or deficit after revaluation 2,589,985
Balance at 31 May 2024 2,589,985