MAXFIELD SOLUTIONS LIMITED

Company Registration Number:
14677050 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 20 February 2023

End date: 28 February 2024

MAXFIELD SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MAXFIELD SOLUTIONS LIMITED

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

Principal activity of the company during the financial period was of wholesale of non specialized goods



Directors

The director shown below has held office during the period of
23 August 2023 to 28 February 2024

Khurram Bashir


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 February 2025

And signed on behalf of the board by:
Name: Khurram Bashir
Status: Director

MAXFIELD SOLUTIONS LIMITED

Profit And Loss Account

for the Period Ended 28 February 2024

2024


£
Turnover: 938,550
Cost of sales: ( 878,652 )
Gross profit(or loss): 59,898
Distribution costs: ( 9,888 )
Administrative expenses: ( 28,406 )
Operating profit(or loss): 21,604
Profit(or loss) before tax: 21,604
Profit(or loss) for the financial year: 21,604

MAXFIELD SOLUTIONS LIMITED

Balance sheet

As at 28 February 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 27,884
Total fixed assets: 27,884
Current assets
Stocks: 4 32,145
Debtors: 5 18,771
Cash at bank and in hand: 14,450
Total current assets: 65,366
Net current assets (liabilities): 65,366
Total assets less current liabilities: 93,250
Provision for liabilities: ( 71,546 )
Total net assets (liabilities): 21,704
Capital and reserves
Called up share capital: 100
Profit and loss account: 21,604
Total Shareholders' funds: 21,704

The notes form part of these financial statements

MAXFIELD SOLUTIONS LIMITED

Balance sheet statements

For the year ending 28 February 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.

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

This report was approved by the board of directors on 20 February 2025
and signed on behalf of the board by:

Name: Khurram Bashir
Status: Director

The notes form part of these financial statements

MAXFIELD SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAXFIELD SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

MAXFIELD SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 22,550 11,455 34,005
Disposals
Revaluations
Transfers
At 28 February 2024 22,550 11,455 34,005
Depreciation
Charge for year 4,059 2,062 6,121
On disposals
Other adjustments
At 28 February 2024 4,059 2,062 6,121
Net book value
At 28 February 2024 18,491 9,393 27,884

MAXFIELD SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Stocks

2024
£
Stocks 32,145
Total 32,145

MAXFIELD SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Debtors

2024
£
Trade debtors 18,771
Total 18,771