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REGISTERED NUMBER: 06878098 (England and Wales)


















MAGGIE REES ASSOCIATES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






MAGGIE REES ASSOCIATES LTD (REGISTERED NUMBER: 06878098)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAGGIE REES ASSOCIATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs M W Himsworth





REGISTERED OFFICE: Parc yr Eithin
New Moat
Clarbeston Road
Haverfordwest
Pembrokeshire
SA63 4RJ





REGISTERED NUMBER: 06878098 (England and Wales)





ACCOUNTANTS: Llewelyn Davies
Chartered Accountants
Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW

MAGGIE REES ASSOCIATES LTD (REGISTERED NUMBER: 06878098)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 259 355

CURRENT ASSETS
Debtors 5 115 1,390
Cash at bank 2,148 49
2,263 1,439
CREDITORS
Amounts falling due within one year 6 1,761 1,223
NET CURRENT ASSETS 502 216
TOTAL ASSETS LESS CURRENT
LIABILITIES

761

571

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 760 570
SHAREHOLDERS' FUNDS 761 571

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

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

The director acknowledges her 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 20 March 2025 and were signed by:





Mrs M W Himsworth - Director


MAGGIE REES ASSOCIATES LTD (REGISTERED NUMBER: 06878098)

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


1. STATUTORY INFORMATION

Maggie Rees Associates 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.

The accounts have been prepared on a going concern basis as will continue to benefit from the support of the directors & bankers. In the directors opinion the company has sufficient funds and future income to continue into the foreseeable future.

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.

Fixtures and fittings - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 8,945
DEPRECIATION
At 1 July 2023 8,590
Charge for year 96
At 30 June 2024 8,686
NET BOOK VALUE
At 30 June 2024 259
At 30 June 2023 355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,312
Other debtors 115 78
115 1,390

MAGGIE REES ASSOCIATES LTD (REGISTERED NUMBER: 06878098)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,240 930
Taxation and social security 518 292
Other creditors 3 1
1,761 1,223

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the director Mrs M W Himsworth, by virtue of her shareholding.