1 November 2023 false No description of principal activity Taxfiler 2024.6 14439708business:PrivateLimitedCompanyLtd2023-11-012024-10-31 144397082023-10-31 144397082023-11-012024-10-31 14439708business:AuditExemptWithAccountantsReport2023-11-012024-10-31 14439708business:FilletedAccounts2023-11-012024-10-31 144397082024-10-31 14439708business:Director12023-11-012024-10-31 14439708business:RegisteredOffice2023-11-012024-10-31 14439708core:WithinOneYear2024-10-31 14439708core:AfterOneYear2024-10-31 14439708core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 14439708core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 14439708core:PreviouslyStatedAmount2024-10-31 14439708business:SmallEntities2023-11-012024-10-31 14439708countries:EnglandWales2023-11-012024-10-31 14439708core:PlantMachinery2023-11-012024-10-31 14439708core:FurnitureFittings2023-11-012024-10-31 14439708core:Goodwill2023-10-31 14439708core:Goodwill2024-10-31 14439708core:Goodwill2023-11-012024-10-31 14439708core:PlantMachinery2023-10-31 14439708core:FurnitureFittings2023-10-31 14439708core:PlantMachinery2024-10-31 14439708core:FurnitureFittings2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 14439708 (England and Wales)
MAPEL NEWPORT LIMITED Unaudited accounts for the year ended 31 October 2024
MAPEL NEWPORT LIMITED Unaudited accounts Contents
Page
- 2 -
MAPEL NEWPORT LIMITED Company Information for the year ended 31 October 2024
Director
ASLAM, Mohammed
Company Number
14439708 (England and Wales)
Registered Office
32 MALPAS ROAD NEWPORT GWENT NP20 5PA UNITED KINGDOM
Accountants
XEN ACCOUNTANTS LTD 102 A COMMERCIAL STREET NEWPORT NP20 1LU
- 3 -
MAPEL NEWPORT LIMITED Statement of financial position as at 31 October 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
4,800 
Tangible assets
3,204 
8,004 
Current assets
Inventories
38,125 
Debtors
42 
Cash at bank and in hand
7,144 
45,311 
Creditors: amounts falling due within one year
(10,934)
Net current assets
34,377 
Total assets less current liabilities
42,381 
Creditors: amounts falling due after more than one year
(49,515)
Net liabilities
(7,134)
Capital and reserves
Called up share capital
100 
Profit and loss account
(7,234)
Shareholders' funds
(7,134)
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 March 2025 and were signed on its behalf by
ASLAM, Mohammed Director Company Registration No. 14439708
- 4 -
MAPEL NEWPORT LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
MAPEL NEWPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14439708. The registered office is 32 MALPAS ROAD, NEWPORT, GWENT, NP20 5PA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Straight Line
Fixtures & fittings
10% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2023
8,000 
At 31 October 2024
8,000 
Amortisation
At 1 November 2023
1,600 
Charge for the year
1,600 
At 31 October 2024
3,200 
Net book value
At 31 October 2024
4,800 
- 5 -
MAPEL NEWPORT LIMITED Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
1,148 
3,000 
4,148 
At 31 October 2024
1,148 
3,000 
4,148 
Depreciation
At 1 November 2023
172 
300 
472 
Charge for the year
172 
300 
472 
At 31 October 2024
344 
600 
944 
Net book value
At 31 October 2024
804 
2,400 
3,204 
6
Debtors
2024 
£ 
Amounts falling due within one year
VAT
42 
7
Creditors: amounts falling due within one year
2024 
£ 
VAT
4,129 
Trade creditors
1,318 
Loans from directors
3,949 
Accruals
1,538 
10,934 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Other creditors
5,423 
Loans from directors
44,092 
49,515 
9
Average number of employees
During the year the average number of employees was 7.
- 6 -