Company registration number 13129018 (England and Wales)
MAPLE LEAF MORTGAGES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
MAPLE LEAF MORTGAGES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MAPLE LEAF MORTGAGES LIMITED (REGISTERED NUMBER: 13129018)
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
749
1,589
Current assets
Debtors
4
60,349
43,546
Cash at bank and in hand
3
10
60,352
43,556
Creditors: amounts falling due within one year
5
(60,918)
(44,819)
Net current liabilities
(566)
(1,263)
Total assets less current liabilities
183
326
Provisions for liabilities
(145)
(302)
Net assets
38
24
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
37
23
Total equity
38
24

For the financial year ended 31 January 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 25 April 2025
Mr G V Richards
Director
MAPLE LEAF MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
- 2 -
1
Accounting policies
Company information

Maple Leaf Mortgages Limited is a private company limited by shares incorporated in England and Wales. The registered office is Flat 11 Piazza House, Cannons Wharf Road, Tonbridge, Kent, TN9 1FH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for mortgage brokering. Turnover is recognised once the mortgage has been agreed and the commission has been earned.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
MAPLE LEAF MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 3 -
3
Tangible fixed assets
Computers
£
Cost
At 1 February 2023 and 31 January 2024
2,520
Depreciation and impairment
At 1 February 2023
931
Depreciation charged in the year
840
At 31 January 2024
1,771
Carrying amount
At 31 January 2024
749
At 31 January 2023
1,589
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
60,349
43,546
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
3,746
1,974
Taxation and social security
54,982
36,271
Other creditors
2,190
6,574
60,918
44,819
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
7
Director's transactions

At the balance sheet date, the director owed the company £47,661 (2023: £38,203). This loan is repayable on demand and subject to interest at the official rate. This balance is included in other debtors.

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