Company registration number 10845667 (England and Wales)
MARAVANDIO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
MARAVANDIO LTD
COMPANY INFORMATION
Director
Mr G J Spooner
Company number
10845667
Registered office
3 Joseph Gardens
Silver End
Essex
CM8 3SN
Accountants
Kirk Rice LLP
Victoria House
178-180 Fleet Road
Fleet
Hampshire
GU51 4DA
MARAVANDIO LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
MARAVANDIO LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MARAVANDIO LTD FOR THE YEAR ENDED 31 JULY 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Maravandio Ltd for the year ended 31 July 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Maravandio Ltd, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Maravandio Ltd and state those matters that we have agreed to state to the Board of Directors of Maravandio Ltd, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Maravandio Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Maravandio Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Maravandio Ltd. You consider that Maravandio Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Maravandio Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kirk Rice LLP
28 April 2025
Victoria House
178-180 Fleet Road
Fleet
Hampshire
GU51 4DA
MARAVANDIO LTD
BALANCE SHEET
AS AT
31 JULY 2024
31 July 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
32
39
Current assets
Debtors
5
831
1,788
Cash at bank and in hand
600
2,562
1,431
4,350
Creditors: amounts falling due within one year
6
(25,497)
(16,440)
Net current liabilities
(24,066)
(12,090)
Net liabilities
(24,034)
(12,051)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(24,035)
(12,052)
Total equity
(24,034)
(12,051)

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

For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 28 April 2025
Mr G J Spooner
Director
Company registration number 10845667 (England and Wales)
MARAVANDIO LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 3 -
1
Accounting policies
Company information

Maravandio Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3 Joseph Gardens, Silver End, Essex, CM8 3SN.

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 £.

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

1.2
Turnover

Turnover relates to tuition services provided and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised in line with the performance of these services.

1.3
Intangible fixed assets - goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, was amortised evenly over its estimated useful life of five years.

1.4
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:

Fixtures and fittings
10% on cost
Computers
25% on cost
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Financial instruments

Financial assets and financial liabilities are recognised when the party becomes a party to the contractual provisions of the financial instrument.

Debtors

Debtors do not carry interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit or Loss account when there is objective evidence that the asset is impaired.

MARAVANDIO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
1
Accounting policies
(Continued)
- 4 -
Creditors

Creditors are not interest bearing and are included at their nominal value.

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
3
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2023 and 31 July 2024
1,000
Amortisation and impairment
At 1 August 2023 and 31 July 2024
1,000
Carrying amount
At 31 July 2024
-
0
At 31 July 2023
-
0
4
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 August 2023 and 31 July 2024
74
2,092
2,166
Depreciation and impairment
At 1 August 2023
35
2,092
2,127
Depreciation charged in the year
7
-
0
7
At 31 July 2024
42
2,092
2,134
Carrying amount
At 31 July 2024
32
-
0
32
At 31 July 2023
39
-
0
39
MARAVANDIO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 5 -
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
831
1,788
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
87
83
Other creditors
25,410
16,357
25,497
16,440
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