MAVERICK (N.I.) LTD

Company Registration Number:
NI640188 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

MAVERICK (N.I.) LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

MAVERICK (N.I.) LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 280,000 300,000
Tangible assets: 4 561,200 582,263
Total fixed assets: 841,200 882,263
Current assets
Stocks: 31,514 30,871
Debtors: 5 23,718 18,626
Cash at bank and in hand: 1,044,962 755,362
Total current assets: 1,100,194 804,859
Creditors: amounts falling due within one year: 6 (674,371) (885,560)
Net current assets (liabilities): 425,823 (80,701)
Total assets less current liabilities: 1,267,023 801,562
Provision for liabilities: (15,906) (12,841)
Total net assets (liabilities): 1,251,117 788,721
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,251,017 788,621
Shareholders funds: 1,251,117 788,721

The notes form part of these financial statements

MAVERICK (N.I.) LTD

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2025
and signed on behalf of the board by:

Name: John McElhatton
Status: Director

The notes form part of these financial statements

MAVERICK (N.I.) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

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

MAVERICK (N.I.) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 40 32

MAVERICK (N.I.) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 400,000
At 31 August 2024 400,000
Amortisation
At 01 September 2023 100,000
Charge for year 20,000
At 31 August 2024 120,000
Net book value
At 31 August 2024 280,000
At 31 August 2023 300,000

MAVERICK (N.I.) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 678,874
Additions 9,750
At 31 August 2024 688,624
Depreciation
At 01 September 2023 96,611
Charge for year 30,813
At 31 August 2024 127,424
Net book value
At 31 August 2024 561,200
At 31 August 2023 582,263

MAVERICK (N.I.) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

MAVERICK (N.I.) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

Trade creditors Corporation Tax PAYE VAT Other creditors & accruals