MAA Land Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09592432 (England and Wales)

MAA LAND LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Allison

Mrs J Musgrave

P Musgrave

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200-204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

09592432 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

CURRENT ASSETS

Debtors

5

1,317

1,854

Cash at bank and in hand

69,634

129,859

70,951

131,713

CREDITORS

Amounts falling due within one year

6

21,924

26,629

NET CURRENT ASSETS

49,027

105,084

TOTAL ASSETS LESS CURRENT
LIABILITIES

49,027

105,084

CREDITORS

Amounts falling due after more than one
year

7

7,026

14,001

NET ASSETS

42,001

91,083

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

41,999

91,081

SHAREHOLDERS' FUNDS

42,001

91,083

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 February 2025 and were signed on its behalf by:

M Allison - Director

1.	STATUTORY INFORMATION

MAA Land Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2023

3,509

Disposals

(429

)

At 30 September 2024

3,080

DEPRECIATION

At 1 October 2023

3,509

Eliminated on disposal

(429

)

At 30 September 2024

3,080

NET BOOK VALUE

At 30 September 2024

-

At 30 September 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Other debtors

1,317

1,854

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Bank loans and overdrafts

6,974

7,000

Taxation and social security

-

18

Other creditors

14,950

19,611

21,924

26,629

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.24

30.9.23

£

Bank loans

7,026

14,001

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

1

Ordinary £1 shares

£1

1

Ordinary A £1

£1

1

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24

30.9.23

£

M Allison

Balance outstanding at start of year

10,074

500

Amounts advanced

-

9,574

Amounts repaid

(6,709

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,365

10,074

Mrs J Musgrave and P Musgrave

Balance outstanding at start of year

7,264

195

Amounts advanced

2,869

7,069

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,133

7,264