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Maverns Technologies Limited

Registered Number
15286956
(England and Wales)

Unaudited Financial Statements for the Period ended
30 November 2024

Maverns Technologies Limited
Company Information
for the period from 15 November 2023 to 30 November 2024

Director

Tulasi Radha Rani Rayapudi

Registered Address

69 Severn Road
Oadby
Leicester
LE2 4FW

Registered Number

15286956 (England and Wales)
Maverns Technologies Limited
Statement of Financial Position
30 November 2024

Notes

2024

£

£

Current assets
Cash at bank and on hand2,119
2,119
Creditors amounts falling due within one year3(1,174)
Net current assets (liabilities)945
Total assets less current liabilities945
Net assets945
Capital and reserves
Called up share capital1,000
Profit and loss account(55)
Shareholders' funds945
The financial statements were approved and authorised for issue by the Director on 15 May 2025, and are signed on its behalf by:
Tulasi Radha Rani Rayapudi
Director
Registered Company No. 15286956
Maverns Technologies Limited
Notes to the Financial Statements
for the period ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company was incorporated on 15.11.2023 and commenced its trading on the same date.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.Average number of employees

2024
Average number of employees during the year1
3.Creditors: amounts due within one year

2024

£
Other creditors1,174
Total1,174