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REGISTERED NUMBER: 07741873 (England and Wales)















Maple Bridge Corporation Limited

Unaudited Financial Statements

for the Year Ended 31 January 2024






Maple Bridge Corporation Limited (Registered number: 07741873)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maple Bridge Corporation Limited

Company Information
for the year ended 31 January 2024







DIRECTOR: ME Reay





REGISTERED OFFICE: Maple House
The Brook
Culgaith
Penrith
Cumbria
CA10 1SJ





REGISTERED NUMBER: 07741873 (England and Wales)





ACCOUNTANTS: McMillan & Co LLP
Chartered Accountants
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

Maple Bridge Corporation Limited (Registered number: 07741873)

Balance Sheet
31 January 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 483,707 509,477

CURRENT ASSETS
Stocks 1,000 2,000
Cash at bank and in hand 4,642 4,557
5,642 6,557
CREDITORS
Amounts falling due within one year 5 147,077 160,092
NET CURRENT LIABILITIES (141,435 ) (153,535 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,272

355,942

CREDITORS
Amounts falling due after more than one
year

6

62,817

46,590
NET ASSETS 279,455 309,352

CAPITAL AND RESERVES
Called up share capital 8 400,000 400,000
Retained earnings (120,545 ) (90,648 )
SHAREHOLDERS' FUNDS 279,455 309,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Maple Bridge Corporation Limited (Registered number: 07741873)

Balance Sheet - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:





ME Reay - Director


Maple Bridge Corporation Limited (Registered number: 07741873)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Maple Bridge Corporation 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.

The presentation currency of the financial statements is the Pound Sterling (£) and the amounts in the financial statements have been rounded to the nearest £1.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - at variable rates on reducing balance
Motor vehicles - at variable rates on reducing balance
Computer equipment - 20% on cost

Freehold land is not depreciated. No depreciation is provided on the company's freehold buildings as the directors consider that the lives of these assets are so long and residual values, based on prices prevailing at the time of acquisition, are sufficiently high that any depreciation would be immaterial. Provision is made in the profit and loss account in the event of any permanent diminution in the value of the properties.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, short-term loans and HP funding, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Maple Bridge Corporation Limited (Registered number: 07741873)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£ £ £ £ £
COST
At 1 February 2023 340,636 262,945 32,000 14,985 650,566
Disposals - - (32,000 ) - (32,000 )
At 31 January 2024 340,636 262,945 - 14,985 618,566
DEPRECIATION
At 1 February 2023 - 115,763 15,354 9,972 141,089
Charge for year - 7,964 958 1,160 10,082
Eliminated on disposal - - (16,312 ) - (16,312 )
At 31 January 2024 - 123,727 - 11,132 134,859
NET BOOK VALUE
At 31 January 2024 340,636 139,218 - 3,853 483,707
At 31 January 2023 340,636 147,182 16,646 5,013 509,477

Maple Bridge Corporation Limited (Registered number: 07741873)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 9,800 15,751
Hire purchase contracts - 1,310
Trade creditors 71,292 82,915
Social security and other taxes 21,190 21,190
VAT 37,795 33,926
Accruals and deferred income 7,000 5,000
147,077 160,092

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 2-5 years 34,762 41,878
Other creditors 19,900 -
Director's loan account 8,155 4,712
62,817 46,590

The directors loans are interest free.

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank overdraft - 5,151
Bank loans 44,562 52,478
44,562 57,629

The bank borrowings are secured on the assets of the company.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
400,000 Ordinary £1 400,000 400,000

9. RELATED PARTY DISCLOSURES

In the opinion of the director the company is controlled by the director, Mr ME Reay, and his immediate family by virtue of their shareholdings.