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Company Registration No. 14695417 (England and Wales)
Maverik Machinery Ltd Unaudited accounts for the year ended 28 February 2025
Maverik Machinery Ltd Unaudited accounts Contents
Page
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Maverik Machinery Ltd Company Information for the year ended 28 February 2025
Director
Mr A L Meeking
Company Number
14695417 (England and Wales)
Registered Office
6 Howard Crescent Basildon Essex SS13 2AB England
Accountants
Beckett Taylor Limited 63-66 Hatton Garden London EC1N 8LE
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Maverik Machinery Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,159 
- 
Current assets
Debtors
16,698 
- 
Cash at bank and in hand
144,390 
35,526 
161,088 
35,526 
Creditors: amounts falling due within one year
(11,424)
(13,197)
Net current assets
149,664 
22,329 
Total assets less current liabilities
154,823 
22,329 
Creditors: amounts falling due after more than one year
(30,255)
- 
Net assets
124,568 
22,329 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
124,468 
22,229 
Shareholders' funds
124,568 
22,329 
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 March 2025 and were signed on its behalf by
Mr A L Meeking Director Company Registration No. 14695417
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Maverik Machinery Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Maverik Machinery Ltd is a private company, limited by shares, registered in England and Wales, registration number 14695417. The registered office is 6 Howard Crescent, Basildon, Essex, SS13 2AB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 year straight-line
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Maverik Machinery Ltd Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2024
- 
Additions
6,712 
At 28 February 2025
6,712 
Depreciation
Charge for the year
1,553 
At 28 February 2025
1,553 
Net book value
At 28 February 2025
5,159 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
15,748 
- 
Trade debtors
950 
- 
16,698 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
2,136 
Trade creditors
456 
- 
Taxes and social security
- 
5,214 
Loans from directors
9,508 
4,892 
Accruals
1,460 
955 
11,424 
13,197 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Taxes and social security
30,255 
- 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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