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REGISTERED NUMBER: 11641849 (England and Wales)











Financial Statements

for the Year Ended 31 October 2024

for

MAP 01 LTD

MAP 01 LTD (REGISTERED NUMBER: 11641849)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAP 01 LTD

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr M A Pastuszynski





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 11641849 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

MAP 01 LTD (REGISTERED NUMBER: 11641849)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 17 33
Investments 5 12,898 -
12,915 33

CURRENT ASSETS
Debtors 6 118,498 50,000
Cash at bank 298,597 263,851
417,095 313,851
CREDITORS
Amounts falling due within one year 7 453,772 374,779
NET CURRENT LIABILITIES (36,677 ) (60,928 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,762

)

(60,895

)

CAPITAL AND RESERVES
Called up share capital 8 6,001 6,001
Retained earnings (29,763 ) (66,896 )
SHAREHOLDERS' FUNDS (23,762 ) (60,895 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 director and authorised for issue on 11 June 2025 and were signed by:





Mr M A Pastuszynski - Director


MAP 01 LTD (REGISTERED NUMBER: 11641849)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

MAP 01 Ltd 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 (£).


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 as modified by the revaluation of certain assets.

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.
Computer equipment - 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.

Going concern
The financial statements are prepared on a going concern basis as the director considers that it has access to the resources required as the company is being supported by the director, who is not looking to withdraw funds within the next 12 months. Due to the company's continued support of the director and business model the going concern of the company is not impacted by Covid 19.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2023
and 31 October 2024 860
DEPRECIATION
At 1 November 2023 827
Charge for year 16
At 31 October 2024 843
NET BOOK VALUE
At 31 October 2024 17
At 31 October 2023 33

MAP 01 LTD (REGISTERED NUMBER: 11641849)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 12,898
At 31 October 2024 12,898
NET BOOK VALUE
At 31 October 2024 12,898

Cost or valuation at 31 October 2024 is represented by:

Other
investments
£   
Valuation in 2022 300
Valuation in 2023 2,598
Cost 10,000
12,898

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 118,498 50,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Tax 9,133 200
Other creditors 225,382 170,482
Directors' current accounts 216,857 199,297
Accrued expenses 2,400 4,800
453,772 374,779

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
1 A Ordinary £1 1 1
1,000 B Ordinary £1 1,000 1,000
1,000 C Ordinary £1 1,000 1,000
1,000 D Ordinary £1 1,000 1,000
1,000 E Ordinary £1 1,000 1,000
1,000 F Ordinary £1 1,000 1,000
1,000 G Ordinary £1 1,000 1,000
6,001 6,001

9. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed an amount of £216,857 (2023: £199,297) to the director. The amount is interest free and repayable on demand.