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REGISTERED NUMBER: 09722867 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st July 2024

for

MAYBELL INVESTMENTS LIMITED

MAYBELL INVESTMENTS LIMITED (REGISTERED NUMBER: 09722867)

Contents of the Financial Statements
for the Year Ended 31st July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAYBELL INVESTMENTS LIMITED

Company Information
for the Year Ended 31st July 2024







DIRECTOR: Mr A G Hayward-Wright





REGISTERED OFFICE: 4 Clews Road
Redditch
Worcestershire
B98 7ST





REGISTERED NUMBER: 09722867 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

MAYBELL INVESTMENTS LIMITED (REGISTERED NUMBER: 09722867)

Balance Sheet
31st July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 152,221 187,528
152,221 187,528

CURRENT ASSETS
Stocks 6 37,500 37,500
Debtors 7 286,705 148,481
Cash at bank 92,317 73,695
416,522 259,676
CREDITORS
Amounts falling due within one year 8 867,698 619,051
NET CURRENT LIABILITIES (451,176 ) (359,375 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(298,955

)

(171,847

)

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings (299,055 ) (171,947 )
SHAREHOLDERS' FUNDS (298,955 ) (171,847 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th July 2025 and were signed by:





Mr A G Hayward-Wright - Director


MAYBELL INVESTMENTS LIMITED (REGISTERED NUMBER: 09722867)

Notes to the Financial Statements
for the Year Ended 31st July 2024


1. STATUTORY INFORMATION

Maybell Investments 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

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 - 20% on reducing balance and Straight line over 10 years
Fixtures and fittings - 25% on reducing balance
Computer equipment - Straight line over 3 years

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

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.

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.

MAYBELL INVESTMENTS LIMITED (REGISTERED NUMBER: 09722867)

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


2. ACCOUNTING POLICIES - continued

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 58 (2023 - 57 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1st August 2023
and 31st July 2024 24,000 19,000 43,000
AMORTISATION
At 1st August 2023
and 31st July 2024 24,000 19,000 43,000
NET BOOK VALUE
At 31st July 2024 - - -
At 31st July 2023 - - -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st August 2023 74,488 386,104 5,624 466,216
Additions 7,433 5,593 - 13,026
At 31st July 2024 81,921 391,697 5,624 479,242
DEPRECIATION
At 1st August 2023 18,470 256,624 3,594 278,688
Charge for year 12,690 33,768 1,875 48,333
At 31st July 2024 31,160 290,392 5,469 327,021
NET BOOK VALUE
At 31st July 2024 50,761 101,305 155 152,221
At 31st July 2023 56,018 129,480 2,030 187,528

6. STOCKS
2024 2023
£    £   
Stocks 37,500 37,500

MAYBELL INVESTMENTS LIMITED (REGISTERED NUMBER: 09722867)

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


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 216,856 77,608
Deferred tax asset 55,124 45,917
Called up share capital not paid 98 98
Prepayments 14,627 24,858
286,705 148,481

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 18,730 28,728
Trade creditors 408,876 406,837
Amounts owed to group undertakings 107,488 -
Social security and other taxes (4,550 ) (327 )
VAT 59,477 134,197
Other creditors 277,677 49,616
867,698 619,051

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 18,730 28,728

10. DEFERRED TAX
£   
Balance at 1st August 2023 (45,917 )
Provided during year (9,207 )
Balance at 31st July 2024 (55,124 )

11. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
2 Share capital 1 £1.00 100 100