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REGISTERED NUMBER: 15017192 (England and Wales)
















The Mayda Creative Company Ltd

Unaudited Financial Statements

For The Period 20 July 2023 to 31 December 2024






The Mayda Creative Company Ltd (Registered number: 15017192)







Contents of the Financial Statements

For The Period 20 July 2023 to 31 December 2024





Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

3




The Mayda Creative Company Ltd


Company Information

For The Period 20 July 2023 to 31 December 2024









DIRECTOR:

B Parkhill







REGISTERED OFFICE:

First Floor


18 Phipp Street


London


EC2A 4NU







REGISTERED NUMBER:

15017192 (England and Wales)







ACCOUNTANTS:

Streets ISA Ltd


Building 15


Gateway 1000


Arlington Business Park


Stevenage


Hertfordshire


SG1 2FP


The Mayda Creative Company Ltd (Registered number: 15017192)


Balance Sheet

31 December 2024



Notes

£   



FIXED ASSETS


Tangible assets


52,331





CURRENT ASSETS


Debtors


158,859




Cash at bank

146,341



305,200




CREDITORS


Amounts falling due within one year


(417,624

)



NET CURRENT LIABILITIES

(112,424

)



TOTAL ASSETS LESS CURRENT

LIABILITIES

(60,093

)




CAPITAL AND RESERVES


Called up share capital

1,000




Retained earnings

(61,093

)


(60,093

)



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


The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 19 July 2025 and were signed by:





B Parkhill - Director



The Mayda Creative Company Ltd (Registered number: 15017192)


Notes to the Financial Statements

For The Period 20 July 2023 to 31 December 2024


1.

STATUTORY INFORMATION



The Mayda Creative Company 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.


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.



Taxation

Taxation for the period 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.


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 period 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.


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.


Going concern


The company incurred a loss for the financial period and had net liabilities as at the reporting date. Notwithstanding these conditions, the directors have received a letter of support from the parent company confirming that it will provide financial assistance as required to enable the company to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements.



On this basis, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and, therefore, consider it appropriate to prepare the financial statements on a going concern basis


The Mayda Creative Company Ltd (Registered number: 15017192)


Notes to the Financial Statements - continued

For The Period 20 July 2023 to 31 December 2024


3.

EMPLOYEES AND DIRECTORS



The average number of employees during the period was 6 .