Company registration number 04162953 (England and Wales)
MAIDMANS MOVING AND STORAGE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
MAIDMANS MOVING AND STORAGE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
MAIDMANS MOVING AND STORAGE LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
-
0
7,468
Tangible assets
5
330,598
358,465
330,598
365,933
Current assets
Debtors
6
62,769
159,445
Cash at bank and in hand
144,681
31,091
207,450
190,536
Creditors: amounts falling due within one year
7
(142,917)
(183,718)
Net current assets
64,533
6,818
Total assets less current liabilities
395,131
372,751
Provisions for liabilities
(66,030)
(70,370)
Net assets
329,101
302,381
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
9
329,100
302,380
Total equity
329,101
302,381

The notes on pages 2 to 7 form part of these financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 June 2025 and are signed on its behalf by:
D J M Vitoria
Director
Company registration number 04162953 (England and Wales)
MAIDMANS MOVING AND STORAGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -
1
Accounting policies
Company information

Maidmans Moving and Storage Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hillsons Road, Bottings Industrial Estate, Botley, Southampton, England, SO30 2DY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

 

 

The financial statements of the company are consolidated in the financial statements of Whitport Limited. These consolidated financial statements are available from its registered office, Hillsons Road Bottings Industrial Estate, Botley, Southampton, England, SO30 2DY.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover arising from services provided is recognised in the period in which the services are provided to customers. Turnover is measured at fair value at the consideration received or receivable, excluding discounts, rebates and other sales taxes.

1.4
Intangible fixed assets - goodwill

Goodwill arising on the acquisition of businesses is amortised through the profit and loss accounts on a straight line basis, over its estimated useful economic life of 10 years.

MAIDMANS MOVING AND STORAGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
Over 3 to 12 years
Motor vehicles
Over 2 to 10 years
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

MAIDMANS MOVING AND STORAGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.9

Leasing

Rentals payable under operating leases are charged to income as incurred.

1.10

Pensions

The company operates defined contribution pension schemes. Payments are charged to revenue as incurred.

1.11

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

 

It is considered that the company has no significant judgements, estimates and assumptions that would have a material impact on the financial statements.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
20
25
MAIDMANS MOVING AND STORAGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 5 -
4
Intangible fixed assets
Goodwill
£
Cost
At 1 February 2024 and 31 January 2025
298,798
Amortisation and impairment
At 1 February 2024
291,330
Amortisation charged for the year
7,468
At 31 January 2025
298,798
Carrying amount
At 31 January 2025
-
0
At 31 January 2024
7,468
5
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 February 2024
112,185
549,722
661,907
Additions
1,569
36,500
38,069
Disposals
-
0
(42,335)
(42,335)
At 31 January 2025
113,754
543,887
657,641
Depreciation and impairment
At 1 February 2024
100,291
203,151
303,442
Depreciation charged in the year
4,550
61,384
65,934
Eliminated in respect of disposals
-
0
(42,333)
(42,333)
At 31 January 2025
104,841
222,202
327,043
Carrying amount
At 31 January 2025
8,913
321,685
330,598
At 31 January 2024
11,894
346,571
358,465
MAIDMANS MOVING AND STORAGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 6 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
44,240
44,983
Corporation tax recoverable
-
0
1,706
Amounts owed by group undertakings
-
0
63,873
Other debtors
18,529
48,883
62,769
159,445
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
45,159
56,660
Amounts owed to group undertakings
15,996
73,037
Taxation and social security
65,705
35,950
Other creditors
3,675
83
Accruals and deferred income
12,382
17,988
142,917
183,718
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
9
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
302,380
327,525
Profit/(loss) for the year
26,720
(25,145)
At the end of the year
329,100
302,380
10
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

MAIDMANS MOVING AND STORAGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
10
Audit report information
(Continued)
- 7 -
Senior Statutory Auditor:
Mark Gregory ACA
Statutory Auditor:
Fiander Tovell Limited
Date of audit report:
19 June 2025
11
Capital commitments

Amounts contracted for but not provided in the financial statements:

2025
2024
£
£
Acquisition of tangible fixed assets
1,305
3,500
12
Related party transactions
Transactions with related parties

The company has taken advantage of the exemptions contained in Financial Reporting Standard 102. The company has not disclosed transactions with other group companies on the grounds that it is a wholly owned subsidiary and the group consolidated accounts are publicly available from Hillsons Road Bottings Industrial Estate, Botley, Southampton, England, SO30 2DY.

13
Parent company

The company is a wholly owned subsidiary of Whitport Limited. There is no ultimate controlling party in Whitport Limited.

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