2023-06-01 07904954 2024-05-31 07904954 2023-06-01 2024-05-31 07904954 2023-05-31 07904954 2022-06-01 2023-05-31 07904954 uk-core:WithinOneYear 2023-05-31 07904954 uk-core:WithinOneYear 2024-05-31 07904954 uk-core:AfterOneYear 2023-05-31 07904954 uk-core:AfterOneYear 2024-05-31 07904954 uk-core:ShareCapital 2024-05-31 07904954 uk-core:ShareCapital 2023-05-31 07904954 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 07904954 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 07904954 uk-bus:Director1 2023-06-01 2024-05-31 07904954 uk-core:ToolsEquipment 2023-06-01 2024-05-31 07904954 uk-core:FurnitureFittings 2023-06-01 2024-05-31 07904954 uk-core:ToolsEquipment 2023-05-31 07904954 uk-core:FurnitureFittings 2023-05-31 07904954 uk-core:FurnitureFittings 2024-05-31 07904954 uk-core:ToolsEquipment 2024-05-31 07904954 uk-core:WithinOneYear uk-core:Secured 2024-05-31 07904954 uk-core:WithinOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 07904954 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 07904954 uk-bus:FRS102 2023-06-01 2024-05-31 07904954 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 07904954 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Mayrex Limited
Registered Number:07904954
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Mayrex Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07904954
As at 31 May 2024
Mayrex Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Inventories
112,873
147,658
3
Trade and other receivables
21,301
34,217
4
7,712
Cash and cash equivalents
19,848
201,723
141,886
Trade and other payables: amounts falling due within one
year
(100,187)
(167,027)
5
41,699
34,696
Net current assets
Total assets less current liabilities
34,696
41,699
Trade and other payables: amounts falling due after more
than one year
(16,000)
(8,000)
6
26,696
Net assets
25,699
Capital and reserves
Called up share capital
786
786
Retained earnings
25,910
24,913
26,696
25,699
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Yasin Jusab Director
These financial statements were approved and authorised for issue by the Board on 20 August 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Mayrex Limited
Notes to the Financial Statements
Statutory Information
Mayrex Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
07904954.
Registered address:
Clyde Mill
Stewart Street
Bolton
Lancashire
BL1 3PA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
10 Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 June 2023
3,009
2,379
630
At 31 May 2024
630
2,379
3,009
Provision for depreciation and impairment
At 01 June 2023
3,009
2,379
630
At 31 May 2024
3,009
2,379
630
At 31 May 2024
Net book value
-
-
-
At 31 May 2023
-
-
-
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5
For the year ended 31 May 2024
Mayrex Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
147,658
112,873
4. Trade and other receivables
2023
2024
£
£
Trade debtors
33,923
18,546
Other debtors
294
2,755
21,301
34,217
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
8,000
8,000
Trade creditors
7,242
(2,255)
Taxation and social security
4,496
4,996
Other creditors
147,289
89,446
167,027
100,187
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
8,000
16,000
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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