2023-12-01 07659081 2024-11-30 07659081 2023-12-01 2024-11-30 07659081 2023-11-30 07659081 2022-12-01 2023-11-30 07659081 uk-core:WithinOneYear 2023-11-30 07659081 uk-core:WithinOneYear 2024-11-30 07659081 uk-core:AfterOneYear 2023-11-30 07659081 uk-core:AfterOneYear 2024-11-30 07659081 uk-core:ShareCapital 2024-11-30 07659081 uk-core:ShareCapital 2023-11-30 07659081 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 07659081 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07659081 uk-bus:Director1 2023-12-01 2024-11-30 07659081 uk-core:ComputerEquipment 2023-11-30 07659081 uk-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 07659081 uk-core:InvestmentPropertyIncludedWithinPPE 2024-11-30 07659081 uk-core:ComputerEquipment 2024-11-30 07659081 uk-core:ComputerEquipment 2023-12-01 2024-11-30 07659081 uk-core:InvestmentPropertyIncludedWithinPPE 2023-12-01 2024-11-30 07659081 uk-core:CostValuation 2023-11-30 07659081 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-11-30 07659081 uk-core:AdditionsToInvestments 2024-11-30 07659081 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-11-30 07659081 uk-core:RevaluationsIncreaseDecreaseInInvestments 2024-11-30 07659081 uk-core:RevaluationsIncreaseDecreaseInInvestments uk-core:Non-currentFinancialInstruments 2024-11-30 07659081 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-11-30 07659081 uk-core:CostValuation 2024-11-30 07659081 uk-core:Non-currentFinancialInstruments 2024-11-30 07659081 uk-core:Non-currentFinancialInstruments 2023-11-30 07659081 uk-core:WithinOneYear 2024-11-30 07659081 uk-core:WithinOneYear 2023-11-30 07659081 uk-core:OtherThanOnDemand 2024-11-30 07659081 uk-core:OtherThanOnDemand 2023-11-30 iso4217:GBP xbrli:pure 07659081 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 07659081 uk-bus:FRS102 2023-12-01 2024-11-30 07659081 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 07659081 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Draft
Maymask (171) Limited
Registered Number:07659081
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 November 2024
Maymask (171) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Draft
Registered Number :
07659081
As at 30 November 2024
Maymask (171) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
689,995
690,200
2
Financial assets
183,910
252,136
3
942,131
874,110
Current assets
Trade and other receivables
2,952
9,889
4
102,166
Cash and cash equivalents
136,974
146,863
105,118
Trade and other payables: amounts falling due within one
year
(366,492)
(372,493)
5
(261,374)
(225,630)
Net current liabilities
Total assets less current liabilities
716,501
612,736
Trade and other payables: amounts falling due after more
than one year
(447,653)
(447,653)
6
268,848
Net assets
165,083
Capital and reserves
Called up share capital
2
2
Retained earnings
268,846
165,081
268,848
165,083
Shareholders' funds
For the year ended 30 November 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 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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.
Dr Andy Narsesian Director
These financial statements were approved and authorised for issue by the Board on 29 August 2025 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 30 November 2024
Maymask (171) Limited
Notes to the Financial Statements
Statutory Information
Maymask (171) Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07659081.
Registered address:
Lady Stephenson Library
Welbeck Road
Newcastle Upon Tyne
Tyne & Wear
NE6 2PA
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.
2. Property, plant and equipment
Total
Computer
Equipment
Land and
Buildings
£
£
£
Cost or
valuation
At 01 December 2023
692,886
2,892
689,994
At 30 November 2024
689,994
2,892
692,886
Provision for depreciation and impairment
At 01 December 2023
2,686
2,686
-
Charge for year
205
205
-
At 30 November 2024
2,891
2,891
-
At 30 November 2024
Net book value
689,994
1
689,995
At 30 November 2023
689,994
206
690,200
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5
Draft
For the year ended 30 November 2024
Maymask (171) Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
At 01 December 2023
183,910
183,910
Cost
£
£
4,935
4,935
Additions
63,291
63,291
Revaluations
At 30 November 2024
252,136
252,136
At 30 November 2024
Net book value
252,136
252,136
At 01 December 2023
183,910
183,910
4. Trade and other receivables
2023
2024
£
£
Other debtors
9,889
2,952
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
150,000
Taxation and social security
6,477
-
Other creditors
366,016
216,492
372,493
366,492
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
447,653
447,653
Analysis of creditors falling due after more than five years:
Payable otherwise than by instalments
447,653
447,653
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6
Draft
For the year ended 30 November 2024
Maymask (171) Limited
Notes to the Financial Statements Continued
7. Related party transactions
As at 30 November 2024, Dr A Narsesian (a director of the company) was owed £699,389 (year ended 30 November
2023 - £700,164). This balance arose in relation to a loan.
8. Average number of persons employed
During the period the average number of employees was 2 (2023 : 2)
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