| Registered Number:07659081 |
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
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
Maymask (171) Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
689,995
690,200
2
183,910
252,136
3
942,131
874,110
| 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
2
2
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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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. |
Lady Stephenson Library
Welbeck Road
Newcastle Upon Tyne
Tyne & Wear
NE6 2PA
| The presentation currency is £ sterling. |
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 |
692,886
2,892
689,994
689,994
2,892
692,886
| Provision for depreciation and impairment |
2,686
2,686
-
Charge for year
205
205
-
2,891
2,891
-
689,994
1
689,995
689,994
206
690,200
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For the year ended 30 November 2024
Maymask (171) Limited
Notes to the Financial Statements Continued
| 3. Investments held as fixed assets |
183,910
183,910
4,935
4,935
63,291
63,291
252,136
252,136
252,136
252,136
183,910
183,910
| 4. Trade and other receivables |
2023
2024
9,889
2,952
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
-
150,000
| Taxation and social security |
6,477
-
366,016
216,492
372,493
366,492
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
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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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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