1 January 2024 false No description of principal activity Taxfiler 2024.6 10260043business:PrivateLimitedCompanyLtd2024-01-012024-12-31 102600432023-12-31 102600432024-01-012024-12-31 10260043business:AuditExemptWithAccountantsReport2024-01-012024-12-31 10260043business:FilletedAccounts2024-01-012024-12-31 102600432024-12-31 10260043business:Director12024-01-012024-12-31 10260043business:RegisteredOffice2024-01-012024-12-31 102600432023-12-31 10260043core:WithinOneYear2024-12-31 10260043core:WithinOneYear2023-12-31 10260043core:AfterOneYear2024-12-31 10260043core:AfterOneYear2023-12-31 10260043core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10260043core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10260043core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10260043core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10260043core:PreviouslyStatedAmount2024-12-31 10260043core:PreviouslyStatedAmount2023-12-31 10260043business:SmallEntities2024-01-012024-12-31 10260043countries:EnglandWales2024-01-012024-12-31 10260043core:ComputerEquipment2024-01-012024-12-31 10260043core:ComputerEquipment2023-12-31 10260043core:ComputerEquipment2024-12-31 102600432023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10260043 (England and Wales)
MAV MEDICINE LIMITED Unaudited accounts for the year ended 31 December 2024
MAV MEDICINE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MAV MEDICINE LIMITED Company Information for the year ended 31 December 2024
Director
Muhammad Ali Virk
Company Number
10260043 (England and Wales)
Registered Office
6 ASHFURLONG ROAD SHEFFIELD S17 3NL ENGLAND
Accountants
SM Tax Solutions Ltd 115A Albert Road Sheffield S8 9QX
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MAV MEDICINE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
664 
885 
Current assets
Cash at bank and in hand
10,062 
112,887 
Creditors: amounts falling due within one year
5
90,742 
(11,954)
Net current assets
100,804 
100,933 
Total assets less current liabilities
101,468 
101,818 
Creditors: amounts falling due after more than one year
6
- 
(1,670)
Net assets
101,468 
100,148 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
101,467 
100,147 
Shareholders' funds
101,468 
100,148 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 September 2025 and were signed on its behalf by
Muhammad Ali Virk Director Company Registration No. 10260043
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MAV MEDICINE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MAV MEDICINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10260043. The registered office is 6 ASHFURLONG ROAD, SHEFFIELD, S17 3NL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing balance method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,099 
At 31 December 2024
2,099 
Depreciation
At 1 January 2024
1,214 
Charge for the year
221 
At 31 December 2024
1,435 
Net book value
At 31 December 2024
664 
At 31 December 2023
885 
Depreciation charege 25% Reducing Balance Method
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MAV MEDICINE LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
345 
4,744 
Loans from directors
(91,857)
7,210 
Accruals
770 
- 
(90,742)
11,954 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Accruals
- 
1,670 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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