Company Registration No. 11731871 (England and Wales)
Maple Build Ltd
Unaudited accounts
for the year ended 31 October 2024
Maple Build Ltd
Unaudited accounts
Contents
Maple Build Ltd
Company Information
for the year ended 31 October 2024
Directors
Ryan P Wells
Georgia J Lynch
Company Number
11731871 (England and Wales)
Registered Office
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
England
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
Maple Build Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
1,606
1,222,879
Cash at bank and in hand
38,708
5,405
Creditors: amounts falling due within one year
(35,000)
(327,558)
Net current assets/(liabilities)
142,335
(302,153)
Total assets less current liabilities
143,941
920,726
Creditors: amounts falling due after more than one year
-
(237,981)
Provisions for liabilities
Net assets
143,941
556,407
Called up share capital
20
20
Revaluation reserve
538,601
538,601
Capital redemption reserve
(538,601)
(538,601)
Profit and loss account
143,921
556,387
Shareholders' funds
143,941
556,407
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by
Ryan P Wells
Director
Company Registration No. 11731871
Maple Build Ltd
Notes to the Accounts
for the year ended 31 October 2024
Maple Build Ltd is a private company, limited by shares, registered in England and Wales, registration number 11731871. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
33% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Maple Build Ltd
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2023
1,220,470
9,485
1,229,955
Disposals
(1,220,470)
-
(1,220,470)
At 31 October 2024
-
9,485
9,485
At 1 November 2023
-
7,076
7,076
Charge for the year
-
803
803
At 31 October 2024
-
7,879
7,879
At 31 October 2024
-
1,606
1,606
At 31 October 2023
1,220,470
2,409
1,222,879
The investment property was valued during the year by the directors of the company on an open market basis. If the investment property had been included on a historical cost basis, the carrying amount would be £1,758,598.
Amounts falling due within one year
Other debtors
138,627
20,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
35,000
5,000
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).