MAIB Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 12961147

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		427,186		427,186

			427,186		427,186
CURRENT ASSETS
Debtors	5	10,000		10,000
Cash at bank and in hand		35,472		6,789

		45,472		16,789
Creditors: Amounts Falling Due Within One Year	6	(469,297 )		(436,795 )

NET CURRENT ASSETS (LIABILITIES)			(423,825 )		(420,006 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,361		7,180

NET ASSETS			3,361		7,180

CAPITAL AND RESERVES
Called up share capital	7		10,000		10,000
Profit and Loss Account			(6,639 )		(2,820 )

SHAREHOLDERS' FUNDS			3,361		7,180

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dario Lopez

Director

28/10/2025

The notes on page 2 form part of these financial statements.

1. General Information

MAIB Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12961147 . The registered office is Suite 17, Essex House, Station Road, Upminister, Essex, RM14 2SJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Investment Property

	2024
	£
Fair Value
As at 1 November 2023 and 31 October 2024	427,186

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	10,000	10,000

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	-	1,999
Bank loans and overdrafts	239,000	239,000
Other creditors	229,781	195,280
Taxation and social security	516	516

	469,297	436,795

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10,000	10,000