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Registered number: 07444144
Maryland Care Agency Limited
Financial Statements
For The Year Ended 30 November 2024
Samuelsons & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07444144
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 380 647
380 647
CURRENT ASSETS
Debtors 5 - 6,212
Cash at bank and in hand 42 16,788
42 23,000
Creditors: Amounts Falling Due Within One Year 6 (2,786 ) (1,200 )
NET CURRENT ASSETS (LIABILITIES) (2,744 ) 21,800
TOTAL ASSETS LESS CURRENT LIABILITIES (2,364 ) 22,447
NET (LIABILITIES)/ASSETS (2,364 ) 22,447
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (2,366 ) 22,445
SHAREHOLDERS' FUNDS (2,364) 22,447
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Mary Nyarko Antwi
Director
11/11/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Maryland Care Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07444144 . The registered office is 102 Rathbone Street, Canning Town, London, E16 1JQ.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 1,717 1,695 5,592 9,004
As at 30 November 2024 1,717 1,695 5,592 9,004
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 December 2023 1,500 1,337 5,520 8,357
Provided during the period 54 143 70 267
As at 30 November 2024 1,554 1,480 5,590 8,624
Net Book Value
As at 30 November 2024 163 215 2 380
As at 1 December 2023 217 358 72 647
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 6,212
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,786 1,200
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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