REGISTERED NUMBER: 01355601 (England and Wales)

Maysmead Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

5

DIRECTOR:

Miss E J B Phillips

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

01355601 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Coutts & Co

440 Strand

London

WC2R 0QS

FIXED ASSETS

Tangible assets

5

1,917

1,639

Investment property

6

112,466

-

114,383

1,639

CURRENT ASSETS

Debtors

763

210

Investments

197,998

167,779

Cash at bank

27,166

170,762

225,927

338,751

CREDITORS

Amounts falling due within one year

28,116

12,824

NET CURRENT ASSETS

197,811

325,927

TOTAL ASSETS LESS CURRENT LIABILITIES

312,194

327,566

PROVISIONS FOR LIABILITIES

364

311

NET ASSETS

311,830

327,255

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

311,730

327,155

SHAREHOLDERS' FUNDS

311,830

327,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

Miss E J B Phillips - Director

1.	STATUTORY INFORMATION

Maysmead Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

36,773

Additions

868

At 31 March 2025

37,641

DEPRECIATION

At 1 April 2024

35,134

Charge for year

590

At 31 March 2025

35,724

NET BOOK VALUE

At 31 March 2025

1,917

At 31 March 2024

1,639

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

112,466

At 31 March 2025

112,466

NET BOOK VALUE

At 31 March 2025

112,466

Fixed assets, included in the above, which are held under finance leases are as follows:

Total

£

FAIR VALUE

Additions

112,466

At 31 March 2025

112,466

NET BOOK VALUE

At 31 March 2025

112,466