Maximum Properties Limited - Filleted accounts

Registered number

02861611

Maximum Properties Limited

Unaudited Filleted Accounts

31 March 2025

Maximum Properties Limited
Registered number:		02861611
Balance Sheet
as at 31 March 2025

Notes		2025			2024
£			£	£		£

Fixed assets
Tangible assets	3		853,172			853,241

Current assets
Cash at bank and in hand		38,095			12,715

Creditors: amounts falling due within one year	4	(179,913)			(185,087)

Net current liabilities			(141,818)			(172,372)

Net assets			711,354			680,869

Capital and reserves
Called up share capital			1			1
Profit and loss account			711,353			680,868

Shareholder's funds			711,354			680,869

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.





Mrs Pui Yin Chu
Director
Approved by the board on 31 December 2025

Maximum Properties Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes in respect of the ordinary activities.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land and buildings	nil
	Plant and machinery	25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	852,897		459		853,356
	At 31 March 2025	852,897		459		853,356

	Depreciation
	At 1 April 2024	-		115		115
	Charge for the year	-		69		69
	At 31 March 2025	-		184		184

	Net book value
	At 31 March 2025	852,897		275		853,172
	At 31 March 2024	852,897		344		853,241


4	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			7,284		6,539
	Other creditors			172,629		178,548
				179,913		185,087


5	Other information

	Maximum Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	1st Floor, 267 High Road
	Leyton
	London
	E10 5QN