Mappex_UK_Ltd_30_Apr_2025_companies_house_set_of

Mappex UK Ltd

Statement of Financial Position

30 April 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	75,720		-
Current assets
Debtors	6	8,213		18,343
Cash at bank and in hand		1,035		1,849
		9,248		20,192
Creditors: amounts falling due within one year	7	(79,310	)	(18,935	)
Net current (liabilities)/assets		(70,062	)	1,257
Total assets less current liabilities		5,658		1,257
Creditors: amounts falling due after more than one year	8	(48,339	)	-
Net (liabilities)/assets		(42,681	)	1,257
Capital and reserves
Called up share capital		3		3
Profit and loss account		(42,684	)	1,254
Shareholders (deficit)/funds		(42,681	)	1,257

For the year ending

30 April 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

financial statements

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

In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.

These

financial statements

were approved by the board of directors and authorised for issue on

9 January 2026

, and are signed on behalf of the board by:

Mr. S Mapps

Director

Company registration number:

14809901

Mappex UK Ltd

Notes to the Financial Statements

Year ended

30 April 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Bramhall House 14 Ack Lane East

Bramhall

Stockport

Cheshire

SK7 2BY

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Going concern

The director has confirmed that he will continue to give financial support to the company until such time as its position improves. The director considers that it is appropriate to prepare the financial statements on a going concern basis.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	20% straight line
Motor vehicles	25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

1.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 May 2024	-
Additions	86,355
At 30 April 2025	86,355
Depreciation
At 1 May 2024	-
Charge	10,635
At 30 April 2025	10,635
Carrying amount
At 30 April 2025	75,720
At 30 April 2024	-

6 Debtors

	2025	2024
	£	£
Trade debtors	810	16,740
Other debtors	7,403	1,603
	8,213	18,343

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	14,107	-
Trade creditors	11,433	666
Taxation and social security	-	18,269
Other creditors	53,770	-
	79,310	18,935

8 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	48,339		-