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Company Registration No. SC725662 (Scotland)
MAV LTD Unaudited accounts for the year ended 31 March 2025
MAV LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MAV LTD Company Information for the year ended 31 March 2025
Director
Andrew Vandal
Company Number
SC725662 (Scotland)
Registered Office
34 NEWMARKET STREET AYR KA7 1LP SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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MAV LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
26,600
30,400
Current assets
Cash at bank and in hand
7,780
2,816
Creditors: amounts falling due within one year
5
(3,600)
(2,400)
Net current assets
4,180
416
Total assets less current liabilities
30,780
30,816
Creditors: amounts falling due after more than one year
6
(4,025)
(14,520)
Net assets
26,755
16,296
Capital and reserves
Called up share capital
100
100
Profit and loss account
26,655
16,196
Shareholders' funds
26,755
16,296
For the year ending 31 March 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 February 2026 and were signed on its behalf by
Andrew Vandal Director Company Registration No. SC725662
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MAV LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MAV LTD is a private company, limited by shares, registered in Scotland, registration number SC725662. The registered office is 34 NEWMARKET STREET, AYR, KA7 1LP, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
38,000
At 31 March 2025
38,000
Depreciation
At 1 April 2024
7,600
Charge for the year
3,800
At 31 March 2025
11,400
Net book value
At 31 March 2025
26,600
At 31 March 2024
30,400
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,400
-
Accruals
1,200
2,400
3,600
2,400
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MAV LTD Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
4,025
14,520
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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