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Company Registration No. 02399168 (England and Wales)
The Maxim Design Group Limited Unaudited accounts for the year ended 31 August 2025
The Maxim Design Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
The Maxim Design Group Limited Company Information for the year ended 31 August 2025
Directors
Paul Dean Gary Souter
Company Number
02399168 (England and Wales)
- 3 -
The Maxim Design Group Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
2,490
-
Current assets
Inventories
41,515
58,735
Debtors
6
12,465
23,878
Cash at bank and in hand
91,552
158,086
145,532
240,699
Creditors: amounts falling due within one year
7
(130,854)
(214,154)
Net current assets
14,678
26,545
Total assets less current liabilities
17,168
26,545
Creditors: amounts falling due after more than one year
8
(4,351)
(14,353)
Net assets
12,817
12,192
Capital and reserves
Called up share capital
50
50
Profit and loss account
12,767
12,142
Shareholders' funds
12,817
12,192
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 19 May 2026 and were signed on its behalf by
Paul Dean Director Company Registration No. 02399168
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The Maxim Design Group Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
The Maxim Design Group Limited is a private company, limited by shares, registered in England and Wales, registration number 02399168.
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
20% SL
Fixtures & fittings
20% SL
Computer equipment
20% SL
4
Intangible fixed assets
Other
£
Cost
At 1 September 2024
124,852
At 31 August 2025
124,852
Amortisation
At 1 September 2024
124,852
At 31 August 2025
124,852
Net book value
At 31 August 2025
-
- 5 -
The Maxim Design Group Limited Notes to the Accounts for the year ended 31 August 2025
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
170,868
81,193
97,198
349,259
Additions
-
-
2,490
2,490
At 31 August 2025
170,868
81,193
99,688
351,749
Depreciation
At 1 September 2024
170,868
81,193
97,198
349,259
At 31 August 2025
170,868
81,193
97,198
349,259
Net book value
At 31 August 2025
-
-
2,490
2,490
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
12,340
23,248
Accrued income and prepayments
125
630
12,465
23,878
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,644
10,644
VAT
2,023
2,987
Trade creditors
18,296
12,653
Taxes and social security
(9,502)
(10,193)
Other creditors
100
-
Accruals
109,293
198,063
130,854
214,154
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
4,351
14,353
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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