Registered Number 12136738

MAEGUEMECHS LIMITED

Micro-entity Accounts

31 August 2025

MAEGUEMECHS LIMITED Registered Number 12136738

Micro-entity Balance Sheet as at 31 August 2025

Notes 2025 2024
£ £
Called up share capital not paid
10,000
10,000
Fixed Assets
60,000
62,000
Current Assets
7,500
5,500
Creditors: amounts falling due within one year
(5,500)
(1,600)
Net current assets (liabilities)
2,000
3,900
Total assets less current liabilities
72,000
75,900
Provisions for liabilities
(2,500)
(500)
Accruals and deferred income
(4,000)
(1,500)
Total net assets (liabilities)
65,500
73,900
Capital and reserves
65,500
73,900
  • For the year ending 31 August 2025 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 December 2025

And signed on their behalf by:
Joseph Ssebbowa MAWEJJE, Director

MAEGUEMECHS LIMITED Registered Number 12136738

Notes to the Micro-entity Accounts for the period ended 31 August 2025

1Employees
2025 2024
Average number of employees during the period 3 3

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation has been provide at the following rates in order to write off assets over their estimated useful lives. Test Motor vehicles and bought-in conversion parts 20% Straight line, Office Equipment 25% straight line, Plant and Machinery 20 % Straight line

Intangible assets amortisation policy
Intangible assets include the current stock of Patent/IP-registration pending prototype design and proof of concept engineering work, amortisation of which is based on competitive market valuation of similar or closely related products. However conservative estimates are also provided to reflect general risk and liability that may be expected to hold these being newer , unconventional technologies on the market still subject to proofing in practice