Registration number: 14430833

Maxa Consultancy Limited

Contents

Company Information	1
Balance Sheet	2
Statement of Cash Flows	3
Notes to the Unaudited Financial Statements	4 to 8

Maxa Consultancy Limited

Company Information

Directors

Dr James Matthew Milligan Rebecca Denise Milligan

Registered office

45 Barnards Hill Marlow Buckinghamshire SL7 2NX

Accountants

Andrew John Fraser 2 Bisham House Woodside Gardens Marlow Buckinghamshire SL7 1FQ

Maxa Consultancy Limited

(Registration number: 14430833)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	11,818	22,307
Current assets
Debtors	5	38,000	76,106
Cash at bank and in hand		12,053	70,405
		50,053	146,511
Creditors: Amounts falling due within one year	6	(4,698)	(54,246)
Net current assets		45,355	92,265
Net assets		57,173	114,572
Capital and reserves
Called up share capital	7	2	2
Retained earnings		57,171	114,570
Shareholders' funds		57,173	114,572

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 February 2026 and signed on its behalf by:
 

......................................... Dr James Matthew Milligan Director

......................................... Rebecca Denise Milligan Director

Maxa Consultancy Limited

Statement of Cash Flows for the Year Ended 31 October 2025

	Note	2025 £	2024 £
Cash flows from operating activities
(Loss)/profit for the year		(17,399)	179,024
Adjustments to cash flows from non-cash items
Depreciation and amortisation		7,553	7,792
Profit on disposal of tangible assets		(1,096)	-
Income tax expense		(4,707)	54,247
		(15,649)	241,063
Working capital adjustments
Decrease/(increase) in trade debtors	5	42,813	(50,168)
Increase/(decrease) in trade creditors	6	4,668	(9,621)
Cash generated from operations		31,832	181,274
Income taxes paid		(54,216)	(10,989)
Net cash flow from operating activities		(22,384)	170,285
Cash flows from investing activities
Acquisitions of tangible assets		(3,720)	(11,824)
Proceeds from sale of tangible assets		7,752	-
Net cash flows from investing activities		4,032	(11,824)
Cash flows from financing activities
Dividends paid		(40,000)	(128,078)
Net (decrease)/increase in cash and cash equivalents		(58,352)	30,383
Cash and cash equivalents at 1 November		70,405	40,022
Cash and cash equivalents at 31 October		12,053	70,405

Maxa Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
45 Barnards Hill
Marlow
Buckinghamshire
SL7 2NX
England

These financial statements were authorised for issue by the Board on 6 February 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Maxa Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	Straight-Line, 33.33%
Plant and machinery	Straight-Line, 33.33%
Furniture and fittings	Straight-Line, 20.00%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Maxa Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Maxa Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 November 2024	4,594	15,651	11,047	31,292
Additions	-	-	3,720	3,720
Disposals	-	(8,582)	(2,011)	(10,593)
At 31 October 2025	4,594	7,069	12,756	24,419
Depreciation
At 1 November 2024	714	5,414	2,857	8,985
Charge for the year	1,224	2,512	3,817	7,553
Eliminated on disposal	-	(3,043)	(894)	(3,937)
At 31 October 2025	1,938	4,883	5,780	12,601
Carrying amount
At 31 October 2025	2,656	2,186	6,976	11,818
At 31 October 2024	3,880	10,237	8,190	22,307

5

Debtors

Current	2025 £	2024 £
Trade debtors	4,843	56,103
Other debtors	33,157	20,003
	38,000	76,106

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	4,698	54,247
Other creditors	-	(1)
	4,698	54,246

Maxa Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

8

Dividends

Final dividends paid

		2025 £		2024 £
Final dividend of £20,000.00 (2024 - £64,079.00) per each Ordinary shares		(40,000)		(128,078)

9	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	34,486	48,165