Maven3 Limited 31/03/2025 iXBRL

Company registration number: 05059911

MAVEN3 LIMITED

UNAUDITED FILLETED FINANCIAL STATEMENTS

31 March 2025

MAVEN3 LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

MAVEN3 LIMITED

DIRECTORS AND OTHER INFORMATION


	Director	Mr M D Haynes


	Company number	05059911


	Registered office	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Business address	The Willows
		Trelydan
		Welshpool
		Powys
		SY21 9HL


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

MAVEN3 LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MAVEN3 LIMITED

YEAR ENDED 31ST MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Maven3 Limited for the year ended 31 March 2025 as set out on pages 5 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Maven3 Limited, as a body, in accordance with the terms of our engagement letter dated 18 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Maven3 Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Maven3 Limited and its director as a body for our work or for this report.

It is your duty to ensure that Maven3 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Maven3 Limited. You consider that Maven3 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Maven3 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

21 October 2025

MAVEN3 LIMITED

STATEMENT OF FINANCIAL POSITION

31ST MARCH 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	527		704
		_______		_______
			527		704

Current assets
Stocks		983		200
Debtors	6	3,434		3,288
Cash at bank and in hand		28,479		24,762
		_______		_______
		32,896		28,250
Creditors: amounts falling due
within one year	7	( 17,737)		( 15,285)
		_______		_______
Net current assets			15,159		12,965
			_______		_______
Total assets less current liabilities			15,686		13,669


Provisions for liabilities			( 100)		( 134)

			_______		_______
Net assets			15,586		13,535
			_______		_______

Capital and reserves
Called up share capital			3		3
Profit and loss account			15,583		13,532
			_______		_______
Shareholder funds			15,586		13,535
			_______		_______

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.

Director's responsibilities:

- The member has 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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

These financial statements were approved by the board of directors and authorised for issue on 14 October 2025 , and are signed on behalf of the board by:

Mr M D Haynes

Director

Company registration number: 05059911

MAVEN3 LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST MARCH 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	3	14,812	14,815

Profit/(loss) for the year		( 280)	( 280)
	_______	_______	_______
Total comprehensive income for the year	-	( 280)	( 280)

Dividends paid and payable		( 1,000)	( 1,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 1,000)	( 1,000)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	3	13,532	13,535

Profit/(loss) for the year		2,551	2,551
	_______	_______	_______
Total comprehensive income for the year	-	2,551	2,551

Dividends paid and payable		( 500)	( 500)
	_______	_______	_______
Total investments by and distributions to owners	-	( 500)	( 500)

	_______	_______	_______
At 31 March 2025	3	15,583	15,586
	_______	_______	_______

MAVEN3 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

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


Fittings fixtures and equipment	-	25 %	reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	1,422	1,422
	_______	_______
Depreciation
At 1 April 2024	719	719
Charge for the year	176	176
	_______	_______
At 31 March 2025	895	895
	_______	_______
Carrying amount
At 31 March 2025	527	527
	_______	_______
At 31 March 2024	703	703
	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	3,218	3,267
Other debtors	216	21
	_______	_______
	3,434	3,288
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	632	-
Social security and other taxes	-	632
Other creditors	17,105	14,653
	_______	_______
	17,737	15,285
	_______	_______