MAP 01 Ltd - Accounts to registrar (filleted) - small 18.2
MAP 01 Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 October 2020 |
| for |
| MAP 01 LTD |
| MAP 01 LTD (REGISTERED NUMBER: 11641849) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| MAP 01 LTD |
| Company Information |
| for the Year Ended 31 October 2020 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 42 Lytton Road |
| Barnet |
| Hertfordshire |
| EN5 5BY |
| MAP 01 LTD (REGISTERED NUMBER: 11641849) |
| Balance Sheet |
| 31 October 2020 |
| 31.10.20 | 31.10.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| MAP 01 LTD (REGISTERED NUMBER: 11641849) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2020 |
| 1. | STATUTORY INFORMATION |
| MAP 01 Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Going concern |
| The financial statements are prepared on a going concern basis as the director considers that it has access to the resources required as the company is being supported by the director, who is not looking to withdraw funds within the next 12 months. Due to the company's continued support of the director and business model the going concern of the company is not impacted by Covid 19. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - NIL). |
| MAP 01 LTD (REGISTERED NUMBER: 11641849) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| Additions |
| At 31 October 2020 |
| DEPRECIATION |
| Charge for year |
| At 31 October 2020 |
| NET BOOK VALUE |
| At 31 October 2020 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| Additions |
| At 31 October 2020 |
| NET BOOK VALUE |
| At 31 October 2020 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.20 | 31.10.19 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.20 | 31.10.19 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| MAP 01 LTD (REGISTERED NUMBER: 11641849) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2020 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.20 | 31.10.19 |
| value: | £ | £ |
| A Ordinary | £1 | 1 | 1 |
| B Ordinary | £1 | 1,000 | 1,000 |
| C Ordinary | £1 | 1,000 | 1,000 |
| D Ordinary | £1 | 1,000 | 1,000 |
| E Ordinary | £1 | 1,000 | 1,000 |
| 1,000 | F Ordinary | £1 | 1,000 | 1,000 |
| 1,000 | G Ordinary | £1 | 1,000 | 1,000 |
| 6,001 | 6,001 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 November 2019 | ( |
) |
| Profit for the year |
| At 31 October 2020 |
| 10. | RELATED PARTY DISCLOSURES |
| As at the balance sheet, included in creditors due within one year £247,749 (2019 - £95,449) due to the director. The amount is interest free and repayable on demand. |