MAF Property Limited - Accounts to registrar (filleted) - small 18.2

MAF Property Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 09269830 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2020

for

MAF Property Limited

MAF Property Limited (by shares) (Registered number: 09269830)






Contents of the Financial Statements
for the Year Ended 31 December 2020




Page

Company Information 1

Balance Sheet 2


MAF Property Limited (by shares)

Company Information
for the Year Ended 31 December 2020







DIRECTORS: D G Chapman
S K Chapman





REGISTERED OFFICE: 22 Maisies Way
The Village
South Normanton
Alfreton
Derbyshire
DE55 2DS





REGISTERED NUMBER: 09269830 (England and Wales)

MAF Property Limited (by shares) (Registered number: 09269830)

Balance Sheet
31 December 2020

2020 2019
£    £    £    £   
FIXED ASSETS 5,000 5,000

CURRENT ASSETS 399,971 221,867

CREDITORS
Amounts falling due within one year (388,493 ) (213,459 )
NET CURRENT ASSETS 11,478 8,408
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,478

13,408

CAPITAL AND RESERVES 16,478 13,408

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2019 - NIL).

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2020 and the period ended 31 December 2019:

2020 2019
£    £   
S K Chapman
Balance outstanding at start of year 110,695 18,923
Amounts advanced 129,128 181,772
Amounts repaid (40,000 ) (90,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 199,823 110,695

D G Chapman
Balance outstanding at start of year 110,696 18,923
Amounts advanced 129,127 181,773
Amounts repaid (40,000 ) (90,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 199,823 110,696



MAF Property Limited (by shares) (Registered number: 09269830)

Balance Sheet - continued
31 December 2020


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements 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.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2021 and were signed on its behalf by:





S K Chapman - Director