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Company Registration No. 10935906 (England and Wales)
Mac Drive Ltd Unaudited accounts for the year ended 31 August 2018
Mac Drive Ltd Unaudited accounts Contents
Page
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Mac Drive Ltd Company Information for the year ended 31 August 2018
Director
Maciej Jagiela
Company Number
10935906 (England and Wales)
Registered Office
12 SANDFORD AVENUE LONG EATON NOTTINGHAM NG10 1BQ ENGLAND
Accountants
Bileri Accountants Ltd 36 Billing Road Office 2 Northampton NN1 5DQ
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Mac Drive Ltd Statement of financial position as at 31 August 2018
2018 
Notes
£ 
Fixed assets
Tangible assets
9,388 
Current assets
Cash at bank and in hand
2,546 
Creditors: amounts falling due within one year
(5,345)
Net current liabilities
(2,799)
Total assets less current liabilities
6,589 
Provisions for liabilities
Deferred tax
(1,784)
Net assets
4,805 
Capital and reserves
Called up share capital
1 
Profit and loss account
4,804 
Shareholders' funds
4,805 
For the year ending 31 August 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 November 2018.
Maciej Jagiela Director Company Registration No. 10935906
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Mac Drive Ltd Notes to the Accounts for the year ended 31 August 2018
1
Statutory information
Mac Drive Ltd is a private company, limited by shares, registered in England and Wales, registration number 10935906. The registered office is 12 SANDFORD AVENUE, LONG EATON, NOTTINGHAM, NG10 1BQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
Deferred taxation
Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 September 2017
- 
Additions
12,517 
At 31 August 2018
12,517 
Depreciation
Charge for the year
3,129 
At 31 August 2018
3,129 
Net book value
At 31 August 2018
9,388 
5
Creditors: amounts falling due within one year
2018 
£ 
Taxes and social security
5,345 
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Mac Drive Ltd Notes to the Accounts for the year ended 31 August 2018
6
Share capital
2018 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
7
Average number of employees
During the year the average number of employees was 2.
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