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REGISTERED NUMBER: 02992152 (England and Wales)












REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

MACBOURT LIMITED

MACBOURT LIMITED (REGISTERED NUMBER: 02992152)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 5


MACBOURT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2023







DIRECTOR: S J McClafferty





SECRETARY: Mrs L E McClafferty





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 02992152 (England and Wales)





ACCOUNTANTS: Cook and Partners Limited
Chartered Accountants
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

MACBOURT LIMITED (REGISTERED NUMBER: 02992152)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31ST JANUARY 2023

The director presents his report with the financial statements of the company for the year ended 31st January 2023.

DIRECTOR
S J McClafferty held office during the whole of the period from 1st February 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S J McClafferty - Director


20th October 2023

MACBOURT LIMITED (REGISTERED NUMBER: 02992152)

BALANCE SHEET
31ST JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,011,500 1,011,500

CURRENT ASSETS
Debtors 5 5,444 6,330
Cash at bank 13,642 15,947
19,086 22,277
CREDITORS
Amounts falling due within one year 6 588,653 612,247
NET CURRENT LIABILITIES (569,567 ) (589,970 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

441,933

421,530

CREDITORS
Amounts falling due after more than one
year

7

337,465

337,465
NET ASSETS 104,468 84,065

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 104,368 83,965
SHAREHOLDERS' FUNDS 104,468 84,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

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.

MACBOURT LIMITED (REGISTERED NUMBER: 02992152)

BALANCE SHEET - continued
31ST JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th October 2023 and were signed by:





S J McClafferty - Director


MACBOURT LIMITED (REGISTERED NUMBER: 02992152)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023

1. STATUTORY INFORMATION

Macbourt Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Accounting convention
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern Justification
The director has assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The director has not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st January 2023 have been prepared using the going concern basis of accounting.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Investments
The investments are shown at most recent valuation. Any movements in fair value are recognised in arriving at the profit before tax figure.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

MACBOURT LIMITED (REGISTERED NUMBER: 02992152)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st February 2022
and 31st January 2023 1,011,500
NET BOOK VALUE
At 31st January 2023 1,011,500
At 31st January 2022 1,011,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,332 1,457
Other debtors 1,000 1,000
Tax 3,112 3,112
VAT - 761
5,444 6,330

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,723 6,912
Corporation tax 4,786 -
VAT 52 -
Other creditors 4,791 5,311
Directors' current accounts 562,951 590,674
Accrued expenses 9,350 9,350
588,653 612,247

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yrs non-inst 337,465 337,465

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 337,465 337,465

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 337,465 337,465