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REGISTERED NUMBER: 02065285 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

MACARI'S MAIDENHEAD LIMITED

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MACARI'S MAIDENHEAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: O M Macari
Mrs M Macari
G M Macari
B T Macari
P S Macari



SECRETARY: O M Macari



REGISTERED OFFICE: 5 Cheapside Court
Sunninghill Road
Ascot
Berkshire
SL5 7RF



REGISTERED NUMBER: 02065285 (England and Wales)



ACCOUNTANTS: Minerva Accountants Ltd
5 Cheapside Court
Sunninghill Road
Ascot
Berkshire
SL5 7RF



BANKERS: HSBC
35 High Street
Maidenhead
Berkshire
SL6 1JQ

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,419,199 2,437,353
Investments 5 6,355 7,564
2,425,554 2,444,917

CURRENT ASSETS
Debtors 6 14,867 13,851
Cash at bank and in hand 442,235 554,624
457,102 568,475
CREDITORS
Amounts falling due within one year 7 82,800 129,920
NET CURRENT ASSETS 374,302 438,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,799,856

2,883,472

PROVISIONS FOR LIABILITIES 17,254 17,965
NET ASSETS 2,782,602 2,865,507

CAPITAL AND RESERVES
Called up share capital 103 2
Share premium 1,609 1,609
Retained earnings 2,780,890 2,863,896
SHAREHOLDERS' FUNDS 2,782,602 2,865,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





Mrs M Macari - Director


MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Macari's Maidenhead 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

Basis of preparing the financial statements
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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Short leasehold - in accordance with the property
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Short to
property leasehold property
£    £    £   
COST OR VALUATION
At 1 May 2022 2,360,309 13,635 15,361
Additions - - -
Disposals - - -
At 30 April 2023 2,360,309 13,635 15,361
DEPRECIATION
At 1 May 2022 - 13,635 15,361
Charge for year - - -
Eliminated on disposal - - -
At 30 April 2023 - 13,635 15,361
NET BOOK VALUE
At 30 April 2023 2,360,309 - -
At 30 April 2022 2,360,309 - -

Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST OR VALUATION
At 1 May 2022 190,582 18,776 2,598,663
Additions 9,000 - 9,000
Disposals (33,348 ) - (33,348 )
At 30 April 2023 166,234 18,776 2,574,315
DEPRECIATION
At 1 May 2022 115,269 17,045 161,310
Charge for year 16,767 260 17,027
Eliminated on disposal (23,221 ) - (23,221 )
At 30 April 2023 108,815 17,305 155,116
NET BOOK VALUE
At 30 April 2023 57,419 1,471 2,419,199
At 30 April 2022 75,313 1,731 2,437,353

Cost or valuation at 30 April 2023 is represented by:

Improvements
Freehold Short to
property leasehold property
£    £    £   
Valuation in 2023 450,575 - -
Cost 1,909,734 13,635 15,361
2,360,309 13,635 15,361

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS - continued

Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Valuation in 2023 - - 450,575
Cost 166,234 18,776 2,123,740
166,234 18,776 2,574,315

If the freehold properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 1,909,734 1,909,734

Freehold properties were valued on an open market basis on 30 April 2023 by the directors .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2022 7,564
Impairments (1,209 )
At 30 April 2023 6,355
NET BOOK VALUE
At 30 April 2023 6,355
At 30 April 2022 7,564

Cost or valuation at 30 April 2023 is represented by:

Other
investments
£   
Valuation in 2023 6,355

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 14,867 13,851

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 1
Taxation and social security 51,995 105,434
Other creditors 30,805 24,485
82,800 129,920

8. ULTIMATE CONTROLLING PARTY

Throughout the current and previous year, Mr & Mrs Macari, the directors', controlled the company by virtue of holding the majority of the issued ordinary share capital.