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REGISTERED NUMBER: 09299318 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

MacNeil's Smoke House Ltd.

MacNeil's Smoke House Ltd. (Registered number: 09299318)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MacNeil's Smoke House Ltd.

Company Information
for the Year Ended 31 March 2023







DIRECTOR: A M Macneil





SECRETARY:





REGISTERED OFFICE: Unit 338 Rushock Trading Estate
Droitwich
Worcestershire
WR9 0NR





REGISTERED NUMBER: 09299318 (England and Wales)





ACCOUNTANTS: R J Francis & Co
Suites 1 & 2
Marshall Business Centre
Faraday Road
Hereford
Herefordshire
HR4 9NS

MacNeil's Smoke House Ltd. (Registered number: 09299318)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,603 65,649

CURRENT ASSETS
Stocks 9,969 8,140
Debtors 5 40,449 42,014
Cash at bank and in hand 2,656 330
53,074 50,484
CREDITORS
Amounts falling due within one year 6 95,458 77,339
NET CURRENT LIABILITIES (42,384 ) (26,855 )
TOTAL ASSETS LESS CURRENT LIABILITIES 24,219 38,794

CREDITORS
Amounts falling due after more than one
year

7

96,329

42,485
NET LIABILITIES (72,110 ) (3,691 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (72,210 ) (3,791 )
(72,110 ) (3,691 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

MacNeil's Smoke House Ltd. (Registered number: 09299318)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2023 and were signed by:





A M Macneil - Director


MacNeil's Smoke House Ltd. (Registered number: 09299318)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

MacNeil's Smoke House Ltd. 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.

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.
Fixtures and fittings - 7.5% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

MacNeil's Smoke House Ltd. (Registered number: 09299318)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2022 88,933 6,430 95,363
Additions 5,503 2,549 8,052
At 31 March 2023 94,436 8,979 103,415
DEPRECIATION
At 1 April 2022 29,714 - 29,714
Charge for year 4,853 2,245 7,098
At 31 March 2023 34,567 2,245 36,812
NET BOOK VALUE
At 31 March 2023 59,869 6,734 66,603
At 31 March 2022 59,219 6,430 65,649

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,932 35,356
Other debtors 7,517 6,658
40,449 42,014

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 28,643 27,231
Trade creditors 64,173 42,978
Taxation and social security 1,056 5,648
Other creditors 1,586 1,482
95,458 77,339

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 96,329 42,485