MAC ELECTRONICS LIMITED

Company Registration Number:
10480730 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

MAC ELECTRONICS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MAC ELECTRONICS LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Marian CORODEANU
Registered office: 206
Grange Road
Coventry
GBR
CV6 6DA
Company Registration Number: 10480730 (England and Wales)

MAC ELECTRONICS LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

Machinining Maintenance and repair of motor vehicles Other business support service activities not elsewhere classified Repair of furniture and home furnishings

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Marian CORODEANU

This report was approved by the board of directors on 6 March 2024
And Signed On Behalf Of The Board By:

Name: Marian CORODEANU
Status: Director

MAC ELECTRONICS LIMITED

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Turnover 63,262 60,085
Cost of sales ( 4,552 ) ( 8,429 )
Gross Profit or (Loss) 58,710 51,656
Administrative Expenses ( 48,053 ) ( 39,746 )
Operating Profit or (Loss) 10,657 11,910
Profit or (Loss) Before Tax 10,657 11,910
Tax on Profit ( 2,025 ) ( 2,263 )
Profit or (Loss) for Period 8,632 9,647

The notes form part of these financial statements

MAC ELECTRONICS LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 34,222 50,650
Cash at bank and in hand: 3,359 865
Total current assets: 37,581 51,515
Creditors: amounts falling due within one year: 6 ( 2,992 ) ( 3,298 )
Net current assets (liabilities): 34,589 48,217
Total assets less current liabilities: 34,589 48,217
Creditors: amounts falling due after more than one year: 7 ( 27,149 ) ( 41,610 )
Total net assets (liabilities): 7,440 6,607

The notes form part of these financial statements

MAC ELECTRONICS LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,340 6,507
Shareholders funds: 7,440 6,607

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 6 March 2024
And Signed On Behalf Of The Board By:

Name: Marian CORODEANU
Status: Director

The notes form part of these financial statements

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Dividends


2023
£

2022
£
Dividends paid 8,000 6,000

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Debtors


2023
£

2022
£
Other debtors 34,222 50,650
Total 34,222 50,650

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 2,992 3,298
Total 2,992 3,298

MAC ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 27,149 41,610
Total 27,149 41,610