Registered number
08527603
MAKFRY UK LTD
Filleted Accounts
31 May 2024
MAKFRY UK LTD
Registered number: 08527603
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 31,274 16,993
Current assets
Stocks 35,500 58,550
Debtors 4 132,161 39,972
Cash at bank and in hand 42,320 163,910
209,981 262,432
Creditors: amounts falling due within one year 5 (194,126) (230,684)
Net current assets 15,855 31,748
Total assets less current liabilities 47,129 48,741
Creditors: amounts falling due after more than one year 6 (21,741) (31,865)
Net assets 25,388 16,876
Capital and reserves
Called up share capital 100 100
Profit and loss account 25,288 16,776
Shareholder's funds 25,388 16,876
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Ruhi Ozcan Duzel
Director
Approved by the board on 8 August 2024
MAKFRY UK LTD
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 7 7
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 6,200 18,750 24,950
Additions - 22,100 22,100
At 31 May 2024 6,200 40,850 47,050
Depreciation
At 1 June 2023 4,207 3,750 7,957
Charge for the year 399 7,420 7,819
At 31 May 2024 4,606 11,170 15,776
Net book value
At 31 May 2024 1,594 29,680 31,274
At 31 May 2023 1,993 15,000 16,993
4 Debtors 2024 2023
£ £
Trade debtors 35,841 6,196
Amounts owed by group undertakings and undertakings in which the company has a participating interest 82,000 -
Other debtors 14,320 33,776
132,161 39,972
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 129,170 129,112
Taxation and social security costs 18,379 25,271
Other creditors 46,577 76,301
194,126 230,684
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 21,741 31,865
7 Other information
MAKFRY UK LTD is a private company limited by shares and incorporated in England. Its registered office is:
Northfield House Farm
Rugby Road
Cotesbach
Lutterworth
LE17 4HS
MAKFRY UK LTD 08527603 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts April 2024 Mr Ruhi Ozcan Duzel No description of principal activity 08527603 2022-06-01 2023-05-31 08527603 core:WithinOneYear 2023-05-31 08527603 core:AfterOneYear 2023-05-31 08527603 core:ShareCapital 2023-05-31 08527603 core:RetainedEarningsAccumulatedLosses 2023-05-31 08527603 2023-06-01 2024-05-31 08527603 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08527603 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08527603 bus:Director40 2023-06-01 2024-05-31 08527603 core:PlantMachinery 2023-06-01 2024-05-31 08527603 core:Vehicles 2023-06-01 2024-05-31 08527603 countries:England 2023-06-01 2024-05-31 08527603 bus:FRS102 2023-06-01 2024-05-31 08527603 bus:FilletedAccounts 2023-06-01 2024-05-31 08527603 2024-05-31 08527603 core:WithinOneYear 2024-05-31 08527603 core:AfterOneYear 2024-05-31 08527603 core:ShareCapital 2024-05-31 08527603 core:RetainedEarningsAccumulatedLosses 2024-05-31 08527603 core:PlantMachinery 2024-05-31 08527603 core:Vehicles 2024-05-31 08527603 2023-05-31 08527603 core:PlantMachinery 2023-05-31 08527603 core:Vehicles 2023-05-31 iso4217:GBP xbrli:pure