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REGISTERED NUMBER: 10585935 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2023 to 31 December 2023

for

Macgregor Black Limited

Macgregor Black Limited (Registered number: 10585935)






Contents of the Financial Statements
for the Period 1 February 2023 to 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Macgregor Black Limited

Company Information
for the Period 1 February 2023 to 31 December 2023







DIRECTOR: J Mcneish





REGISTERED OFFICE: Beechfield Martin Croft Road
Haslingden
Rossendale
BB4 5BP





REGISTERED NUMBER: 10585935 (England and Wales)





ACCOUNTANTS: Search Accountancy Limited
The Junction
Charles Street
Horbury
Wakefield
West Yorkshire
WF4 5FH

Macgregor Black Limited (Registered number: 10585935)

Statement of Financial Position
31 December 2023

31.12.23 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 117,054 66,625

CURRENT ASSETS
Debtors 5 441,233 449,295
Cash at bank and in hand 82,477 155,161
523,710 604,456
CREDITORS
Amounts falling due within one year 6 502,737 455,163
NET CURRENT ASSETS 20,973 149,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,027

215,918

CREDITORS
Amounts falling due after more than one
year

7

(56,667

)

(93,333

)

PROVISIONS FOR LIABILITIES 9 (27,085 ) (11,767 )
NET ASSETS 54,275 110,818

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,175 110,718
SHAREHOLDERS' FUNDS 54,275 110,818

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

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

Macgregor Black Limited (Registered number: 10585935)

Statement of Financial Position - continued
31 December 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 30 July 2024 and were signed by:





J Mcneish - Director


Macgregor Black Limited (Registered number: 10585935)

Notes to the Financial Statements
for the Period 1 February 2023 to 31 December 2023

1. STATUTORY INFORMATION

Macgregor Black 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.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 period was 35 (2023 - 33 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 96,279
Additions 69,715
At 31 December 2023 165,994
DEPRECIATION
At 1 February 2023 29,654
Charge for period 19,286
At 31 December 2023 48,940
NET BOOK VALUE
At 31 December 2023 117,054
At 31 January 2023 66,625

Macgregor Black Limited (Registered number: 10585935)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.1.23
£    £   
Trade debtors 381,226 421,603
Other debtors 55,872 27,692
Prepayments 4,135 -
441,233 449,295

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.1.23
£    £   
Bank loans and overdrafts (see note 8) 40,000 40,000
Other loans (see note 8) 4,252 5,752
Trade creditors 40,324 -
Tax 89,006 106,429
Social security and other taxes 12,849 (19,919 )
VAT 195,523 203,238
Other creditors 4,529 3,409
Bad Debt Provision 50,000 50,000
Accrued expenses 66,254 66,254
502,737 455,163

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.1.23
£    £   
Bank loans (see note 8) 56,667 93,333

8. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.1.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 40,000 40,000
Other loans 4,252 5,752
44,252 45,752

Amounts falling due between two and five years:
Bank loans - 2-5 years 56,667 93,333

9. PROVISIONS FOR LIABILITIES
31.12.23 31.1.23
£    £   
Deferred tax 27,085 11,767

Macgregor Black Limited (Registered number: 10585935)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 December 2023

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2023 11,767
Charge to Income Statement during period 15,318
Balance at 31 December 2023 27,085

10. COVID-19

In response to the coronavirus pandemic, the company has received Government Grants and a Bounceback loan, to help with cash flow whilst the business was forced to close during various lockdowns imposed in England.