1 August 2022 false Taxfiler 2024.5 10266334business:PrivateLimitedCompanyLtd2022-08-012023-07-31 102663342022-07-31 102663342022-08-012023-07-31 10266334business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 10266334business:AbridgedAccounts2022-08-012023-07-31 102663342023-07-31 10266334business:Director12022-08-012023-07-31 10266334business:RegisteredOffice2022-08-012023-07-31 102663342022-07-31 10266334core:WithinOneYear2023-07-31 10266334core:WithinOneYear2022-07-31 10266334core:AfterOneYear2023-07-31 10266334core:AfterOneYear2022-07-31 10266334core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10266334core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 10266334core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10266334core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 10266334core:PreviouslyStatedAmount2023-07-31 10266334core:PreviouslyStatedAmount2022-07-31 10266334business:SmallEntities2022-08-012023-07-31 10266334countries:EnglandWales2022-08-012023-07-31 10266334core:ComputerEquipment2022-08-012023-07-31 10266334core:AcceleratedTaxDepreciationDeferredTax2023-07-31 10266334core:AcceleratedTaxDepreciationDeferredTax2022-07-31 102663342021-08-012022-07-31 10266334business:Director112022-07-31 10266334business:Director112022-08-012023-07-31 10266334business:Director112023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10266334 (England and Wales)
Mackmedia Ltd Unaudited accounts for the year ended 31 July 2023
Mackmedia Ltd Unaudited accounts Contents
Page
- 2 -
Mackmedia Ltd Company Information for the year ended 31 July 2023
Director
Mr Steven Mcglashan
Company Number
10266334 (England and Wales)
Registered Office
2c Fontmell Park Ashford TW15 2NW
- 3 -
Mackmedia Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
866 
1,083 
Current assets
Debtors
20,474 
28,399 
Cash at bank and in hand
28 
285 
20,502 
28,684 
Creditors: amounts falling due within one year
(29,842)
(18,305)
Net current (liabilities)/assets
(9,340)
10,379 
Total assets less current liabilities
(8,474)
11,462 
Creditors: amounts falling due after more than one year
(7,750)
(10,750)
Provisions for liabilities
Deferred tax
(165)
- 
Net (liabilities)/assets
(16,389)
712 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(16,391)
710 
Shareholders' funds
(16,389)
712 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 August 2024 and were signed on its behalf by
Mr Steven Mcglashan Director Company Registration No. 10266334
- 4 -
Mackmedia Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Mackmedia Ltd is a private company, limited by shares, registered in England and Wales, registration number 10266334. The registered office is 2c Fontmell Park, Ashford, TW15 2NW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2022
1,950 
At 31 July 2023
1,950 
Depreciation
At 1 August 2022
867 
Charge for the year
217 
At 31 July 2023
1,084 
Net book value
At 31 July 2023
866 
At 31 July 2022
1,083 
- 5 -
Mackmedia Ltd Notes to the Accounts for the year ended 31 July 2023
5
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
165 
- 
2023 
2022 
£ 
£ 
Charged to the profit and loss account
165 
- 
Provision at end of year
165 
- 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Steven Mcglashan
17,112 
572 
2,289 
15,395 
17,112 
572 
2,289 
15,395 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -