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REGISTERED NUMBER: 05001409 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Macjeannes Limited

Macjeannes Limited (Registered number: 05001409)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Director's Responsibilities Statement 8

Independent Chartered Certified Accountants'
Review Report

9


Macjeannes Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs A L McCallum





SECRETARY: P Jeannes





REGISTERED OFFICE: High Point House
Unit 4 Riding Road
Buckingham Road Industrial Estate
Brackley
NN13 7BH





REGISTERED NUMBER: 05001409 (England and Wales)





ACCOUNTANTS: Roche & Co
64 Orton Lane
Wombourne
Wolverhampton
West Midlands
WV5 9AW

Macjeannes Limited (Registered number: 05001409)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 40,000 30,000
Tangible assets 5 174,042 163,475
214,042 193,475

CURRENT ASSETS
Stocks 48,496 100,248
Debtors 6 402,366 421,078
Cash at bank and in hand 208,805 82
659,667 521,408
CREDITORS
Amounts falling due within one year 7 364,442 357,834
NET CURRENT ASSETS 295,225 163,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

509,267

357,049

CREDITORS
Amounts falling due after more than
one year

8

(106,592

)

(98,497

)

PROVISIONS FOR LIABILITIES (11,700 ) (11,700 )
NET ASSETS 390,975 246,852

Macjeannes Limited (Registered number: 05001409)

Balance Sheet - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 388,975 244,852
390,975 246,852

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 20 August 2024 and were signed by:





Mrs A L McCallum - Director


Macjeannes Limited (Registered number: 05001409)

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

1. STATUTORY INFORMATION

Macjeannes 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise area licence are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Macjeannes Limited (Registered number: 05001409)

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

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 year was 15 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2023 70,923 175,000 245,923
Additions - 20,000 20,000
At 31 December 2023 70,923 195,000 265,923
AMORTISATION
At 1 January 2023 70,923 145,000 215,923
Charge for year - 10,000 10,000
At 31 December 2023 70,923 155,000 225,923
NET BOOK VALUE
At 31 December 2023 - 40,000 40,000
At 31 December 2022 - 30,000 30,000

Macjeannes Limited (Registered number: 05001409)

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

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 25,453 468,819 494,272
Additions - 54,287 54,287
At 31 December 2023 25,453 523,106 548,559
DEPRECIATION
At 1 January 2023 25,453 305,344 330,797
Charge for year - 43,720 43,720
At 31 December 2023 25,453 349,064 374,517
NET BOOK VALUE
At 31 December 2023 - 174,042 174,042
At 31 December 2022 - 163,475 163,475

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 203,925
Additions 45,777
At 31 December 2023 249,702
DEPRECIATION
At 1 January 2023 116,310
Charge for year 21,905
At 31 December 2023 138,215
NET BOOK VALUE
At 31 December 2023 111,487
At 31 December 2022 87,615

Macjeannes Limited (Registered number: 05001409)

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

6. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Trade debtors 348,366 336,781
Other debtors 333 17,894
348,699 354,675

Amounts falling due after more than one year:
Amounts owed by associates 53,667 66,403

Aggregate amounts 402,366 421,078

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 38,883
Trade creditors 100,103 126,243
Taxation and social security 194,616 133,795
Other creditors 69,723 58,913
364,442 357,834

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 24,229 34,877
Hire purchase contracts 82,363 63,620
106,592 98,497

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 23,179 60,073

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Other debtors includes £353 due from shareholder Mr P. Jeannes.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A L McCallum.

Director's Responsibilities Statement
on the Unaudited Financial Statements of
Macjeannes Limited


The following reproduces the text of the report prepared for the director and members in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

I confirm that as a director I have met my duty in accordance with the Companies Act 2006 to:

- ensure that the company has kept proper accounting records;
- prepare financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2023 and of its profit for that period in accordance with United Kingdom Generally Accepted Accounting Practice; and
- follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements.







Mrs A L McCallum - Director

20 August 2024

Independent Chartered Certified Accountants' Review Report to the Director of
Macjeannes Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

We have reviewed the financial statements of Macjeannes Limited for the year ended 31 December 2023, which comprise the Income Statement, Balance Sheet and the related notes 1 to 12. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

This report is made solely to the company's director in accordance with our terms of engagement. Our review has been undertaken so that we might state to the director those matters that we have agreed with her in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's director for our work, for this report or the conclusions we have formed.

Director's responsibility for the financial statements
As explained more fully in the Director's Responsibilities Statement set out on page twelve, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility
Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), 'Engagements to review historical financial statements' and ICAEW Technical Release TECH 09/13AAF 'Assurance review engagements on historical financial statements'. ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.

Scope of the assurance review
A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures to those required under a compilation engagement. These primarily consist of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.

Independent Chartered Certified Accountants' Review Report to the Director of
Macjeannes Limited


Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:
- so as to give a true and fair view of the state of the company's affairs as at 31 December 2023 and of its profit for the year then ended;
- in accordance with United Kingdom Generally Accepted Accounting Practice; and
- in accordance with the requirements of the Companies Act 2006.




Roche & Co
64 Orton Lane
Wombourne
Wolverhampton
West Midlands
WV5 9AW


20 August 2024