1 December 2022 false No description of principal activity Taxfiler 2024.5 07439769business:PrivateLimitedCompanyLtd2022-12-012023-11-30 074397692022-11-30 074397692022-12-012023-11-30 07439769business:AuditExemptWithAccountantsReport2022-12-012023-11-30 07439769business:FilletedAccounts2022-12-012023-11-30 074397692023-11-30 07439769business:Director12022-12-012023-11-30 07439769business:CompanySecretary12022-12-012023-11-30 07439769business:RegisteredOffice2022-12-012023-11-30 074397692022-11-30 07439769core:WithinOneYear2023-11-30 07439769core:WithinOneYear2022-11-30 07439769core:AfterOneYear2023-11-30 07439769core:AfterOneYear2022-11-30 07439769core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07439769core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 07439769core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07439769core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 07439769core:PreviouslyStatedAmount2023-11-30 07439769core:PreviouslyStatedAmount2022-11-30 07439769business:SmallEntities2022-12-012023-11-30 07439769countries:EnglandWales2022-12-012023-11-30 07439769core:PlantMachinery2022-12-012023-11-30 07439769core:MotorVehicles2022-12-012023-11-30 07439769core:PlantMachinery2022-11-30 07439769core:MotorVehicles2022-11-30 07439769core:PlantMachinery2023-11-30 07439769core:MotorVehicles2023-11-30 074397692021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07439769 (England and Wales)
Mack Structures Ltd Unaudited accounts for the year ended 30 November 2023
Mack Structures Ltd Unaudited accounts Contents
Page
- 2 -
Mack Structures Ltd Company Information for the year ended 30 November 2023
Director
Daniel McKenzie
Secretary
Rachel McKenzie
Company Number
07439769 (England and Wales)
Registered Office
16 Queensway Sawston Cambridge Cambridgeshire CB22 3DJ England
- 3 -
Mack Structures Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,177 
3,644 
Current assets
Debtors
70,115 
83,410 
Cash at bank and in hand
4,428 
4 
74,543 
83,414 
Creditors: amounts falling due within one year
(52,075)
(50,096)
Net current assets
22,468 
33,318 
Total assets less current liabilities
56,645 
36,962 
Creditors: amounts falling due after more than one year
(50,787)
(32,417)
Net assets
5,858 
4,545 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,857 
4,544 
Shareholders' funds
5,858 
4,545 
For the year ending 30 November 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.
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 21 August 2024 and were signed on its behalf by
Daniel McKenzie Director Company Registration No. 07439769
- 4 -
Mack Structures Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Mack Structures Ltd is a private company, limited by shares, registered in England and Wales, registration number 07439769. The registered office is 16 Queensway, Sawston, Cambridge, Cambridgeshire, CB22 3DJ, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
Mack Structures Ltd Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
7,195 
24,068 
31,263 
Additions
12,675 
29,250 
41,925 
At 30 November 2023
19,870 
53,318 
73,188 
Depreciation
At 1 December 2022
6,456 
21,163 
27,619 
Charge for the year
3,353 
8,039 
11,392 
At 30 November 2023
9,809 
29,202 
39,011 
Net book value
At 30 November 2023
10,061 
24,116 
34,177 
At 30 November 2022
739 
2,905 
3,644 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
57,491 
65,436 
Other debtors
12,624 
17,974 
70,115 
83,410 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,833 
6,552 
VAT
8,887 
20,101 
Obligations under finance leases and hire purchase contracts
12,412 
- 
Taxes and social security
193 
193 
Other creditors
24,750 
23,250 
52,075 
50,096 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
26,583 
32,417 
Obligations under finance leases and hire purchase contracts
24,204 
- 
50,787 
32,417 
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).
- 6 -