IRIS Accounts Production v24.2.0.383 13152034 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131520342022-12-31131520342023-12-31131520342023-01-012023-12-31131520342022-01-31131520342022-02-012022-12-31131520342022-12-3113152034ns15:EnglandWales2023-01-012023-12-3113152034ns14:PoundSterling2023-01-012023-12-3113152034ns10:Director12023-01-012023-12-3113152034ns10:Director22023-01-012023-12-3113152034ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113152034ns10:SmallEntities2023-01-012023-12-3113152034ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113152034ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113152034ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113152034ns10:FullAccounts2023-01-012023-12-3113152034ns10:EntityHasNeverTraded2023-01-012023-12-3113152034ns10:OrdinaryShareClass12023-01-012023-12-3113152034ns10:RegisteredOffice2023-01-012023-12-3113152034ns5:CurrentFinancialInstruments2023-12-3113152034ns5:CurrentFinancialInstruments2022-12-3113152034ns5:ShareCapital2023-12-3113152034ns5:ShareCapital2022-12-3113152034ns5:RetainedEarningsAccumulatedLosses2023-12-3113152034ns5:RetainedEarningsAccumulatedLosses2022-12-3113152034ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3113152034ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3113152034ns10:OrdinaryShareClass12023-12-3113152034ns5:RetainedEarningsAccumulatedLosses2022-12-3113152034ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-3113152034ns10:Director222022-12-3113152034ns10:Director222022-01-3113152034ns10:Director222023-01-012023-12-3113152034ns10:Director222022-02-012022-12-3113152034ns10:Director222023-12-3113152034ns10:Director222022-12-31
REGISTERED NUMBER: 13152034 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Mackinder Smith Holdings Ltd

Mackinder Smith Holdings Ltd (Registered number: 13152034)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mackinder Smith Holdings Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J M Truepenny
G R Watkinson





REGISTERED OFFICE: 206 Nettleham Road
Lincoln
LN2 4DH





REGISTERED NUMBER: 13152034 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Mackinder Smith Holdings Ltd (Registered number: 13152034)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 199,134 47,871

CREDITORS
Amounts falling due within one year 5 17,144 13,836
NET CURRENT ASSETS 181,990 34,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,990

34,035

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 181,890 33,935
SHAREHOLDERS' FUNDS 181,990 34,035

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 directors acknowledge their 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 Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:




J M Truepenny - Director



G R Watkinson - Director


Mackinder Smith Holdings Ltd (Registered number: 13152034)

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

1. STATUTORY INFORMATION

Mackinder Smith Holdings Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Changes in accounting policies
The year ended 31 December 2022 is an 11 month accounting period. It covered 1 Feb 22 to 31 Dec 22. This was changed to bring the year end in line with the trading company. This means the comparatives are not entirely comparable.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 198,258 47,871
Other debtors 876 -
199,134 47,871

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 17,144 13,836

Mackinder Smith Holdings Ltd (Registered number: 13152034)

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

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 January 2023 33,935
Profit for the year 255,355
Dividends (107,400 )
At 31 December 2023 181,890

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2023 and the period ended 31 December 2022:

2023 2022
£    £   
G R Watkinson
Balance outstanding at start of year (2 ) (26,755 )
Amounts advanced 54,578 82,028
Amounts repaid (53,700 ) (55,275 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 876 (2 )