Company Registration No. 02699402 (England and Wales)
Machall Investments Limited
Unaudited accounts
for the year ended 31 March 2024
Machall Investments Limited
Unaudited accounts
Contents
Machall Investments Limited
Company Information
for the year ended 31 March 2024
Directors
Colin Howard Hall
Isabel Mary Rowland
Company Number
02699402 (England and Wales)
Registered Office
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
DE56 0RN
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Machall Investments Limited
Statement of financial position
as at 31 March 2024
Tangible assets
158,402
202,148
Cash at bank and in hand
179,820
45,841
Creditors: amounts falling due within one year
(57,733)
(24,007)
Net current assets
115,664
16,047
Net assets
274,066
218,195
Called up share capital
61,882
61,882
Share premium
538,512
538,512
Profit and loss account
(326,328)
(382,199)
Shareholders' funds
274,066
218,195
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by
Colin Howard Hall
Director
Company Registration No. 02699402
Machall Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
Machall Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 02699402. The registered office is Suite 8, Riverside Business Centre, Foundry Lane, Milford, Belper, DE56 0RN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
10% RB
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
197,562
7,195
77,133
281,890
Disposals
(43,464)
-
-
(43,464)
At 31 March 2024
154,098
7,195
77,449
238,742
At 1 April 2023
-
6,475
73,267
79,742
Charge for the year
-
180
418
598
At 31 March 2024
-
6,655
73,685
80,340
At 31 March 2024
154,098
540
3,764
158,402
At 31 March 2023
197,562
720
3,866
202,148
Machall Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
(8,520)
(8,384)
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,733
4,997
Taxes and social security
1,673
(1,918)
Other creditors
46,155
19,408
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).