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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
Page
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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
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Machall Investments Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
158,402 
202,148 
Current assets
Inventories
2,000 
2,500 
Debtors
(8,423)
(8,287)
Cash at bank and in hand
179,820 
45,841 
173,397 
40,054 
Creditors: amounts falling due within one year
(57,733)
(24,007)
Net current assets
115,664 
16,047 
Net assets
274,066 
218,195 
Capital and reserves
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
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Machall Investments Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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:
Motor vehicles
25% RB
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 
Additions
- 
- 
316 
316 
Disposals
(43,464)
- 
- 
(43,464)
At 31 March 2024
154,098 
7,195 
77,449 
238,742 
Depreciation
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 
Net book value
At 31 March 2024
154,098 
540 
3,764 
158,402 
At 31 March 2023
197,562 
720 
3,866 
202,148 
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Machall Investments Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(8,520)
(8,384)
Amounts falling due after more than one year
Other debtors
97 
97 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(328)
20 
Trade creditors
8,733 
4,997 
Taxes and social security
1,673 
(1,918)
Other creditors
46,155 
19,408 
Accruals
1,500 
1,500 
57,733 
24,007 
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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