Company registration number 08259067 (England and Wales)
MACEYLEXIE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
MACEYLEXIE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MACEYLEXIE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
4
150,481
150,481
Cash at bank and in hand
719
719
151,200
151,200
Creditors: amounts falling due within one year
5
(6,860)
(6,860)
Net current assets
144,340
144,340
Capital and reserves
Called up share capital
8
8
Profit and loss reserves
144,332
144,332
Total equity
144,340
144,340
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 12 September 2024 and are signed on its behalf by:
M Meltzer
Director
Company registration number 08259067 (England and Wales)
MACEYLEXIE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information
Maceylexie Limited is a private company limited by shares incorporated in England and Wales. The registered office is 14 David Mews, London, WD7 8BT.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
1.4
Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or less.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
MACEYLEXIE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
150,481
150,481
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
6,860
6,860
6
Financial commitments, guarantees and contingent liabilities
A fixed and a negative pledge has been made against the company. in favour of the following party:
Aib Group (UK) PLC
A fixed and floating charge and a Negative pledge has been made against the Freehold of 189-196 Broadway Bexley Heath and land on the east side of Barks and Bexley Heath t/n SGL139615 and SGL14098 in favour of:
Aib Group (UK) PLC
A fixed and floating charge and a Negative pledge has been made against the company, the floating floating charge covers all the property or undertaking of the company, this is in favour of:
Aib Group (UK) PLC
7
Related party transactions
Included in other debtors is an amount of £150,480 (2022: £150,480) due from 68 Malden Road Limited, a company connected by common control. There are no terms as to interest or repayment on this amount.
8
Directors' transactions
Included in other creditors is an amount of £6,260 (2022: £6,260) due to M Meltzer, a director of the company. The loan bears no interest and has no formal terms of repayment.