Company Registration No. 09941804 (England and Wales)
Macclesfield Maintenance Ltd
Unaudited accounts
for the year ended 31 January 2024
Macclesfield Maintenance Ltd
Unaudited accounts
Contents
Macclesfield Maintenance Ltd
Company Information
for the year ended 31 January 2024
Director
Mr Clive Wilkinson
Company Number
09941804 (England and Wales)
Registered Office
2 The Whitfields
Macclesfield
Cheshire
SK10 3PX
England
Accountants
Batesons
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Macclesfield Maintenance Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
28,430
36,721
Cash at bank and in hand
210,401
189,774
Creditors: amounts falling due within one year
(109,685)
(100,995)
Net current assets
177,504
140,361
Total assets less current liabilities
205,934
177,082
Provisions for liabilities
Deferred tax
(4,665)
(6,079)
Net assets
201,269
171,003
Called up share capital
125
125
Profit and loss account
201,144
170,878
Shareholders' funds
201,269
171,003
For the year ending 31 January 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 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 28 May 2024 and were signed on its behalf by
Mr Clive Wilkinson
Director
Company Registration No. 09941804
Macclesfield Maintenance Ltd
Notes to the Accounts
for the year ended 31 January 2024
Macclesfield Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 09941804. The registered office is 2 The Whitfields, Macclesfield, Cheshire, SK10 3PX, 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.
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:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Macclesfield Maintenance Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
11,449
77,922
89,371
At 31 January 2024
11,653
77,922
89,575
At 1 February 2023
4,293
48,357
52,650
Charge for the year
1,104
7,391
8,495
At 31 January 2024
5,397
55,748
61,145
At 31 January 2024
6,256
22,174
28,430
At 31 January 2023
7,156
29,565
36,721
Amounts falling due within one year
Trade debtors
45,078
23,959
Accrued income and prepayments
2,814
2,333
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
18,581
18,912
Taxes and social security
28,565
10,041
Loans from directors
53,188
67,793
7
Deferred taxation
2024
2023
Accelerated capital allowances
4,665
6,079
Provision at start of year
6,079
4,373
(Credited)/charged to the profit and loss account
(1,414)
1,706
Provision at end of year
4,665
6,079
Macclesfield Maintenance Ltd
Notes to the Accounts
for the year ended 31 January 2024
Allotted, called up and fully paid:
75 Ordinary 'A' shares of £1 each
75
75
25 Ordinary 'B' shares of £1 each
25
25
25 Ordinary 'C' shares of £1 each
25
25
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).