Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3122023-02-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07504967 2023-02-01 2024-01-31 07504967 2022-02-01 2023-01-31 07504967 2024-01-31 07504967 2023-01-31 07504967 c:Director1 2023-02-01 2024-01-31 07504967 c:RegisteredOffice 2023-02-01 2024-01-31 07504967 d:CurrentFinancialInstruments 2024-01-31 07504967 d:CurrentFinancialInstruments 2023-01-31 07504967 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07504967 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 07504967 d:ShareCapital 2024-01-31 07504967 d:ShareCapital 2023-01-31 07504967 d:RetainedEarningsAccumulatedLosses 2024-01-31 07504967 d:RetainedEarningsAccumulatedLosses 2023-01-31 07504967 c:FRS102 2023-02-01 2024-01-31 07504967 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07504967 c:FullAccounts 2023-02-01 2024-01-31 07504967 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 07504967







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


MACBUILD HOMES LTD

































img78c1.png                        

 


MACBUILD HOMES LTD
 


 
COMPANY INFORMATION


Director
M McElduff 




Registered number
07504967



Registered office
Cheeca Lodge
Flower Lane

Godstone

Surrey

RH9 8DE




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


MACBUILD HOMES LTD
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 3


 


MACBUILD HOMES LTD
REGISTERED NUMBER:07504967



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
26,702
91,934

Cash at bank and in hand
  
4,687
1,142

  
31,389
93,076

Creditors: amounts falling due within one year
 5 
(219,264)
(204,194)

Net current liabilities
  
 
 
(187,875)
 
 
(111,118)

Total assets less current liabilities
  
(187,875)
(111,118)

  

Net liabilities
  
(187,875)
(111,118)


Capital and reserves
  

Allotted, called up and fully paid share capital
  
4
4

Profit and loss account
  
(187,879)
(111,122)

  
(187,875)
(111,118)


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


M McElduff
Director

Date: 30 October 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


MACBUILD HOMES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Macbuild Homes Ltd is a private company limited by shares and incorporated in England and Wales. The address of the registered office is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

As at 31 January 2024 the company had net liabilities of £187,875 (2023 - £111,118). The director has a reasonable expectation that the company had adequate resources to continue operational existence for the foreseeable future, due to the loans from group and associated companies. For this reason the director continues to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Revenue

Revenue consists of services provided to other entities and property sales and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount or they are recognised in the profit or loss in the year in which they are incurred. 

 
2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 2).

Page 2

 


MACBUILD HOMES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
400
135

Other debtors
4,670
66,556

Prepayments and accrued income
-
3,611

Other taxation and social security
21,632
21,632

26,702
91,934



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
29,367
37,892

Trade creditors
1,267
1,267

Amounts owed to associates
47,185
36,367

Corporation tax
34,116
33,757

Other taxation and social security
61,358
44,883

Other creditors
-
1,366

Accruals and deferred income
45,971
48,662

219,264
204,194



6.


Transactions with the directors

At the beginning of the year the director, M McElduff, owed the company £46,488 (2023 - £46,378). During the year, the company made further payments of £Nil (2023 - £110) and received repayments of £46,488 (2023 - £Nil). As at 31 January 2023, the director owed the company £Nil (2023 - £46,488). No interest was charged on this loan.

 
Page 3