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REGISTERED NUMBER: 02065285 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MACARI'S MAIDENHEAD LIMITED

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MACARI'S MAIDENHEAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: O M Macari
Mrs M Macari
G M Macari
B T Macari
P S Macari



SECRETARY: O M Macari



REGISTERED OFFICE: 5 Cheapside Court
Sunninghill Road
Ascot
Berkshire
SL5 7RF



REGISTERED NUMBER: 02065285 (England and Wales)



ACCOUNTANTS: Minerva Accountants Ltd
5 Cheapside Court
Sunninghill Road
Ascot
Berkshire
SL5 7RF



BANKERS: HSBC
35 High Street
Maidenhead
Berkshire
SL6 1JQ

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,360,309 2,419,199
Investments 5 4,501 6,355
2,364,810 2,425,554

CURRENT ASSETS
Debtors 6 10,980 14,867
Cash at bank and in hand 679,657 442,235
690,637 457,102
CREDITORS
Amounts falling due within one year 7 194,483 82,800
NET CURRENT ASSETS 496,154 374,302
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,860,964

2,799,856

PROVISIONS FOR LIABILITIES 17,254 17,254
NET ASSETS 2,843,710 2,782,602

CAPITAL AND RESERVES
Called up share capital 103 103
Share premium 1,609 1,609
Retained earnings 2,841,998 2,780,890
SHAREHOLDERS' FUNDS 2,843,710 2,782,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by:





Mrs M Macari - Director


MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Macari's Maidenhead Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Short leasehold - in accordance with the property
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Short to
property leasehold property
£    £    £   
COST OR VALUATION
At 1 May 2023 2,360,309 13,635 15,361
Additions - - -
Disposals - (13,635 ) (15,361 )
At 30 April 2024 2,360,309 - -
DEPRECIATION
At 1 May 2023 - 13,635 15,361
Charge for year - - -
Eliminated on disposal - (13,635 ) (15,361 )
At 30 April 2024 - - -
NET BOOK VALUE
At 30 April 2024 2,360,309 - -
At 30 April 2023 2,360,309 - -

Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 166,234 18,776 2,574,315
Additions 17,772 - 17,772
Disposals (184,006 ) (18,776 ) (231,778 )
At 30 April 2024 - - 2,360,309
DEPRECIATION
At 1 May 2023 108,815 17,305 155,116
Charge for year 14,944 221 15,165
Eliminated on disposal (123,759 ) (17,526 ) (170,281 )
At 30 April 2024 - - -
NET BOOK VALUE
At 30 April 2024 - - 2,360,309
At 30 April 2023 57,419 1,471 2,419,199

Cost or valuation at 30 April 2024 is represented by:

Freehold
property
£   
Valuation in 2023 450,575
Cost 1,909,734
2,360,309

MACARI'S MAIDENHEAD LIMITED (REGISTERED NUMBER: 02065285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

If the freehold properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,909,734 1,909,734

Freehold properties were valued on an open market basis on 30 April 2024 by the directors .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 6,355
Impairments (1,854 )
At 30 April 2024 4,501
NET BOOK VALUE
At 30 April 2024 4,501
At 30 April 2023 6,355

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2023 6,355
Cost (1,854 )
4,501

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 10,980 14,867

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) -
Taxation and social security 85,411 51,995
Other creditors 109,073 30,805
194,483 82,800

8. ULTIMATE CONTROLLING PARTY

Throughout the current and previous year, Mr & Mrs Macari, the directors', controlled the company by virtue of holding the majority of the issued ordinary share capital.