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Company Registration No. 07526784 (England and Wales)
M.a.c. Uk Trading Limited Unaudited accounts for the year ended 29 February 2024
M.a.c. Uk Trading Limited Unaudited accounts Contents
Page
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M.a.c. Uk Trading Limited Company Information for the year ended 29 February 2024
Director
Arman Caushi
Company Number
07526784 (England and Wales)
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M.a.c. Uk Trading Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,282 
40,295 
Current assets
Inventories
205,500 
297,968 
Debtors
36,092 
28,728 
Cash at bank and in hand
(15,358)
(6,328)
226,234 
320,368 
Creditors: amounts falling due within one year
(188,800)
(242,884)
Net current assets
37,434 
77,484 
Total assets less current liabilities
73,716 
117,779 
Creditors: amounts falling due after more than one year
(10,068)
(20,717)
Net assets
63,648 
97,062 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
63,548 
96,962 
Shareholders' funds
63,648 
97,062 
For the year ending 29 February 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 19 November 2024 and were signed on its behalf by
Arman Caushi Director Company Registration No. 07526784
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M.a.c. Uk Trading Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
M.a.c. Uk Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 07526784.
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
18% reducing rate
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
18,000 
40,740 
58,740 
At 29 February 2024
18,000 
40,740 
58,740 
Depreciation
At 1 March 2023
- 
18,445 
18,445 
Charge for the year
- 
4,013 
4,013 
At 29 February 2024
- 
22,458 
22,458 
Net book value
At 29 February 2024
18,000 
18,282 
36,282 
At 28 February 2023
18,000 
22,295 
40,295 
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M.a.c. Uk Trading Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
12 
Other debtors
9,065 
28,716 
9,065 
28,728 
Amounts falling due after more than one year
Other debtors
27,027 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
Trade creditors
168,000 
228,000 
Taxes and social security
9,691 
3,946 
Other creditors
227 
- 
Accruals
234 
290 
188,800 
242,884 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,068 
20,717 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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