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REGISTERED NUMBER: 01052813 (England and Wales)




















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

MACDONALDS (CATERING EQUIPMENT) LIMITED

MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

MACDONALDS (CATERING EQUIPMENT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mrs S J Coburn
J D Coburn



SECRETARY:



REGISTERED OFFICE: 29 Welbeck Street
London
W1G 8DA



REGISTERED NUMBER: 01052813 (England and Wales)



ACCOUNTANTS: Ward Divecha Limited
Chartered Accountants &
Statutory Auditors
29 Welbeck Street
London
W1G 8DA



BANKERS: National Westminster Bank Plc
St James' & Piccadilly Branch
PO Box 2DG
208 Piccadilly
London
W1J 9HE

MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,714 38,886

CURRENT ASSETS
Debtors 5 44,733 48,685
Cash at bank and in hand 25,952 36,283
70,685 84,968
CREDITORS
Amounts falling due within one year 6 37,611 41,155
NET CURRENT ASSETS 33,074 43,813
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,788

82,699

CREDITORS
Amounts falling due after more than one
year

7

9,750

13,570
NET ASSETS 57,038 69,129

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings (42,962 ) (30,871 )
SHAREHOLDERS' FUNDS 57,038 69,129

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

BALANCE SHEET - continued
31 MAY 2024


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 18 November 2024 and were signed on its behalf by:





Mrs S J Coburn - Director


MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

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


1. STATUTORY INFORMATION

Macdonalds (Catering Equipment) 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.

Turnover
Turnover represents net invoiced sales of services and rental income, excluding value added tax.

Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery 25% on written down value
Motor Vehicles 25% on written down value

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.

MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 18,201 284,143 63,776 366,120
DEPRECIATION
At 1 June 2023 - 283,724 43,510 327,234
Charge for year - 105 5,067 5,172
At 31 May 2024 - 283,829 48,577 332,406
NET BOOK VALUE
At 31 May 2024 18,201 314 15,199 33,714
At 31 May 2023 18,201 419 20,266 38,886

MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 20,581
DEPRECIATION
At 1 June 2023 5,145
Charge for year 3,859
At 31 May 2024 9,004
NET BOOK VALUE
At 31 May 2024 11,577
At 31 May 2023 15,436

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,865 13,375
Director's loan account 16,408 11,850
Prepayments and accrued income 17,460 23,460
44,733 48,685

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,747 4,637
Taxation and social security 509 1,023
Other creditors 35,355 35,495
37,611 41,155

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Other creditors 9,750 13,570

MACDONALDS (CATERING EQUIPMENT) LIMITED (REGISTERED NUMBER: 01052813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. RELATED PARTY TRANSACTIONS

The Company is paying rent to the Clayton Jones pension fund where the directors are also trustees of the pension fund.

As at 31st of May 2024, the directors owe £16,408 (2023:£11,850) to the company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MACDONALDS (CATERING EQUIPMENT) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Macdonalds (Catering Equipment) Limited for the year ended 31 May 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Macdonalds (Catering Equipment) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Macdonalds (Catering Equipment) Limited and state those matters that we have agreed to state to the Board of Directors of Macdonalds (Catering Equipment) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Macdonalds (Catering Equipment) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Macdonalds (Catering Equipment) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Macdonalds (Catering Equipment) Limited. You consider that Macdonalds (Catering Equipment) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Macdonalds (Catering Equipment) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ward Divecha Limited
Chartered Accountants &
Statutory Auditors
29 Welbeck Street
London
W1G 8DA


18 November 2024