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REGISTERED NUMBER: 03179786 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Mach One Design Equipment Limited

Mach One Design Equipment Limited (Registered number: 03179786)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Mach One Design Equipment Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R R Garland
J P Moore
S J Stoner





SECRETARY: S J Stoner





REGISTERED OFFICE: The Old Court House
38 High Street
Steyning
West Sussex
BN44 3YE





REGISTERED NUMBER: 03179786 (England and Wales)





ACCOUNTANTS: THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Mach One Design 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 Mach One Design Equipment Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet 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 Mach One Design 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 Mach One Design Equipment Limited and state those matters that we have agreed to state to the Board of Directors of Mach One Design 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 Mach One Design Equipment Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mach One Design 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 profit of Mach One Design Equipment Limited. You consider that Mach One Design 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 Mach One Design 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.






THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX


21 November 2024

Mach One Design Equipment Limited (Registered number: 03179786)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,488 8,942

CURRENT ASSETS
Stocks 1,668 1,668
Debtors 5 41,727 87,894
Cash at bank and in hand 126,253 142,913
169,648 232,475
CREDITORS
Amounts falling due within one year 6 46,950 86,443
NET CURRENT ASSETS 122,698 146,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,186

154,974

ACCRUALS AND DEFERRED INCOME 99,641 124,049
NET ASSETS 33,545 30,925

CAPITAL AND RESERVES
Called up share capital 86 86
Capital redemption reserve 14 14
Retained earnings 33,445 30,825
33,545 30,925

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

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

Mach One Design Equipment Limited (Registered number: 03179786)

Balance Sheet - continued
31 March 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 21 November 2024 and were signed on its behalf by:





S J Stoner - Director


Mach One Design Equipment Limited (Registered number: 03179786)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Mach One Design 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 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.
Plant and machinery - 3 years straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 7 (2023 - 6 ) .

Mach One Design Equipment Limited (Registered number: 03179786)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023 45,665
Additions 9,382
Disposals (10,844 )
At 31 March 2024 44,203
DEPRECIATION
At 1 April 2023 36,723
Charge for year 7,836
Eliminated on disposal (10,844 )
At 31 March 2024 33,715
NET BOOK VALUE
At 31 March 2024 10,488
At 31 March 2023 8,942

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,102 85,269
Other debtors 2,625 2,625
41,727 87,894

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 23,183 48,899
Taxation and social security 16,655 23,934
Other creditors 7,112 13,610
46,950 86,443