2023-11-01 05609200 2024-10-31 05609200 2023-11-01 2024-10-31 05609200 2023-10-31 05609200 2022-11-01 2023-10-31 05609200 uk-core:WithinOneYear 2023-10-31 05609200 uk-core:WithinOneYear 2024-10-31 05609200 uk-core:ShareCapital 2024-10-31 05609200 uk-core:ShareCapital 2023-10-31 05609200 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 05609200 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 05609200 uk-bus:Director1 2023-11-01 2024-10-31 05609200 uk-core:PlantMachinery 2023-11-01 2024-10-31 05609200 uk-core:ToolsEquipment 2023-11-01 2024-10-31 05609200 uk-core:FurnitureFittings 2023-11-01 2024-10-31 05609200 uk-core:ToolsEquipment 2023-10-31 05609200 uk-core:FurnitureFittings 2023-10-31 05609200 uk-core:FurnitureFittings 2024-10-31 05609200 uk-core:ToolsEquipment 2024-10-31 iso4217:GBP xbrli:pure 05609200 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 05609200 uk-bus:FRS102 2023-11-01 2024-10-31 05609200 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 05609200 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Mac-Tech Solutions Limited
Registered Number:05609200
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Mac-Tech Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05609200
As at 31 October 2024
Mac-Tech Solutions Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,651
4,867
2
3,651
4,867
Current assets
Inventories
225
225
3
Trade and other receivables
4,078
6,482
4
30,414
Cash and cash equivalents
33,200
39,907
34,717
Trade and other payables: amounts falling due within one
year
(11,896)
(15,689)
5
22,821
24,218
Net current assets
Total assets less current liabilities
27,869
27,688
27,869
Net assets
27,688
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
26,869
26,688
27,869
27,688
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr. I.D. Jay Director
These financial statements were approved and authorised for issue by the Board on 27 December 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2024
Mac-Tech Solutions Limited
Notes to the Financial Statements
Statutory Information
Mac-Tech Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05609200.
Principal place of business:
11 Kemble Close
Kingswood
Bristol
BS15 9ZA
Registered address:
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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5
For the year ended 31 October 2024
Mac-Tech Solutions Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 November 2023
16,056
15,440
616
At 31 October 2024
616
15,440
16,056
Provision for depreciation and impairment
At 01 November 2023
11,189
10,621
568
Charge for year
1,216
1,204
12
At 31 October 2024
12,405
11,825
580
At 31 October 2024
Net book value
36
3,615
3,651
At 31 October 2023
48
4,819
4,867
3. Inventories
2023
2024
£
£
Stocks
225
225
4. Trade and other receivables
2023
2024
£
£
Trade debtors
6,482
4,078
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
150
76
Taxation and social security
10,964
5,543
Other creditors
4,575
6,277
15,689
11,896
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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