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REGISTERED NUMBER: 11320183 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Mac Sign Solutions Limited

Mac Sign Solutions Limited (Registered number: 11320183)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mac Sign Solutions Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: M E A Coyle





REGISTERED OFFICE: Unit 2
Fence Aveune Industrial Estate
Fence Avenue
Macclesfield
Cheshire
SK10 1LT





REGISTERED NUMBER: 11320183 (England and Wales)





ACCOUNTANTS: Nolan James Ltd
Chartered Accountants
Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

Mac Sign Solutions Limited (Registered number: 11320183)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,220 10,275
Tangible assets 5 2,275 145
10,495 10,420

CURRENT ASSETS
Debtors 6 6,129 9,241
Cash at bank 5,708 1,258
11,837 10,499
CREDITORS
Amounts falling due within one year 7 117,672 125,125
NET CURRENT LIABILITIES (105,835 ) (114,626 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(95,340

)

(104,206

)

CREDITORS
Amounts falling due after more than one
year

8

4,333

8,333
NET LIABILITIES (99,673 ) (112,539 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (99,674 ) (112,540 )
(99,673 ) (112,539 )

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 director acknowledges his 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.

Mac Sign Solutions Limited (Registered number: 11320183)

Balance Sheet - continued
30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





M E A Coyle - Director


Mac Sign Solutions Limited (Registered number: 11320183)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Mac Sign Solutions 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangibile assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise Fee is being amortised evenly over their estimated useful life of ten years.

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 etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 1 (2023 - 1 ) .

Mac Sign Solutions Limited (Registered number: 11320183)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 20,550
AMORTISATION
At 1 May 2023 10,275
Charge for year 2,055
At 30 April 2024 12,330
NET BOOK VALUE
At 30 April 2024 8,220
At 30 April 2023 10,275

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 May 2023 21,458 20,966 42,424
Additions 2,905 - 2,905
At 30 April 2024 24,363 20,966 45,329
DEPRECIATION
At 1 May 2023 21,313 20,966 42,279
Charge for year 775 - 775
At 30 April 2024 22,088 20,966 43,054
NET BOOK VALUE
At 30 April 2024 2,275 - 2,275
At 30 April 2023 145 - 145

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,275 2,955
Social security & other taxes 1,075 -
Prepayments 3,779 6,286
6,129 9,241

Mac Sign Solutions Limited (Registered number: 11320183)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 4,000 4,000
Other loans - 8,197
Hire purchase contracts - 3,398
Trade creditors 20,614 7,290
Social security & other taxes - 376
Other creditors 1,891 1,389
Directors' current accounts 89,035 99,540
Accrued expenses 2,132 935
117,672 125,125

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 4,333 8,333

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts - 3,398