THE MAC LABEL LTD

Company Registration Number:
12818693 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

THE MAC LABEL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

THE MAC LABEL LTD

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 68,455 50,027
Tangible assets: 4 510,548 390,801
Investments: 5 2,633,204 1,574,837
Total fixed assets: 3,212,207 2,015,665
Current assets
Stocks: 437,092 354,962
Debtors:   183,055 284,462
Cash at bank and in hand: 325,425 126,469
Investments:   285,067 354,027
Total current assets: 1,230,639 1,119,920
Creditors: amounts falling due within one year:   (272,183) (142,550)
Net current assets (liabilities): 958,456 977,370
Total assets less current liabilities: 4,170,663 2,993,035
Creditors: amounts falling due after more than one year:   (983,670) (768,036)
Provision for liabilities: (58,065) (37,500)
Total net assets (liabilities): 3,128,928 2,187,499
Capital and reserves
Called up share capital: 25,000 250,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 2,316,323 1,748,835
Profit and loss account: 787,605 188,664
Shareholders funds: 3,128,928 2,187,499

The notes form part of these financial statements

THE MAC LABEL LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 May 2024
and signed on behalf of the board by:

Name: Finn McDonagh
Status: Director

The notes form part of these financial statements

THE MAC LABEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THE MAC LABEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

THE MAC LABEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Intangible Assets

Total
Cost £
At 01 September 2022 50,027
Additions 18,428
At 31 August 2023 68,455
Net book value
At 31 August 2023 68,455
At 31 August 2022 50,027

THE MAC LABEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible Assets

Total
Cost £
At 01 September 2022 390,801
Additions 119,747
At 31 August 2023 510,548
Net book value
At 31 August 2023 510,548
At 31 August 2022 390,801

THE MAC LABEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Fixed investments

For the Financial Year 1st September 2022 to 31st August 2023, the company accumulated new investments which has helped the company expand and develop into new business industries.