Company Registration No. 14103389 (England and Wales)
MAC SVC LIMITED
Unaudited accounts
for the year ended 31 May 2024
MAC SVC LIMITED
Unaudited accounts
Contents
MAC SVC LIMITED
Company Information
for the year ended 31 May 2024
Company Number
14103389 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Malloy Accounting Limited
40 Kings Park
Scotland Gate
Choppington
Northumberland
NE62 5SD
MAC SVC LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
14,568
19,616
Cash at bank and in hand
1,449
24,721
Creditors: amounts falling due within one year
(12,018)
(16,564)
Net current (liabilities)/assets
(10,569)
8,157
Called up share capital
1,000
1,000
Profit and loss account
2,999
26,773
Shareholders' funds
3,999
27,773
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 February 2025 and were signed on its behalf by
Ka Ki Mok
Director
Company Registration No. 14103389
MAC SVC LIMITED
Notes to the Accounts
for the year ended 31 May 2024
MAC SVC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14103389. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
13,999
2,265
11,410
27,674
At 31 May 2024
13,999
6,780
11,410
32,189
At 1 June 2023
3,500
755
3,803
8,058
Charge for the year
3,500
2,260
3,803
9,563
At 31 May 2024
7,000
3,015
7,606
17,621
At 31 May 2024
6,999
3,765
3,804
14,568
At 31 May 2023
10,499
1,510
7,607
19,616
MAC SVC LIMITED
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
4,846
Loans from directors
12,018
11,718
6
Average number of employees
During the year the average number of employees was 4 (2023: 2).