Company Registration No. 08056879 (England and Wales)
MACORP LIMITED
Unaudited accounts
for the year ended 31 May 2024
MACORP LIMITED
Unaudited accounts
Contents
MACORP LIMITED
Company Information
for the year ended 31 May 2024
Company Number
08056879 (England and Wales)
Registered Office
Kyte Hotel
Great North Road
Darrington
Pontefract
West Yorkshire
WF8 3HR
England
MACORP LIMITED
Statement of financial position
as at 31 May 2024
Intangible assets
2,200
2,650
Tangible assets
1,440
1,920
Cash at bank and in hand
-
(827)
Creditors: amounts falling due within one year
(15,920)
(10,779)
Net current liabilities
(12,509)
(8,195)
Net liabilities
(8,869)
(3,625)
Called up share capital
100
100
Profit and loss account
(8,969)
(3,725)
Shareholders' funds
(8,869)
(3,625)
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 his 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 20 February 2024 and were signed on its behalf by
Mike Makin
Director
Company Registration No. 08056879
MACORP LIMITED
Notes to the Accounts
for the year ended 31 May 2024
MACORP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08056879. The registered office is Kyte Hotel, Great North Road, Darrington, Pontefract, West Yorkshire, WF8 3HR, England.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Computer equipment
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
MACORP LIMITED
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
31,632
500
32,132
At 31 May 2024
31,632
500
32,132
At 1 June 2023
29,832
380
30,212
Charge for the year
450
30
480
At 31 May 2024
30,282
410
30,692
At 31 May 2024
1,350
90
1,440
At 31 May 2023
1,800
120
1,920
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,023
6,023
Loans from directors
9,897
4,056
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).