Registered number
14489659
Mac Elevators Limited
Filleted Accounts
30 November 2024
Mac Elevators Limited
Registered number: 14489659
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 25,729 14,021
Current assets
Debtors 4 1,982 16,837
Cash at bank and in hand 16,405 19,219
18,387 36,056
Creditors: amounts falling due within one year 5 (59,704) (7,381)
Net current (liabilities)/assets (41,317) 28,675
Net (liabilities)/assets (15,588) 42,696
Capital and reserves
Called up share capital 1 1
Profit and loss account (15,589) 42,695
Shareholders' funds (15,588) 42,696
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
H McDonald
Director
Approved by the board on 3 February 2025
Mac Elevators Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 0
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 December 2023 - 18,695 18,695
Additions 15,300 19,005 34,305
Disposals - (18,695) (18,695)
At 30 November 2024 15,300 19,005 34,305
Depreciation
At 1 December 2023 - 4,674 4,674
Charge for the year 3,825 4,751 8,576
On disposals - (4,674) (4,674)
At 30 November 2024 3,825 4,751 8,576
Net book value
At 30 November 2024 11,475 14,254 25,729
At 30 November 2023 - 14,021 14,021
4 Debtors 2024 2023
£ £
CIS 1,982 16,837
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts (6,611) -
Taxation and social security costs 24,407 6,726
VAT 3,122 (3,385)
Director's account 986 245
Accruals 945 900
Other creditors 36,855 2,895
59,704 7,381
6 Other information
Mac Elevators Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Bealbank Close
Newhey
Rochdale
Lancashire
OL16 4LF
Mac Elevators Limited 14489659 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 H McDonald No description of principal activity 14489659 2022-11-16 2023-11-30 14489659 core:WithinOneYear 2023-11-30 14489659 core:ShareCapital 2023-11-30 14489659 core:RetainedEarningsAccumulatedLosses 2023-11-30 14489659 2023-12-01 2024-11-30 14489659 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 14489659 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 14489659 bus:Director40 2023-12-01 2024-11-30 14489659 1 2023-12-01 2024-11-30 14489659 2 2023-12-01 2024-11-30 14489659 core:PlantMachinery 2023-12-01 2024-11-30 14489659 core:Vehicles 2023-12-01 2024-11-30 14489659 countries:England 2023-12-01 2024-11-30 14489659 bus:FRS102 2023-12-01 2024-11-30 14489659 bus:FilletedAccounts 2023-12-01 2024-11-30 14489659 2024-11-30 14489659 core:WithinOneYear 2024-11-30 14489659 core:ShareCapital 2024-11-30 14489659 core:RetainedEarningsAccumulatedLosses 2024-11-30 14489659 core:PlantMachinery 2024-11-30 14489659 core:Vehicles 2024-11-30 14489659 2023-11-30 14489659 core:PlantMachinery 2023-11-30 14489659 core:Vehicles 2023-11-30 iso4217:GBP xbrli:pure