IRIS Accounts Production v24.3.2.46 12048165 Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120481652023-06-30120481652024-06-30120481652023-07-012024-06-30120481652022-06-30120481652022-07-012023-06-30120481652023-06-3012048165ns15:EnglandWales2023-07-012024-06-3012048165ns14:PoundSterling2023-07-012024-06-3012048165ns10:Director12023-07-012024-06-3012048165ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3012048165ns10:SmallEntities2023-07-012024-06-3012048165ns10:AuditExemptWithAccountantsReport2023-07-012024-06-3012048165ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3012048165ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3012048165ns10:FullAccounts2023-07-012024-06-3012048165ns10:Director22023-07-012024-06-3012048165ns10:RegisteredOffice2023-07-012024-06-3012048165ns5:CurrentFinancialInstruments2024-06-3012048165ns5:CurrentFinancialInstruments2023-06-3012048165ns5:ShareCapital2024-06-3012048165ns5:ShareCapital2023-06-3012048165ns5:RetainedEarningsAccumulatedLosses2024-06-3012048165ns5:RetainedEarningsAccumulatedLosses2023-06-3012048165ns5:LeaseholdImprovements2023-07-012024-06-3012048165ns5:PlantMachinery2023-07-012024-06-3012048165ns5:FurnitureFittings2023-07-012024-06-3012048165ns5:LeaseholdImprovements2023-06-3012048165ns5:PlantMachinery2023-06-3012048165ns5:FurnitureFittings2023-06-3012048165ns5:LeaseholdImprovements2024-06-3012048165ns5:PlantMachinery2024-06-3012048165ns5:FurnitureFittings2024-06-3012048165ns5:LeaseholdImprovements2023-06-3012048165ns5:PlantMachinery2023-06-3012048165ns5:FurnitureFittings2023-06-30
REGISTERED NUMBER: 12048165 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 June 2024

for

Machermore Castle Ltd

Machermore Castle Ltd (Registered number: 12048165)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Machermore Castle Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: C Koke
Mrs H R Koke





REGISTERED OFFICE: Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW





REGISTERED NUMBER: 12048165 (England and Wales)





ACCOUNTANTS: Douglas Fairless Partnership
Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW

Machermore Castle Ltd (Registered number: 12048165)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 207,107 165,505

CURRENT ASSETS
Debtors 5 587 -
Cash at bank 890 8,068
1,477 8,068
CREDITORS
Amounts falling due within one year 6 135,438 104,529
NET CURRENT LIABILITIES (133,961 ) (96,461 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,146

69,044

PROVISIONS FOR LIABILITIES 8,038 9,376
NET ASSETS 65,108 59,668

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 65,106 59,666
SHAREHOLDERS' FUNDS 65,108 59,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Mrs H R Koke - Director


Machermore Castle Ltd (Registered number: 12048165)

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

1. STATUTORY INFORMATION

Machermore Castle Ltd 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
The turnover in the profit & loss account represents revenue recognised on services fully delivered or check in of customer exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - not provided
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Machermore Castle Ltd (Registered number: 12048165)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 July 2023 116,157 21,420 60,520 198,097
Additions 48,646 - 399 49,045
At 30 June 2024 164,803 21,420 60,919 247,142
DEPRECIATION
At 1 July 2023 - 5,377 27,215 32,592
Charge for year - 2,406 5,037 7,443
At 30 June 2024 - 7,783 32,252 40,035
NET BOOK VALUE
At 30 June 2024 164,803 13,637 28,667 207,107
At 30 June 2023 116,157 16,043 33,305 165,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 587 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 6,900 2,492
Corporation taxation 2,615 1,417
Social security and other taxes 239 120
VAT 3,855 5,202
Directors' current accounts 117,775 91,388
Accruals and deferred income 3,000 3,000
Accrued expenses 1,054 910
135,438 104,529

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Machermore Castle Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Machermore Castle Ltd for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Machermore Castle Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Machermore Castle Ltd and state those matters that we have agreed to state to the Board of Directors of Machermore Castle Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Machermore Castle Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Machermore Castle Ltd. You consider that Machermore Castle Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Machermore Castle Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Douglas Fairless Partnership
Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW


Date: .............................................