0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 9,627 4,512 1,609 6,121 3,506 5,115 xbrli:pure xbrli:shares iso4217:GBP 04089628 2023-04-01 2024-03-31 04089628 2024-03-31 04089628 2023-03-31 04089628 2022-04-01 2023-03-31 04089628 2023-03-31 04089628 2022-03-31 04089628 bus:Director1 2023-04-01 2024-03-31 04089628 core:WithinOneYear 2024-03-31 04089628 core:WithinOneYear 2023-03-31 04089628 core:AfterOneYear 2024-03-31 04089628 core:AfterOneYear 2023-03-31 04089628 core:ShareCapital 2024-03-31 04089628 core:ShareCapital 2023-03-31 04089628 core:RetainedEarningsAccumulatedLosses 2024-03-31 04089628 core:RetainedEarningsAccumulatedLosses 2023-03-31 04089628 bus:SmallEntities 2023-04-01 2024-03-31 04089628 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04089628 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04089628 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04089628 bus:FullAccounts 2023-04-01 2024-03-31 04089628 core:OfficeEquipment 2023-04-01 2024-03-31 04089628 core:OfficeEquipment 2024-03-31 04089628 core:OfficeEquipment 2023-03-31 04089628 bus:Director1 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 04089628
Carter Mackenzie Limited
Filleted Unaudited Financial Statements
For the year ended
31 March 2024
Carter Mackenzie Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
5
3,506
5,115
Current assets
Debtors: due within one year
6
98,230
169,190
Debtors: due after more than one year
6
20,592
12,650
Cash at bank and in hand
180
4,989
---------
---------
119,002
186,829
Creditors: amounts falling due within one year
7
99,886
84,872
---------
---------
Net current assets
19,116
101,957
--------
---------
Total assets less current liabilities
22,622
107,072
Provisions
Taxation including deferred tax
876
1,279
--------
---------
Net assets
21,746
105,793
--------
---------
Capital and reserves
Called up share capital
4
4
Profit and loss account
21,742
105,789
--------
---------
Shareholders funds
21,746
105,793
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Carter Mackenzie Limited
Statement of Financial Position (continued)
31 March 2024
These financial statements were approved by the board of directors and authorised for issue on 28 March 2025 , and are signed on behalf of the board by:
Mr A Moyes
Director
Company registration number: 04089628
Carter Mackenzie Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Wellbrook Court, Girton, Cambridge, CB3 0NA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The turnover shown in the profit and loss account represents consultancy work undertaken during the year, exclusive of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% straight line
4. Employee numbers
The average number of persons employed by the company during the year amounted to nil (2023: nil).
5. Tangible assets
Equipment
£
Cost
At 1 April 2023 and 31 March 2024
9,627
-------
Depreciation
At 1 April 2023
4,512
Charge for the year
1,609
-------
At 31 March 2024
6,121
-------
Carrying amount
At 31 March 2024
3,506
-------
At 31 March 2023
5,115
-------
6. Debtors
Debtors falling due within one year are as follows:
2024
2023
£
£
Trade debtors
17,850
Other debtors
98,230
151,340
--------
---------
98,230
169,190
--------
---------
Debtors falling due after one year are as follows:
2024
2023
£
£
Other debtors
20,592
12,650
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
3,092
Social security and other taxes
94,044
82,372
Other creditors
2,750
2,500
--------
--------
99,886
84,872
--------
--------
8. Director's advances, credits and guarantees
During the year the company made advances to and received repayments from the director. Interest has been charged at the official HMRC rate on any overdrawn loan account balances greater than £10,000, there are no fixed repayment terms.
2024 2023
£ £
Advances 43,610 142,114
Repayments 130,460 58,863
Balance owed to company 62,456 149,306