REGISTERED NUMBER: 05267966 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MACKENZIE & EBERT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M G Ebert

C T Mackenzie

SECRETARY:

C T Mackenzie

REGISTERED OFFICE:

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

REGISTERED NUMBER:

05267966 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Tangible assets

4

17,632

16,985

CURRENT ASSETS

Debtors

5

1,343,623

1,477,179

Prepayments and accrued income

23,245

22,057

Cash at bank and in hand

610,728

472,214

1,977,596

1,971,450

CREDITORS

Amounts falling due within one year

6

341,808

411,539

NET CURRENT ASSETS

1,635,788

1,559,911

TOTAL ASSETS LESS CURRENT LIABILITIES

1,653,420

1,576,896

PROVISIONS FOR LIABILITIES

(4,255

)

(4,017

)

ACCRUALS AND DEFERRED INCOME

(7,800

)

(6,598

)

NET ASSETS

1,641,365

1,566,281

CAPITAL AND RESERVES

Called up share capital

7

102

102

Retained earnings

1,641,263

1,566,179

SHAREHOLDERS' FUNDS

1,641,365

1,566,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:

M G Ebert - Director

1.	STATUTORY INFORMATION

The presentational currency of the financial statements is the Pound Sterling (£) which is rounded to the nearest pound (£).

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The Company recognise revenue to depict the transfer of services to customers at an amount that the entity expects to be entitled to in the period, in exchange for those services. As the performance obligations of the Company is fulfilled over a period of time, the revenue is recognised over time.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

33% on cost and 25% on cost

Motor vehicles

-

25% on cost

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102

Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 November 2023

7,786

22,473

122,542

152,801

Additions

749

7,619

-

8,368

Disposals

(2,301

)

(5,134

)

-

(7,435

)

At 31 October 2024

6,234

24,958

122,542

153,734

DEPRECIATION

At 1 November 2023

4,683

10,318

120,815

135,816

Charge for year

1,505

4,981

451

6,937

Eliminated on disposal

(2,301

)

(4,350

)

-

(6,651

)

At 31 October 2024

3,887

10,949

121,266

136,102

NET BOOK VALUE

At 31 October 2024

2,347

14,009

1,276

17,632

At 31 October 2023

3,103

12,155

1,727

16,985

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

253,348

400,381

Amounts recoverable on

contracts

1,086,957

1,073,480

Other debtors

3,318

3,318

1,343,623

1,477,179

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

3,246

836

Taxation and social security

305,549

381,568

Other creditors

33,013

29,135

341,808

411,539

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

86

A Ordinary

1.00

86

86

8

B Ordinary

1.00

8

8

8

C, D & E Ordinary

1.00

8

8

102

102