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REGISTERED NUMBER: 06788235 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MAK DISTRIBUTION LIMITED

MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAK DISTRIBUTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S L Rae





SECRETARY: Mrs J Rae





REGISTERED OFFICE: Units 4 & 5
Century Close Kirk Sandall Industrial Es
Doncaster
South Yorkshire
DN3 1TR





REGISTERED NUMBER: 06788235 (England and Wales)





ACCOUNTANTS: AMH Accountancy Services Limited
10 Railway Court
Ten Pound Walk
DONCASTER
South Yorkshire
DN4 5FB

MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,090 54,392

CURRENT ASSETS
Stocks 1,585,070 1,584,133
Debtors 5 207,432 211,154
Investments 6 29,705 29,705
Cash at bank and in hand 43,730 33,612
1,865,937 1,858,604
CREDITORS
Amounts falling due within one year 7 1,085,446 1,113,072
NET CURRENT ASSETS 780,491 745,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

833,581

799,924

CREDITORS
Amounts falling due after more than one year 8 (152,537 ) (224,642 )

PROVISIONS FOR LIABILITIES (8,472 ) (8,014 )
NET ASSETS 672,572 567,268

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 671,572 566,268
672,572 567,268

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

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

The director acknowledges his 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.

MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)

BALANCE SHEET - continued
30 APRIL 2024


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 director and authorised for issue on 2 April 2025 and were signed by:





S L Rae - Director


MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 412,793
Additions 49,787
Disposals (159,952 )
At 30 April 2024 302,628
DEPRECIATION
At 1 May 2023 358,401
Charge for year 23,551
Eliminated on disposal (132,414 )
At 30 April 2024 249,538
NET BOOK VALUE
At 30 April 2024 53,090
At 30 April 2023 54,392

MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023 72,636
Additions 46,982
Disposals (16,400 )
At 30 April 2024 103,218
DEPRECIATION
At 1 May 2023 48,150
Charge for year 20,420
Eliminated on disposal (11,211 )
At 30 April 2024 57,359
NET BOOK VALUE
At 30 April 2024 45,859
At 30 April 2023 24,486

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 155,967 109,607
Other debtors 51,465 101,547
207,432 211,154

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 29,705 29,705

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 454,913 373,687
Hire purchase contracts 16,984 9,860
Trade creditors 305,638 420,345
Taxation and social security 229,522 178,244
Other creditors 78,389 130,936
1,085,446 1,113,072

MAK DISTRIBUTION LIMITED (REGISTERED NUMBER: 06788235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 117,708 213,542
Hire purchase contracts 34,829 11,100
152,537 224,642