1 September 2024 false No description of principal activity Taxfiler 2024.6 02742082 business:PrivateLimitedCompanyLtd 2024-09-01 2025-01-31 02742082 2024-08-31 02742082 2024-09-01 2025-01-31 02742082 business:AuditExemptWithAccountantsReport 2024-09-01 2025-01-31 02742082 business:FilletedAccounts 2024-09-01 2025-01-31 02742082 2025-01-31 02742082 business:Director1 2024-09-01 2025-01-31 02742082 business:Director2 2024-09-01 2025-01-31 02742082 business:RegisteredOffice 2024-09-01 2025-01-31 02742082 2024-08-31 02742082 core:WithinOneYear 2025-01-31 02742082 core:WithinOneYear 2024-08-31 02742082 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-01-31 02742082 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 02742082 core:PreviouslyStatedAmount 2025-01-31 02742082 core:PreviouslyStatedAmount 2024-08-31 02742082 business:SmallEntities 2024-09-01 2025-01-31 02742082 countries:EnglandWales 2024-09-01 2025-01-31 02742082 core:PlantMachinery 2024-09-01 2025-01-31 02742082 core:FurnitureFittings 2024-09-01 2025-01-31 02742082 core:LandBuildings 2024-08-31 02742082 core:PlantMachinery 2024-08-31 02742082 core:FurnitureFittings 2024-08-31 02742082 core:LandBuildings 2024-09-01 2025-01-31 02742082 core:LandBuildings 2025-01-31 02742082 core:PlantMachinery 2025-01-31 02742082 core:FurnitureFittings 2025-01-31 02742082 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 02742082 (England and Wales)
Macinnes Tooling Limited Unaudited accounts for the period from 1 September 2024 to 31 January 2025
Macinnes Tooling Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Macinnes Tooling Limited Company Information for the period from 1 September 2024 to 31 January 2025
Directors
James Boyle Audrey Boyle
Company Number
02742082 (England and Wales)
Registered Office
International House 46 The Priory Queensway Birmingham B4 7LR United Kingdom
Accountants
STZ Accounting Ltd 24 Rickard Avenue STRATHAVEN UK ML10 6GW
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Macinnes Tooling Limited Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Called up share capital not paid
(21)
(21)
Fixed assets
Tangible assets
4
146,687
177,247
Current assets
Inventories
134,374
59,123
Debtors
5
184,251
185,245
Cash at bank and in hand
460,002
454,861
778,627
699,229
Creditors: amounts falling due within one year
6
(306,028)
(248,868)
Net current assets
472,599
450,361
Net assets
619,265
627,587
Capital and reserves
Profit and loss account
619,265
627,587
Shareholders' funds
619,265
627,587
For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by
James Boyle Director Company Registration No. 02742082
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Macinnes Tooling Limited Notes to the Accounts for the period from 1 September 2024 to 31 January 2025
1
Statutory information
Macinnes Tooling Limited is a private company, limited by shares, registered in England and Wales, registration number 02742082. The registered office is International House, 46 The Priory Queensway, Birmingham, B4 7LR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Macinnes Tooling Limited Notes to the Accounts for the period from 1 September 2024 to 31 January 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
175,262
6,270
9,193
190,725
Revaluations
(30,262)
-
-
(30,262)
At 31 January 2025
145,000
6,270
9,193
160,463
Depreciation
At 1 September 2024
-
5,471
8,007
13,478
Charge for the period
-
120
178
298
At 31 January 2025
-
5,591
8,185
13,776
Net book value
At 31 January 2025
145,000
679
1,008
146,687
At 31 August 2024
175,262
799
1,186
177,247
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
184,251
185,245
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(3,377)
17,197
Trade creditors
204,463
140,062
Taxes and social security
87,886
73,395
Loans from directors
13,356
12,314
Accruals
3,700
5,900
306,028
248,868
7
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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