Company Registration No. 11523568 (England and Wales)
Mac Construction and Groundworks Limited
Unaudited accounts
for the year ended 31 August 2024
Mac Construction and Groundworks Limited
Unaudited accounts
Contents
Mac Construction and Groundworks Limited
Company Information
for the year ended 31 August 2024
Company Number
11523568 (England and Wales)
Registered Office
64 Hillside Park
Mayfield
Bargoed
United Kingdom
CF81 8NL
Accountants
Insight Accountancy
Unit 16, Lamby Way Workshops
Lamby Way
Cardiff
CF3 2EQ
Mac Construction and Groundworks Limited
Statement of financial position
as at 31 August 2024
Tangible assets
3,981
8,924
Cash at bank and in hand
204,766
224,765
Creditors: amounts falling due within one year
(157,800)
(124,400)
Net current assets
145,570
155,834
Total assets less current liabilities
149,551
164,758
Creditors: amounts falling due after more than one year
6,072
902
Net assets
155,623
165,660
Profit and loss account
155,523
165,560
Shareholders' funds
155,623
165,660
For the year ending 31 August 2024 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 director acknowledges his 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 and authorised for issue on 22 May 2025 and were signed on its behalf by
Philip McGinty
Director
Company Registration No. 11523568
Mac Construction and Groundworks Limited
Notes to the Accounts
for the year ended 31 August 2024
Mac Construction and Groundworks Limited is a private company, limited by shares, registered in England and Wales, registration number 11523568. The registered office is 64 Hillside Park, Mayfield, Bargoed, United Kingdom, CF81 8NL.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% on cost
Motor vehicles
20% on cost
Computer equipment
33% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
14,340
26,991
258
41,589
At 31 August 2024
14,340
26,991
258
41,589
At 1 September 2023
14,037
18,592
36
32,665
Charge for the year
70
4,799
74
4,943
At 31 August 2024
14,107
23,391
110
37,608
At 31 August 2024
233
3,600
148
3,981
At 31 August 2023
303
8,399
222
8,924
Mac Construction and Groundworks Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
23,140
17,850
Accrued income and prepayments
3,646
4,365
Other debtors
63,065
26,724
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
35,421
19,578
Taxes and social security
51,145
48,500
Proposed dividends
26,382
26,382
Loans from directors
44,852
29,940
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
(6,072)
(902)
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Average number of employees
During the year the average number of employees was 1 (2023: 1).