IRIS Accounts Production v25.1.3.33 12703120 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 44401 449 219836 259638 218436 214788 45801 44401 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127031202024-03-31127031202025-03-31127031202024-04-012025-03-31127031202023-03-31127031202023-04-012024-03-31127031202024-03-3112703120ns15:EnglandWales2024-04-012025-03-3112703120ns14:PoundSterling2024-04-012025-03-3112703120ns10:Director12024-04-012025-03-3112703120ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3112703120ns10:SmallEntities2024-04-012025-03-3112703120ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3112703120ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3112703120ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3112703120ns10:FullAccounts2024-04-012025-03-3112703120ns10:OrdinaryShareClass12024-04-012025-03-3112703120ns10:OrdinaryShareClass22024-04-012025-03-3112703120ns10:Director2422024-03-3112703120ns10:Director2422023-03-3112703120ns10:Director2422024-04-012025-03-3112703120ns10:Director2422023-04-012024-03-3112703120ns10:Director2422025-03-3112703120ns10:Director2422024-03-3112703120ns10:Director22024-04-012025-03-3112703120ns10:RegisteredOffice2024-04-012025-03-3112703120ns5:CurrentFinancialInstruments2025-03-3112703120ns5:CurrentFinancialInstruments2024-03-3112703120ns5:ShareCapital2025-03-3112703120ns5:ShareCapital2024-03-3112703120ns5:RetainedEarningsAccumulatedLosses2025-03-3112703120ns5:RetainedEarningsAccumulatedLosses2024-03-3112703120ns5:FurnitureFittings2024-04-012025-03-3112703120ns5:ComputerEquipment2024-04-012025-03-3112703120ns5:FurnitureFittings2024-03-3112703120ns5:ComputerEquipment2024-03-3112703120ns5:FurnitureFittings2025-03-3112703120ns5:ComputerEquipment2025-03-3112703120ns5:FurnitureFittings2024-03-3112703120ns5:ComputerEquipment2024-03-3112703120ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3112703120ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3112703120ns5:AcceleratedTaxDepreciationDeferredTax2025-03-3112703120ns5:AcceleratedTaxDepreciationDeferredTax2024-03-3112703120ns5:DeferredTaxation2024-03-3112703120ns5:DeferredTaxation2024-04-012025-03-3112703120ns5:DeferredTaxation2025-03-3112703120ns10:OrdinaryShareClass12025-03-3112703120ns10:OrdinaryShareClass22025-03-31127031201ns10:Director12024-03-31127031201ns10:Director12023-03-31127031201ns10:Director12024-04-012025-03-31127031201ns10:Director12023-04-012024-03-31127031201ns10:Director12025-03-31127031201ns10:Director12024-03-31
REGISTERED NUMBER: 12703120 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MAC PSYCHOLOGY LTD

MAC PSYCHOLOGY LTD (REGISTERED NUMBER: 12703120)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAC PSYCHOLOGY LTD

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







Directors: Dr M A Chadwick
Mrs A E Chadwick





Registered office: 1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ





Registered number: 12703120 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

MAC PSYCHOLOGY LTD (REGISTERED NUMBER: 12703120)

Balance Sheet
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,210 1,867

CURRENT ASSETS
Debtors 5 45,801 53,201
Cash at bank 680,640 341,142
726,441 394,343
CREDITORS
Amounts falling due within one year 6 149,588 92,143
NET CURRENT ASSETS 576,853 302,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

578,063

304,067

PROVISIONS FOR LIABILITIES 7 302 467
NET ASSETS 577,761 303,600

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 577,759 303,598
SHAREHOLDERS' FUNDS 577,761 303,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 10 June 2025 and were signed on its behalf by:





Dr M A Chadwick - Director


MAC PSYCHOLOGY LTD (REGISTERED NUMBER: 12703120)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

MAC Psychology Ltd 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 20% straight line

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.

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 3 (2024 - 3 ) .

MAC PSYCHOLOGY LTD (REGISTERED NUMBER: 12703120)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 2,600 1,404 4,004
DEPRECIATION
At 1 April 2024 997 1,140 2,137
Charge for year 401 256 657
At 31 March 2025 1,398 1,396 2,794
NET BOOK VALUE
At 31 March 2025 1,202 8 1,210
At 31 March 2024 1,603 264 1,867

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors - 8,800
Other debtors 45,801 44,401
45,801 53,201

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 149,588 92,143

7. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax
Accelerated capital allowances 302 467

Deferred
tax
£   
Balance at 1 April 2024 467
Provided during year (165 )
Balance at 31 March 2025 302

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary A 1 1 1
1 Ordinary B 1 1 1
2 2

MAC PSYCHOLOGY LTD (REGISTERED NUMBER: 12703120)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
Dr M A Chadwick and Mrs A E Chadwick
Balance outstanding at start of year 44,401 (449 )
Amounts advanced 219,836 259,638
Amounts repaid (218,436 ) (214,788 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,801 44,401

The overdrawn Directors Loan Account was repaid within 9 months.