Terry Macey Limited 04029900 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is the design, manufacture and retail of ladies fashions Digita Accounts Production Advanced 6.30.9574.0 true 04029900 2023-08-01 2024-07-31 04029900 2024-07-31 04029900 bus:Director2 1 2024-07-31 04029900 bus:Director3 1 2024-07-31 04029900 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 04029900 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 04029900 bus:Micro-entities 2023-08-01 2024-07-31 04029900 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 04029900 bus:FilletedAccounts 2023-08-01 2024-07-31 04029900 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04029900 bus:RegisteredOffice 2023-08-01 2024-07-31 04029900 bus:Director2 2023-08-01 2024-07-31 04029900 bus:Director2 1 2023-08-01 2024-07-31 04029900 bus:Director3 2023-08-01 2024-07-31 04029900 bus:Director3 1 2023-08-01 2024-07-31 04029900 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04029900 countries:EnglandWales 2023-08-01 2024-07-31 04029900 bus:Director2 1 2023-07-31 04029900 bus:Director3 1 2023-07-31 04029900 2022-08-01 2023-07-31 04029900 2023-07-31 04029900 bus:Director2 1 2023-07-31 04029900 bus:Director3 1 2023-07-31 04029900 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 04029900 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 04029900 bus:Director2 1 2022-08-01 2023-07-31 04029900 bus:Director3 1 2022-08-01 2023-07-31 04029900 bus:Director2 1 2022-07-31 04029900 bus:Director3 1 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 04029900

Terry Macey Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2024

 

Terry Macey Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Terry Macey Limited

(Registration number: 04029900)
Balance Sheet as at 31 July 2024

2024
£

2023
£

Fixed assets

4,825

6,063

Current assets

79,677

80,591

Prepayments and accrued income

5,344

3,729

Creditors: Amounts falling due within one year

(34,194)

(37,858)

Net current assets

50,827

46,462

Total assets less current liabilities

55,652

52,525

Creditors: Amounts falling due after more than one year

(24,503)

(29,655)

Accruals and deferred income

(2,500)

(6,975)

 

28,649

15,895

Capital and reserves

28,649

15,895

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 14 July 2025 and signed on its behalf by:
 

Mr J Macey
Director

   
     
 

Terry Macey Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Winchester House
Deane Gate Avenue
Taunton
Somerset
TA1 2UH
UK

The principal place of business is:
Avalon Chapel
Silver Street
Glastonbury
Somerset
BA6 8BS

These financial statements were authorised for issue by the Board on 14 July 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year was 7 (2023 - 7).

3

Related party transactions

During the year, the company made loans to the directors which are repayable on demand. The aggregate amount outstanding at 31 July 2024 was £18,342 (2023: £8,009).The loans are interest free.

Transactions with directors

2024

At 1 August 2023
£

At 31 July 2024
£

Mr J Macey

Loan account

2,717

7,487

Mr T Macey

Loan account

5,292

10,855

 

Terry Macey Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

2023

At 1 August 2022
£

At 31 July 2023
£

Mr J Macey

Loan account

12,925

2,717

Mr T Macey

Loan account

28,427

5,292