1 November 2023 false No description of principal activity Taxfiler 2024.6 08726820business:PrivateLimitedCompanyLtd2023-11-012024-10-31 087268202023-10-31 087268202023-11-012024-10-31 08726820business:AuditExemptWithAccountantsReport2023-11-012024-10-31 08726820business:AbridgedAccounts2023-11-012024-10-31 087268202024-10-31 087268202023-10-31 08726820core:WithinOneYear2024-10-31 08726820core:WithinOneYear2023-10-31 08726820core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 08726820core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 08726820core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 08726820core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 08726820core:PreviouslyStatedAmount2024-10-31 08726820core:PreviouslyStatedAmount2023-10-31 08726820business:SmallEntities2023-11-012024-10-31 08726820business:Director12023-11-012024-10-31 08726820countries:EnglandWales2023-11-012024-10-31 08726820business:RegisteredOffice2023-11-012024-10-31 08726820core:LandBuildings2023-11-012024-10-31 08726820core:PlantMachinery2023-11-012024-10-31 08726820core:FurnitureFittings2023-11-012024-10-31 08726820core:ComputerEquipment2023-11-012024-10-31 08726820core:AcceleratedTaxDepreciationDeferredTax2024-10-31 08726820core:AcceleratedTaxDepreciationDeferredTax2023-10-31 087268202022-10-31 087268202022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08726820 (England and Wales)
JOE MACARI CLASSICS LIMITED Unaudited accounts for the year ended 31 October 2024
JOE MACARI CLASSICS LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
120,005 
217,035 
Current assets
Inventories
1,857,687 
2,967,184 
Debtors
2,453,460 
995,979 
Cash at bank and in hand
22,948 
334,783 
4,334,095 
4,297,946 
Creditors: amounts falling due within one year
(4,410,262)
(4,505,610)
Net current liabilities
(76,167)
(207,664)
Total assets less current liabilities
43,838 
9,371 
Provisions for liabilities
Deferred tax
(37,610)
(7,970)
Net assets
6,228 
1,401 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
6,218 
1,391 
Shareholders' funds
6,228 
1,401 
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 24 July 2025 and were signed on its behalf by
J Macari Director Company Registration No. 08726820
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JOE MACARI CLASSICS LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
JOE MACARI CLASSICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08726820. The registered office is Unit 6, The Kimber Centre, 54 Kimber Road, Wandsworth, London, SW18 4PP, UK.
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 year, 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:
Land & buildings
straight line over 15 years
Plant & machinery
25% wdv
Fixtures & fittings
25% wdv
Computer equipment
25% wdv
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2023
961,634 
At 31 October 2024
961,634 
Depreciation
At 1 November 2023
744,599 
Charge for the year
97,030 
At 31 October 2024
841,629 
Net book value
At 31 October 2024
120,005 
At 31 October 2023
217,035 
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JOE MACARI CLASSICS LIMITED Notes to the Accounts for the year ended 31 October 2024
5
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
37,610 
7,970 
2024 
2023 
£ 
£ 
Provision at start of year
7,970 
7,970 
Charged to the profit and loss account
29,640 
- 
Provision at end of year
37,610 
7,970 
6
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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