Mackie Services Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14002615

Mackie Services Ltd

Unaudited financial statements

31 March 2025

Mackie Services Ltd

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		77,173		12,686

Current assets

Debtors	6	281,978	113,909
Cash at bank and in hand		46,462	16,335
		---------	---------
		328,440	130,244

Creditors: Amounts falling due within one year	7	( 350,569)		( 134,547)
		---------		---------
Net current liabilities			( 22,129)		( 4,303)
			-------		-------
Total assets less current liabilities			55,044		8,383

Creditors: Amounts falling due after more than one year	8		( 41,058)		–

Provisions

Taxation including deferred tax	( 3,503)	( 2,102)
	-------	------
Net assets	10,483	6,281
	-------	------

Capital and reserves

Called up share capital	100	100
Profit and loss account	10,383	6,181
	-------	------
Shareholders funds	10,483	6,281
	-------	------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mackie Services Ltd

Statement of financial position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 28 July 2025 , and are signed on behalf of the board by:

A Mackie
Director

Company registration number: 14002615

Mackie Services Ltd

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, IP32 7EA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Equipment	-	25% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of employees during the year was 5 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	11,250	–	–	3,041	14,291
Additions	–	6,622	56,663	4,201	67,486
	-------	------	-------	------	-------
At 31 March 2025	11,250	6,622	56,663	7,242	81,777
	-------	------	-------	------	-------
Depreciation
At 1 April 2024	1,125	–	–	480	1,605
Charge for the year	1,013	993	–	993	2,999
	-------	------	-------	------	-------
At 31 March 2025	2,138	993	–	1,473	4,604
	-------	------	-------	------	-------
Carrying amount
At 31 March 2025	9,112	5,629	56,663	5,769	77,173
	-------	------	-------	------	-------
At 31 March 2024	10,125	–	–	2,561	12,686
	-------	------	-------	------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	240,546	113,059
Other debtors	41,432	850
	---------	---------
	281,978	113,909
	---------	---------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	93,880	7,533
Social security and other taxes	57,738	24,924
Other creditors	198,951	102,090
	---------	---------
	350,569	134,547
	---------	---------

Included in other creditors is an amount of £159,398 (2024: £98,989) which is secured by the director.

8. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	41,058	–
	-------	----