REGISTERED NUMBER: 07068473 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

Mac's MOT's Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Cole

C Cole

REGISTERED OFFICE:

Unit 1

Wmbley Street

Gainsborough

Lincolnshire

DN21 2AJ

REGISTERED NUMBER:

07068473 (England and Wales)

ACCOUNTANTS:

Elite Pest Management Limited

Mercury House

Willoughton Drive

Foxby Lane

Gainsborough

Lincolnshire

DN21 1DY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

53,190

25,277

53,190

25,277

CURRENT ASSETS

Stocks

75

75

Debtors

6

7,413

4,886

Cash at bank

75,829

100,537

83,317

105,498

CREDITORS

Amounts falling due within one year

7

24,063

24,750

NET CURRENT ASSETS

59,254

80,748

TOTAL ASSETS LESS CURRENT LIABILITIES

112,444

106,025

PROVISIONS FOR LIABILITIES

8

9,764

4,386

NET ASSETS

102,680

101,639

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

10

102,676

101,635

SHAREHOLDERS' FUNDS

102,680

101,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th September 2025 and were signed on its behalf by:

M A Cole - Director

1.	STATUTORY INFORMATION

Mac's MOT's Limited 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 represents the amount received for the sales of goods and services stated net of value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

20,200

AMORTISATION

At 1st January 2024

and 31st December 2024

20,200

NET BOOK VALUE

At 31st December 2024

-

At 31st December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2024

59,958

14,441

19,028

2,513

95,940

Additions

13,541

2,698

22,166

2,037

40,442

At 31st December 2024

73,499

17,139

41,194

4,550

136,382

DEPRECIATION

At 1st January 2024

39,342

13,039

16,281

2,001

70,663

Charge for year

4,972

820

6,228

509

12,529

At 31st December 2024

44,314

13,859

22,509

2,510

83,192

NET BOOK VALUE

At 31st December 2024

29,185

3,280

18,685

2,040

53,190

At 31st December 2023

20,616

1,402

2,747

512

25,277

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,030

1,476

Prepayments

4,383

3,410

7,413

4,886

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

14,886

4,337

Tax

5,432

9,313

Social security and other taxes

1,271

2,844

Directors' current accounts

2,474

8,256

24,063

24,750

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

9,764

4,386

Deferred

tax

£

Balance at 1st January 2024

4,386

Accelerated capital allowances

5,378

Reduction

Balance at 31st December 2024

9,764

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1.00

2

2

2

Ordinary Class B

£1.00

2

2

4

4

10.

RESERVES

Retained

earnings

£

At 1st January 2024

101,635

Profit for the year

46,041

Dividends

(45,000

)

At 31st December 2024

102,676

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors. At the year end the directors were owed £2,474 (2023 - £8,256).