Mac Design Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07414932

Mac Design Holdings Ltd

Filleted Unaudited Financial Statements

31 December 2024

Mac Design Holdings Ltd

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Mac Design Holdings Ltd

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Investments	5		350		284

Current assets

Debtors	6	42,484	42,650
Cash at bank and in hand		44	44
		--------	--------
		42,528	42,694

Creditors: amounts falling due within one year	7	–		100
		--------		--------
Net current assets			42,528		42,594
			--------		--------
Total assets less current liabilities			42,878		42,878
			--------		--------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		42,778	42,778
		--------	--------
Shareholders funds		42,878	42,878
		--------	--------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

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

Mac Design Holdings Ltd

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:

Mr F J Macfarlane

Director

Company registration number: 07414932

Mac Design Holdings Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

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.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

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.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Average number of employees

During the year the average number of employees was 3 (2022: 2) which consisted of the directors only.

5. Investments

	Shares in group undertakings	Other investments other than loans	Total
	£	£	£
Cost
At 1 January 2024	203	81	284
Additions	–	66	66
	----	----	----
At 31 December 2024	203	147	350
	----	----	----
Impairment
At 1 January 2024 and 31 December 2024	–	–	–
	----	----	----

Carrying amount
At 31 December 2024	203	147	350
	----	----	----
At 31 December 2023	203	81	284
	----	----	----

6. Debtors

	2024	2023
	£	£
Amounts owed by group and/or related undertakings	42,484	42,650
	--------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Amounts owed to group and/or related undertakings	–	100
	----	----

8. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
A Ordinary shares of £ 1 each	76	76	76	76
B Ordinary shares of £ 1 each	8	8	8	8
C Ordinary shares of £ 1 each	8	8	8	8
D Ordinary shares of £ 1 each	8	8	8	8
	----	----	----	----
	100	100	100	100
	----	----	----	----

9. Related party transactions

During the year the company received dividend income of £nil (2023: £19,049) from a group undertaking. At the balance sheet date this group undertaking owed the company £17,650 (2023: £42,650), which is shown amongst debtors. The company has taken advantage of the exception granted under FRS102 section 33.1A not to disclose transactions with wholly owned subsidiaries within the group.