REGISTERED NUMBER: 05317720 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Mac Logistics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Stephen Paul McManus

Mr Paul James McManus

Mr Adam Stephen McManus

SECRETARY:

Ms Andra McManus

REGISTERED OFFICE:

Unit A

Acornfield Road

Knowsley Industrial Park

Liverpool

Merseyside

L33 7AS

REGISTERED NUMBER:

05317720 (England and Wales)

ACCOUNTANTS:

LJS Accounting Services (UK) Ltd

Unit 5, 1st Floor

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

FIXED ASSETS

Tangible assets

4

67,530

64,145

CURRENT ASSETS

Debtors

5

238,324

261,559

Cash at bank and in hand

11,880

12,860

250,204

274,419

CREDITORS

Amounts falling due within one year

6

227,751

213,649

NET CURRENT ASSETS

22,453

60,770

TOTAL ASSETS LESS CURRENT LIABILITIES

89,983

124,915

CREDITORS

Amounts falling due after more than one year

7

(26,459

)

(23,790

)

PROVISIONS FOR LIABILITIES

9

(16,146

)

(14,651

)

NET ASSETS

47,378

86,474

CAPITAL AND RESERVES

Called up share capital

103

103

Retained earnings

10

47,275

86,371

SHAREHOLDERS' FUNDS

47,378

86,474

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 30 September 2025 and were signed on its behalf by:

Mr Stephen Paul McManus - Director

1.	STATUTORY INFORMATION

Mac Logistics 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 12 (2023 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

91,116

6,713

53,625

3,764

155,218

Additions

21,490

-

-

-

21,490

At 31 December 2024

112,606

6,713

53,625

3,764

176,708

DEPRECIATION

At 1 January 2024

48,163

6,041

34,721

2,148

91,073

Charge for year

12,888

168

4,726

323

18,105

At 31 December 2024

61,051

6,209

39,447

2,471

109,178

NET BOOK VALUE

At 31 December 2024

51,555

504

14,178

1,293

67,530

At 31 December 2023

42,953

672

18,904

1,616

64,145

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

228,305

218,933

VAT

7,519

42,626

235,824

261,559

Amounts falling due after more than one year:

Amounts owed by group undertakings

2,500

-

Aggregate amounts

238,324

261,559

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

66,501

79,846

Trade creditors

8,357

7,933

Tax

106,557

87,630

Social security and other taxes

36,335

10,390

Other creditors

3,351

19,670

Directors' current accounts

2,331

4,457

Accrued expenses

4,319

3,723

227,751

213,649

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

26,459

23,790

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

66,501

79,846

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

16,146

14,651

Deferred

tax

£

Balance at 1 January 2024

14,651

Provided during year

1,495

Balance at 31 December 2024

16,146

10.

RESERVES

Retained

earnings

£

At 1 January 2024

86,371

Profit for the year

94,904

Dividends

(134,000

)

At 31 December 2024

47,275