Company Registration No. 14979370 (England and Wales)
H Mac Interiors Ltd
Unaudited accounts
for the year ended 31 July 2025
H Mac Interiors Ltd
Unaudited accounts
Contents
H Mac Interiors Ltd
Company Information
for the year ended 31 July 2025
Company Number
14979370 (England and Wales)
Registered Office
112-113 High Street
Lincoln
Lincolnshire
LN5 7PY
United Kingdom
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
H Mac Interiors Ltd
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
15,102
17,274
Creditors: amounts falling due within one year
(37,678)
(31,137)
Net current assets
14,643
4,596
Total assets less current liabilities
29,843
4,596
Creditors: amounts falling due after more than one year
(3,072)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
23,783
4,496
Shareholders' funds
23,883
4,596
For the year ending 31 July 2025 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 30 September 2025 and were signed on its behalf by
Phoebe Mai Erm
Director
Company Registration No. 14979370
H Mac Interiors Ltd
Notes to the Accounts
for the year ended 31 July 2025
H Mac Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 14979370. The registered office is 112-113 High Street, Lincoln, Lincolnshire, LN5 7PY, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
H Mac Interiors Ltd
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Trade debtors
5,305
13,090
Other debtors
16,416
4,906
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,270
8,273
Taxes and social security
1,636
3,072
Loans from directors
15,806
1,246
Deferred income
16,416
17,996
7
Creditors: amounts falling due after more than one year
2025
2024
Taxes and social security
3,072
-
Prior year corporation tax of £3,072 to be netted off against outstanding CIS (Construction Industry Scheme) tax owed by HMRC.
H Mac Interiors Ltd
Notes to the Accounts
for the year ended 31 July 2025
8
Deferred taxation
2025
2024
Accelerated capital allowances
2,888
-
Charged to other comprehensive income
2,888
-
Provision at end of year
2,888
-
A deferred taxation reserve has been created of some £2,888 due to accelerated capital allowances.
This reserve will reverse in future periods creating a tax liability at the prevailing rate on the day.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 1 (2024: 2).