| REGISTERED NUMBER: |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED |
| Unaudited Financial Statements for the Year Ended 30 June 2025 |
| REGISTERED NUMBER: |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED |
| Unaudited Financial Statements for the Year Ended 30 June 2025 |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED |
| Company Information |
| for the Year Ended 30 June 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 59-61 Charlotte Street |
| St Pauls Square |
| Birmingham |
| West Midlands |
| B3 1PX |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Balance Sheet |
| 30 June 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Balance Sheet - continued |
| 30 June 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2025 |
| 1. | STATUTORY INFORMATION |
| Mackenzie Tools and Productions Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 July 2024 |
| Additions |
| At 30 June 2025 |
| DEPRECIATION |
| At 1 July 2024 |
| Charge for year |
| At 30 June 2025 |
| NET BOOK VALUE |
| At 30 June 2025 |
| At 30 June 2024 |
| Cost or valuation at 30 June 2025 is represented by: |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| Valuation in 2017 | 20,876 | - | - | - | 20,876 |
| Cost | 406,307 | 572,001 | 61,514 | 25,352 | 1,065,174 |
| 427,183 | 572,001 | 61,514 | 25,352 | 1,086,050 |
| If freehold property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 385,499 | 385,499 |
| Aggregate depreciation | 49,365 | 49,365 |
| Freehold property was valued on an open market basis on 30 June 2017 by Alec Stretch . |
| The net book value of tangible fixed assets includes £ 206,609 (2024 - £ 206,609 ) in respect of assets held under hire purchase contracts. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 24,540 | 35,063 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 129,856 | 181,101 |
| Invoice Finance | 133,114 | 135,202 |
| The bank borrowings are secured. |
| Invoice finance is secured on the outstanding debtor book. |
| Hire purchase contract is secured upon the related asset held under hire purchase. |
| 9. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 July 2024 |
| and 30 June 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| At the year end a creditor of £5,556 (2024: £5,556) was due to MTP Laser. |
| MACKENZIE TOOLS AND PRODUCTIONS LIMITED (REGISTERED NUMBER: 00362031) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Mr A R W Stretch due to holding over 99% of the issued share capital. |