Company registration number 10867680 (England and Wales)
MACSIS GROUP LIMITED
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
MACSIS GROUP LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
MACSIS GROUP LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
124,870
167,855
Current assets
Stocks
17,309
16,485
Debtors
4
20,250
22,555
Cash at bank and in hand
72,925
94,857
110,484
133,897
Creditors: amounts falling due within one year
5
(446,740)
(481,913)
Net current liabilities
(336,256)
(348,016)
Net liabilities
(211,386)
(180,161)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(211,486)
(180,261)
Total equity
(211,386)
(180,161)

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 February 2026 and are signed on its behalf by:
A P Macari
Director
Company registration number 10867680 (England and Wales)
MACSIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Macsis Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Cawley Place, 15 Cawley Road, Chichester, West Sussex, PO19 1UZ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company is reporting net current liabilities and net liabilities due to losses which arose in the first periods of active trading as the restaurant established its trading position. The directors have committed to provide continued support as necessary should it be required to enable its liabilities to be settled when they fall due and as such the accounts are prepared on a going concern basis.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

The company recognises revenue from the following major sources:

- Restaurant sales

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Restaurant sales

Revenue from the restaurant is recognised when customers have completed their meal.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
10 year on a straight line basis
Fixtures and fittings
25% on a reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

MACSIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

MACSIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from directors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
26
28
MACSIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 August 2024
347,402
140,267
487,669
Additions
-
0
2,800
2,800
At 31 July 2025
347,402
143,067
490,469
Depreciation and impairment
At 1 August 2024
210,571
109,243
319,814
Depreciation charged in the year
37,320
8,465
45,785
At 31 July 2025
247,891
117,708
365,599
Carrying amount
At 31 July 2025
99,511
25,359
124,870
At 31 July 2024
136,831
31,024
167,855
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
-
0
7,000
Prepayments and accrued income
20,250
15,555
20,250
22,555
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
29,306
26,587
Taxation and social security
69,621
66,488
Other creditors
327,605
371,430
Accruals and deferred income
20,208
17,408
446,740
481,913
6
Operating lease commitments
As lessee
MACSIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
6
Operating lease commitments
(Continued)
- 6 -

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
112,200
153,000

Lease commitments relate to the company trading premises for which the annual rent is £40,800.

2025-07-31 2024-08-01 false false false 20 February 2026 CCH Software CCH Accounts Production 2025.200 No description of principal activity A P Macari M Macari A Macari C Macari L Macari 10867680 2024-08-01 2025-07-31 10867680 2025-07-31 10867680 2024-07-31 10867680 core:LandBuildings 2025-07-31 10867680 core:OtherPropertyPlantEquipment 2025-07-31 10867680 core:LandBuildings 2024-07-31 10867680 core:OtherPropertyPlantEquipment 2024-07-31 10867680 core:ShareCapital 2025-07-31 10867680 core:ShareCapital 2024-07-31 10867680 core:RetainedEarningsAccumulatedLosses 2025-07-31 10867680 core:RetainedEarningsAccumulatedLosses 2024-07-31 10867680 bus:Director1 2024-08-01 2025-07-31 10867680 core:LeaseholdImprovements 2024-08-01 2025-07-31 10867680 core:FurnitureFittings 2024-08-01 2025-07-31 10867680 2023-08-01 2024-07-31 10867680 core:LandBuildings 2024-07-31 10867680 core:OtherPropertyPlantEquipment 2024-07-31 10867680 2024-07-31 10867680 core:LandBuildings 2024-08-01 2025-07-31 10867680 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 10867680 core:CurrentFinancialInstruments 2025-07-31 10867680 core:CurrentFinancialInstruments 2024-07-31 10867680 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 10867680 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 10867680 bus:FRS102 2024-08-01 2025-07-31 10867680 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 10867680 bus:Director2 2024-08-01 2025-07-31 10867680 bus:Director3 2024-08-01 2025-07-31 10867680 bus:Director4 2024-08-01 2025-07-31 10867680 bus:Director5 2024-08-01 2025-07-31 10867680 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP