Company No: 02163201 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	20,488		21,759
		20,488		21,759
Current assets
Debtors	4	41,896		34,697
Cash at bank and in hand		38,475		44,969
		80,371		79,666
Creditors: amounts falling due within one year	5	( 54,226)		( 81,608)
Net current assets/(liabilities)		26,145		(1,942)
Total assets less current liabilities		46,633		19,817
Provision for liabilities	6	( 341)		( 46)
Net assets		46,292		19,771
Capital and reserves
Called-up share capital		1,000		1,000
Profit and loss account		45,292		18,771
Total shareholder's funds		46,292		19,771

For the financial year ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Mackenzie and Campbell House Limited (registered number: 02163201) were approved and authorised for issue by the Director on 21 May 2026. They were signed on its behalf by:

G I Maspero Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Mackenzie and Campbell House Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Cross Keys House, 27 The Parade, Marlborough, SN8 1NE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents amounts receivable for services provided where there is a right to consideration prior to the year end. Turnover is included net of Value Added Tax.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	10 % reducing balance
Office equipment	6 years straight line
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either 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.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors 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 payments discounted at a market rate of interest.

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. Amounts 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.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Fixtures and fittings		Office equipment		Computer equipment		Total
	£		£		£		£
Cost
At 01 September 2024	23,076		10,327		7,898		41,301
Additions	0		0		1,315		1,315
At 31 August 2025	23,076		10,327		9,213		42,616
Accumulated depreciation
At 01 September 2024	2,308		9,336		7,898		19,542
Charge for the financial year	2,076		149		361		2,586
At 31 August 2025	4,384		9,485		8,259		22,128
Net book value
At 31 August 2025	18,692		842		954		20,488
At 31 August 2024	20,768		991		0		21,759

4. Debtors

	2025		2024
	£		£
Trade debtors	37,810		30,289
Other debtors	4,086		4,408
	41,896		34,697

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	10,616		10,927
Corporation tax	3,151		7,128
Other taxation and social security	7,381		2,251
Other creditors	33,078		61,302
	54,226		81,608

6. Provision for liabilities

	2025		2024
	£		£
Deferred tax	341		46

7. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	4,319		5,000
between one and five years	0		4,319
Total future minimum lease payments under non-cancellable operating leases	4,319		9,319

8. Related party transactions

During the year the company entered into the following transactions with related parties:

Sales

	2025		2024
	£		£
Entities with a common director	107,247		165,316

Professional fees charged by related parties

	2025		2024
	£		£
Entities with a common director	28,000		28,750

Expenses recharged by related parties

	2025		2024
	£		£
Entities with a common director	5,427		5,000

Amounts due to related parties

The following amounts were outstanding at the reporting end date:

	2025		2024
	£		£
Entities with a common director	1,250		1,250

Amounts due from related parties

The following amounts were outstanding at the reporting end date:

	2025		2024
	£		£
Entities with a common director	34,210		26,689

9. Directors' transactions

At the year end, Mackenzie and Campbell House Limited owed G I Maspero accrued expenses of £9,366 (2024: £9,677 ). As a result, £nil (2024: £nil) was due from G I Maspero at the year end. No interest is accrued on this balance.

During the year the director G I Maspero received dividends of £15,000 (2024: £60,000) of which £nil (2024: £30,000) remains outstanding and is included within other creditors.