Mackie Services Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14002615

Mackie Services Ltd

Unaudited financial statements

31 March 2026

Mackie Services Ltd

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		66,547		77,173

Current assets

Debtors	6	324,400	281,978
Cash at bank and in hand		69,113	46,462
		---------	---------
		393,513	328,440

Creditors: Amounts falling due within one year	7	( 401,675)		( 350,569)
		---------		---------
Net current liabilities			( 8,162)		( 22,129)
			-------		-------
Total assets less current liabilities			58,385		55,044

Creditors: Amounts falling due after more than one year	8		( 30,301)		( 41,058)

Provisions

Taxation including deferred tax	( 4,120)	( 3,503)
	-------	-------
Net assets	23,964	10,483
	-------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	23,864	10,383
	-------	-------
Shareholders funds	23,964	10,483
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mackie Services Ltd

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 4 June 2026 , and are signed on behalf of the board by:

A Mackie
Director

Company registration number: 14002615

Mackie Services Ltd

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, IP32 7EA. The trading address is The Willows, Fiddlers Green, Attleborough, Norfolk, NR17 1AL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable in the ordinary course of business, and is shown net of Value Added Tax. Revenue from the sale of services is recognised when the service has been satisfactorily provided, the amount can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Where services are rendered under a contract, revenue is recognised based on the stage of completion at the reporting date-provided the outcome can be reliably estimated. If not, revenue is recognised only to the extent that expenses incurred are expected to be recoverable.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	15% reducing balance
Equipment	-	25% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at present value. Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of employees during the year was 2 (2025: 5 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2025	11,250	6,622	56,663	7,242	81,777
Additions	–	–	–	1,998	1,998
Disposals	–	–	–	( 1,089)	( 1,089)
	-------	------	-------	------	-------
At 31 March 2026	11,250	6,622	56,663	8,151	82,686
	-------	------	-------	------	-------
Depreciation
At 1 April 2025	2,138	993	–	1,473	4,604
Charge for the year	1,367	844	8,499	1,313	12,023
Disposals	–	–	–	( 488)	( 488)
	-------	------	-------	------	-------
At 31 March 2026	3,505	1,837	8,499	2,298	16,139
	-------	------	-------	------	-------
Carrying amount
At 31 March 2026	7,745	4,785	48,164	5,853	66,547
	-------	------	-------	------	-------
At 31 March 2025	9,112	5,629	56,663	5,769	77,173
	-------	------	-------	------	-------

6. Debtors

	2026	2025
	£	£
Trade debtors	295,799	240,546
Other debtors	28,601	41,432
	---------	---------
	324,400	281,978
	---------	---------

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	52,203	93,880
Social security and other taxes	54,986	57,738
Other creditors	294,486	198,951
	---------	---------
	401,675	350,569
	---------	---------

Included in other creditors is an amount of £277,991 (2025: £159,398) which is secured by the director. Included in other creditors is an amount of £11,657 (2025: £26,927) which is secured by the director.

8. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	30,301	41,058
	-------	-------

Included in other creditors is an amount of £30,301 (2025: £41,058) which is secured on the assets concerned.

9. Director's advances, credits and guarantees

Included within debtors at the year end is a directors loan account of £Nil (2025: £Nil). Interest of £454 (2025: £Nil) was charged at the official rate. The maximum overdrawn balance during the year was £41,562.