1 February 2025 false No description of principal activity Taxfiler 2024.6 07919496business:PrivateLimitedCompanyLtd2025-02-012026-01-31 079194962025-01-31 079194962025-02-012026-01-31 07919496business:AuditExemptWithAccountantsReport2025-02-012026-01-31 07919496business:FilletedAccounts2025-02-012026-01-31 079194962026-01-31 07919496business:Director12025-02-012026-01-31 07919496business:RegisteredOffice2025-02-012026-01-31 079194962025-01-31 07919496core:WithinOneYear2026-01-31 07919496core:WithinOneYear2025-01-31 07919496core:AfterOneYear2026-01-31 07919496core:AfterOneYear2025-01-31 07919496core:ShareCapitalcore:PreviouslyStatedAmount2026-01-31 07919496core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 07919496core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-01-31 07919496core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 07919496core:PreviouslyStatedAmount2026-01-31 07919496core:PreviouslyStatedAmount2025-01-31 07919496business:SmallEntities2025-02-012026-01-31 07919496countries:EnglandWales2025-02-012026-01-31 07919496core:PlantMachinery2025-02-012026-01-31 07919496core:PlantMachinery2025-01-31 07919496core:ComputerEquipment2025-01-31 07919496core:ComputerEquipment2025-02-012026-01-31 07919496core:PlantMachinery2026-01-31 07919496core:ComputerEquipment2026-01-31 07919496business:Director112025-02-012026-01-31 07919496business:Director112025-01-31 07919496business:Director112026-01-31 079194962024-02-012025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 07919496 (England and Wales)
Macelec Limited Unaudited accounts for the year ended 31 January 2026
Macelec Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Macelec Limited Company Information for the year ended 31 January 2026
Director
Simon McNaughton
Company Number
07919496 (England and Wales)
Registered Office
37 Fern Road St Leonards On Sea East Sussex TN38 0UJ
Accountants
RDM Accountancy Services Ltd Freedom Works The Palace Workspace 1-3 Robertson Street Hastings East Sussex TN34 1HN
- 3 -
Macelec Limited Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,146 
5,080 
Current assets
Debtors
5
7,520 
7,379 
Cash at bank and in hand
2,922 
1,551 
10,442 
8,930 
Creditors: amounts falling due within one year
6
(13,070)
(14,102)
Net current liabilities
(2,628)
(5,172)
Total assets less current liabilities
1,518 
(92)
Creditors: amounts falling due after more than one year
7
- 
(2,055)
Provisions for liabilities
Other provisions
(787)
(964)
Net assets/(liabilities)
731 
(3,111)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
729 
(3,113)
Shareholders' funds
731 
(3,111)
For the year ending 31 January 2026 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 his 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 23 October 2026 and were signed on its behalf by
Simon McNaughton Director Company Registration No. 07919496
- 4 -
Macelec Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Macelec Limited is a private company, limited by shares, registered in England and Wales, registration number 07919496. The registered office is 37 Fern Road, St Leonards On Sea, East Sussex, TN38 0UJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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.
Plant & machinery
25% Reducing Balance
Deferred taxation
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.
Turnover
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.
- 5 -
Macelec Limited Notes to the Accounts for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2025
27,175 
- 
27,175 
Additions
- 
448 
448 
At 31 January 2026
27,175 
448 
27,623 
Depreciation
At 1 February 2025
22,095 
- 
22,095 
Charge for the year
1,270 
112 
1,382 
At 31 January 2026
23,365 
112 
23,477 
Net book value
At 31 January 2026
3,810 
336 
4,146 
At 31 January 2025
5,080 
- 
5,080 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
145 
- 
Other debtors
7,375 
7,379 
7,520 
7,379 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
2,250 
3,195 
VAT
- 
1,207 
Taxes and social security
6,410 
4,210 
Other creditors
3,454 
4,600 
Accruals
956 
890 
13,070 
14,102 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
- 
2,055 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Simon McNaughton
Directors Loan Account
2,098 
4,007 
4,010 
2,095 
2,098 
4,007 
4,010 
2,095 
- 6 -
Macelec Limited Notes to the Accounts for the year ended 31 January 2026
9
Average number of employees
During the year the average number of employees was 3 (2025: 2).
- 7 -