Mackenzie Residential Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: SC512391 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

MACKENZIE RESIDENTIAL LIMITED

Page

Balance Sheet

1

FIXED ASSETS

1,974

1,097

CURRENT ASSETS

579,857

636,657

CREDITORS

Amounts falling due within one year

(113,344

)

(210,075

)

NET CURRENT ASSETS

466,513

426,582

TOTAL ASSETS LESS CURRENT LIABILITIES

468,487

427,679

CAPITAL AND RESERVES

468,487

427,679

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Mackenzie Residential Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC512391

Registered office:

North Trinity House

116 Trinity Road

Edinburgh

EH5 3JZ

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023

2022

£

£

Mrs A Mackenzie

Balance outstanding at start of year

(137,015

)

(646,046

)

Amounts advanced

170,770

578,668

Amounts repaid

(312

)

(69,637

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,443

(137,015

)

The Director's loan has no fixed terms of repayment.

Where the balance owed by the Director to the Company exceeds £10,000 the company charges interest at the official rate of interest approved by HM Revenue and Customs.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2023 and were signed on its behalf by:

A D F Mackenzie - Director