Mackenzie Developments (Warwickshire) - Accounts to registrar (filleted) - small 18.2
Mackenzie Developments (Warwickshire) - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2017 |
| FOR |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD (REGISTERED NUMBER: 09880017) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH NOVEMBER 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Business Advisors |
| 1&2 Mercia Village |
| Torwood Close |
| Westwood Business Park |
| Coventry |
| West Midlands |
| CV4 8HX |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD (REGISTERED NUMBER: 09880017) |
| BALANCE SHEET |
| 30TH NOVEMBER 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD (REGISTERED NUMBER: 09880017) |
| BALANCE SHEET - continued |
| 30TH NOVEMBER 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD (REGISTERED NUMBER: 09880017) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2017 |
| 1. | STATUTORY INFORMATION |
| Mackenzie Developments (Warwickshire) Ltd is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
| bringing stocks to their present location and condition. |
| Taxation |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD (REGISTERED NUMBER: 09880017) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st December 2016 |
| Additions |
| At 30th November 2017 |
| DEPRECIATION |
| At 1st December 2016 |
| Charge for year |
| At 30th November 2017 |
| NET BOOK VALUE |
| At 30th November 2017 |
| At 30th November 2016 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1st December 2016 |
| and 30th November 2017 |
| NET BOOK VALUE |
| At 30th November 2017 |
| At 30th November 2016 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| VAT |
| Prepayments |
| MACKENZIE DEVELOPMENTS (WARWICKSHIRE) |
| LTD (REGISTERED NUMBER: 09880017) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2017 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Other loans |
| Hire purchase contracts |
| Trade creditors |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 491,863 | 683,889 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other loans - 2-5 years |
| Hire purchase contracts |
| 9. | RELATED PARTY DISCLOSURES |
| Wood Street (Leamington) Ltd |
| Subsidiary of Mackenzie Developments (Warwickshire) Ltd |
| 2017 | 2016 |
| £ | £ |
| Amount due (to)/from related party at the balance sheet date | (996,775 | ) | 302,422 |