AA MAC LIMITED
Statement of financial position
as at
31 December 2022
Cash at bank and in hand
191,885
260,267
Creditors: amounts falling due within one year
(169,966)
(168,587)
Net current assets
131,693
178,205
Net assets
131,693
178,205
Called up share capital
20
20
Profit and loss account
131,673
178,185
Shareholders' funds
131,693
178,205
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 1 February 2023 and were signed on its behalf by
Kamal Amin
Director
Company Registration No. 04478436
AA MAC LIMITED
Notes to the Accounts
for the year ended 31 December 2022
AA MAC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04478436. The registered office is 110 STAFFORD ROAD, WALLINGTON, SURREY, SM6 9AY.
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.
These financial statements for the year ended 31 December 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Amounts falling due within one year
Trade debtors
107,899
83,761
Accrued income and prepayments
-
889
Other debtors
1,875
1,875
5
Creditors: amounts falling due within one year
2022
2021
Trade creditors
87,487
78,045
Taxes and social security
58,547
67,105
6
Average number of employees
During the year the average number of employees was 12 (2021: 12).