Striker pens new deal.Macauley's new contract takes him through to the summer of 2017.
"I am hoping to earn a place on a more regular basis in the next couple of years and to keep scoring goals for the team."
"It has been a big year for me since I first broke into the first team, and it was good to be back in the starting line-up for the win against Bristol last week.
"I am really pleased to have signed my new contract," Macauley told the club website.
Signing his deal comes just five days after he scored the second goal against Bristol City, with the U's toppling the Robins in a memorable win on Saturday.
The teenager, who burst onto the scene on his eighteenth birthday with the match winning goal against Peterborough United, has penned a new two year contract to extend his stay with the U's.
Colchester United striker Macauley Bonne has signed a new professional contract to stay with the club.