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McDonald Automation LTD
Registered Number:04505304
For the year ended 05 April 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 05 April 2018
McDonald Automation LTD
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
As at 05 April 2018
McDonald Automation LTD
Statement of Financial Position
Registered Number :
04505304
£
£
2017
2018
Total assets less current liabilities
-
-
-
Net assets/liabilities
-
-
-
Shareholders' funds
The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 05 April 2018.
The members have not required the company to obtain an audit of its financial statements for the year ended 05 April 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Franklin McDonald Director
These financial statements were approved and authorised for issue by the Board on 13 November 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 05 April 2018
McDonald Automation LTD
Notes to the Financial Statements
Statutory Information
McDonald Automation LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04505304.
Registered address:
68 Wolverhampton Road
Oldbury
West Midlands
B68 0LJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
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