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REGISTERED NUMBER: 08308216 (England and Wales)















MCM Services Inc Limited

Unaudited Financial Statements for the Year Ended 30 November 2021






MCM Services Inc Limited (Registered number: 08308216)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


MCM Services Inc Limited

Company Information
for the Year Ended 30 November 2021







DIRECTORS: M C Moore
Mrs N Moore





REGISTERED OFFICE: Plantation Cottage
Peartree Corner
Holbeach
Lincolnshire
PE12 8DL





REGISTERED NUMBER: 08308216 (England and Wales)





ACCOUNTANTS: Salway and Wright
22 Church Street
Holbeach
Lincolnshire
PE12 7LL

MCM Services Inc Limited (Registered number: 08308216)

Abridged Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,675 53,187

CURRENT ASSETS
Stocks 20,000 25,327
Debtors 35,121 89,415
Prepayments and accrued income 1,198 747
Cash at bank 248,834 214,702
305,153 330,191
CREDITORS
Amounts falling due within one year 97,478 151,488
NET CURRENT ASSETS 207,675 178,703
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,350

231,890

PROVISIONS FOR LIABILITIES 7,200 10,100
NET ASSETS 238,150 221,790

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 238,050 221,690
SHAREHOLDERS' FUNDS 238,150 221,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

MCM Services Inc Limited (Registered number: 08308216)

Abridged Balance Sheet - continued
30 November 2021


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 10 August 2022 and were signed on its behalf by:




M C Moore - Director



Mrs N Moore - Director


MCM Services Inc Limited (Registered number: 08308216)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

MCM Services Inc Limited is a private company, limited by shares , registered in England and 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on cost
Office equipment - 15% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

MCM Services Inc Limited (Registered number: 08308216)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2020 93,179
Additions 1,167
Disposals (13,605 )
At 30 November 2021 80,741
DEPRECIATION
At 1 December 2020 39,992
Charge for year 10,557
Eliminated on disposal (7,483 )
At 30 November 2021 43,066
NET BOOK VALUE
At 30 November 2021 37,675
At 30 November 2020 53,187