2 false false false false false false false false false true false false false false false false No description of principal activity 2021-07-08 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13501379 2021-07-08 2022-03-31 13501379 2022-03-31 13501379 bus:Director1 2021-07-08 2022-03-31 13501379 core:WithinOneYear 2022-03-31 13501379 core:ShareCapital 2022-03-31 13501379 core:RetainedEarningsAccumulatedLosses 2022-03-31 13501379 bus:SmallEntities 2021-07-08 2022-03-31 13501379 bus:AuditExemptWithAccountantsReport 2021-07-08 2022-03-31 13501379 bus:FullAccounts 2021-07-08 2022-03-31 13501379 bus:SmallCompaniesRegimeForAccounts 2021-07-08 2022-03-31 13501379 bus:PrivateLimitedCompanyLtd 2021-07-08 2022-03-31
COMPANY REGISTRATION NUMBER: 13501379
MC2JC LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2022
MC2JC LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2022
31 Mar 22
Note
£
£
CURRENT ASSETS
Cash at bank and in hand
14,000
CREDITORS: amounts falling due within one year
5
5,265
--------
NET CURRENT ASSETS
8,735
-------
TOTAL ASSETS LESS CURRENT LIABILITIES
8,735
-------
NET ASSETS
8,735
-------
CAPITAL AND RESERVES
Called up share capital fully paid
100
Profit and loss account
8,635
-------
SHAREHOLDERS FUNDS
8,735
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 13 June 2022 , and are signed on behalf of the board by:
Mr M F E Curnow
Director
Company registration number: 13501379
MC2JC LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 8 JULY 2021 TO 31 MARCH 2022
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 2 .
5. CREDITORS: amounts falling due within one year
31 Mar 22
£
Corporation tax
2,095
Social security and other taxes
1,467
Other creditors
1,703
-------
5,265
-------
6. RELATED PARTY TRANSACTIONS
The director have advanced monies to the company. At 31 March 2022 the amount due from the company was £703.