Company Registration No. 11257627 (England and Wales)
Mercolux Cars Ltd
Unaudited accounts
for the year ended 14 September 2021
Mercolux Cars Ltd
Unaudited accounts
Contents
Mercolux Cars Ltd
Company Information
for the year ended 14 September 2021
Director
Georgios Voutsinos
Company Number
11257627 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
Accountants
Wizz Accounting Ltd
128 City Road
London
EC1V 2NX
Mercolux Cars Ltd
Statement of financial position
as at 14 September 2021
Tangible assets
15,077
22,873
Cash at bank and in hand
8
635
Creditors: amounts falling due within one year
(36)
-
Net current assets
374
8,515
Total assets less current liabilities
15,451
31,388
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net liabilities
(34,549)
(18,612)
Called up share capital
1
1
Profit and loss account
(34,550)
(18,613)
Shareholders' funds
(34,549)
(18,612)
For the year ending 14 September 2021 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 director acknowledges his 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 and authorised for issue on 14 September 2022 and were signed on its behalf by
Georgios Voutsinos
Director
Company Registration No. 11257627
Mercolux Cars Ltd
Notes to the Accounts
for the year ended 14 September 2021
Mercolux Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 11257627. The registered office is 128 City Road, London, EC1V 2NX.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 15 September 2020
29,125
1,544
30,669
At 14 September 2021
29,125
1,544
30,669
At 15 September 2020
7,281
515
7,796
Charge for the year
7,281
515
7,796
At 14 September 2021
14,562
1,030
15,592
At 14 September 2021
14,563
514
15,077
At 14 September 2020
21,844
1,029
22,873
5
Debtors: amounts falling due within one year
2021
2020
Mercolux Cars Ltd
Notes to the Accounts
for the year ended 14 September 2021
6
Creditors: amounts falling due within one year
2021
2020
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).