Company Registration No. 03964023 (England and Wales)
Midcam Engineering Limited
Unaudited accounts
for the year ended 31 July 2023
Midcam Engineering Limited
Unaudited accounts
Contents
Midcam Engineering Limited
Company Information
for the year ended 31 July 2023
Directors
W W Campbell
N W Midgley
Company Number
03964023 (England and Wales)
Registered Office
Unit 2, Batley Business Park
Technology Drive
Batley
WEST YORKSHIRE
WF17 6ER
United Kingdom
Accountants
AAC Chartered Accountants
Unit 2, Batley Business Park
Technology Drive
BATLEY
WEST YORKSHIRE
WF17 6ER
Midcam Engineering Limited
Statement of financial position
as at 31 July 2023
Tangible assets
10,263
11,365
Cash at bank and in hand
49,847
35,234
Creditors: amounts falling due within one year
(74,432)
(88,719)
Net current assets
105,281
102,195
Total assets less current liabilities
115,544
113,560
Creditors: amounts falling due after more than one year
(45,614)
(51,304)
Called up share capital
60,000
60,000
Profit and loss account
9,930
2,256
Shareholders' funds
69,930
62,256
For the year ending 31 July 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 4 October 2022 and were signed on its behalf by
W W Campbell
Director
Company Registration No. 03964023
Midcam Engineering Limited
Notes to the Accounts
for the year ended 31 July 2023
Midcam Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 03964023. The registered office is Unit 2, Batley Business Park, Technology Drive, Batley, WEST YORKSHIRE, WF17 6ER, United Kingdom.
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:
Plant & machinery
25% on a reducing balance basis
4
Tangible fixed assets
Plant & machinery
Midcam Engineering Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
62,866
88,680
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
51,632
58,182
Taxes and social security
11,305
16,345
Other creditors
11,495
14,192
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
4,456
-
4,456
-
Directors Loan
1,234
-
1,234
-
9
Average number of employees
During the year the average number of employees was 9 (2022: 9).