2022-03-01 2023-02-28 false No description of principal activity Debitam - Tax and Accounts 1.0 12467517 bus:FullAccounts 2022-03-01 2023-02-28 12467517 bus:Micro-entities 2022-03-01 2023-02-28 12467517 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 12467517 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 12467517 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 12467517 2022-03-01 2023-02-28 12467517 2023-02-28 12467517 bus:RegisteredOffice 2022-03-01 2023-02-28 12467517 core:WithinOneYear 2023-02-28 12467517 core:AfterOneYear 2023-02-28 12467517 2021-03-01 12467517 bus:Director1 2022-03-01 2023-02-28 12467517 bus:Director1 2023-02-28 12467517 bus:Director1 2021-03-01 2022-02-28 12467517 bus:CompanySecretary1 2022-03-01 2023-02-28 12467517 bus:LeadAgentIfApplicable 2022-03-01 2023-02-28 12467517 2021-03-01 2022-02-28 12467517 2022-02-28 12467517 core:WithinOneYear 2022-02-28 12467517 core:AfterOneYear 2022-02-28 12467517 bus:EntityAccountantsOrAuditors 2021-03-01 2022-02-28 12467517 core:MotorVehicles 2022-03-01 2023-02-28 12467517 core:MotorVehicles 2023-02-28 12467517 core:MotorVehicles 2022-02-28 12467517 core:OtherPropertyPlantEquipment 2022-03-01 2023-02-28 12467517 core:OtherPropertyPlantEquipment 2023-02-28 12467517 core:OtherPropertyPlantEquipment 2022-02-28 12467517 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 12467517 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-02-28 12467517 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 12467517 core:CostValuation core:Non-currentFinancialInstruments 2022-02-28 12467517 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-02-28 12467517 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-02-28 12467517 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-02-28 12467517 core:Non-currentFinancialInstruments 2023-02-28 12467517 core:Non-currentFinancialInstruments 2022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12467517
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 28 February 2023

for

MCCAT MOTORSPORT LTD

 
 
 
£
2023
£
   
£
2022
£
Fixed assets 25,274  31,592 
Current assets 7,643  6,301 
Creditors: amount falling due within one year (96,715) (81,354)
Net current assets (89,072) (75,053)
Total assets less current liabilities (63,798) (43,461)
Net assets (63,798) (43,461)
 
Capital and reserves (63,798) (43,461)
 
  1. For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Ian Joseph Theato
Director

Date approved: 31 October 2023
1
Statutory Information
MCCAT MOTORSPORT LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12467517, registration address Venn House, Whitehall Road, Bishop's Stortford, CM23 2JL, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Tangible fixed assets
Tangible fixed assets, 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:
Motor Vehicles20% Reducing Balance
Other20% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Motor Vehicles   Other   Total
  £   £   £
At 01 March 2022 32,390    15,342    47,732 
Additions    
Disposals    
At 28 February 2023 32,390    15,342    47,732 
Depreciation
At 01 March 2022 11,660    4,480    16,140 
Charge for year 4,146    2,172    6,318 
On disposals    
At 28 February 2023 15,806    6,652    22,458 
Net book values
Closing balance as at 28 February 2023 16,584    8,690    25,274 
Opening balance as at 01 March 2022 20,730    10,862    31,592 

3.

Average number of employees

Average number of employees during the year was 0  (2022: 1).
2