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Company Registration No. SC535259 (Scotland)
MCC Process Technology Limited Unaudited accounts for the year ended 30 June 2023
MCC Process Technology Limited Unaudited accounts Contents
Page
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MCC Process Technology Limited Company Information for the year ended 30 June 2023
Director
Cem Cakir
Company Number
SC535259 (Scotland)
Registered Office
5 South Charlotte Street Edinburgh Midlothian EH2 4AN Scotland
Accountants
Jameson Accounting Services 87 Hillesden Avenue Elstow Bedford Bedfordshire MK42 9AJ
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MCC Process Technology Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
182 
Current assets
Debtors
24,016 
20,427 
Cash at bank and in hand
2,527 
2,553 
26,543 
22,980 
Creditors: amounts falling due within one year
(26,343)
(22,656)
Net current assets
200 
324 
Net assets
200 
506 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
- 
306 
Shareholders' funds
200 
506 
For the year ending 30 June 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 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 10 November 2023 and were signed on its behalf by
Cem Cakir Director Company Registration No. SC535259
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MCC Process Technology Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
MCC Process Technology Limited is a private company, limited by shares, registered in Scotland, registration number SC535259. The registered office is 5 South Charlotte Street, Edinburgh, Midlothian, EH2 4AN, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 to 4 years
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MCC Process Technology Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
799 
At 30 June 2023
799 
Depreciation
At 1 July 2022
617 
Charge for the year
182 
At 30 June 2023
799 
Net book value
At 30 June 2023
- 
At 30 June 2022
182 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
465 
- 
Trade debtors
12,036 
17,262 
Accrued income and prepayments
9,503 
3,165 
Other debtors
2,012 
- 
24,016 
20,427 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
2,111 
7,690 
Taxes and social security
7,881 
12,729 
Other creditors
1,496 
452 
Loans from directors
- 
94 
Accruals
1,823 
458 
Deferred income
13,032 
1,233 
26,343 
22,656 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Cem Cakir
Directors loan account
(94)
2,106 
- 
2,012 
(94)
2,106 
- 
2,012 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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