MC EXCELLENT FLOORS & WALLS LTD

Company Registration Number:
11261104 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MC EXCELLENT FLOORS & WALLS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MC EXCELLENT FLOORS & WALLS LTD

Company Information

for the Period Ended 31 March 2023




Director: ASIMINEI, Viorel Costel
Registered office: 37
Melick Road
Beanhill
Milton Keynes
England
MK6 4LT
Company Registration Number: 11261104 (England and Wales)

MC EXCELLENT FLOORS & WALLS LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Construction of domestic buildings

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
ASIMINEI, Viorel Costel

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: ASIMINEI, Viorel Costel
Status: Director

MC EXCELLENT FLOORS & WALLS LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 83,312 94,300
Cost of sales ( 20,775 ) ( 8,918 )
Gross Profit or (Loss) 62,537 85,382
Administrative Expenses ( 62,409 ) ( 91,208 )
Operating Profit or (Loss) 128 ( 5,826 )
Profit or (Loss) Before Tax 128 ( 5,826 )
Profit or (Loss) for Period 128 ( 5,826 )

The notes form part of these financial statements

MC EXCELLENT FLOORS & WALLS LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 100 100
Tangible assets: 5 6,283
Total fixed assets: 6,383 100
Current assets
Cash at bank and in hand: 0
Total current assets: 0
Net current assets (liabilities): 0
Total assets less current liabilities: 6,383 100
Provision for liabilities: ( 5,400 )
Total net assets (liabilities): 983 100

The notes form part of these financial statements

MC EXCELLENT FLOORS & WALLS LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 755
Profit and loss account: 128
Shareholders funds: 983 100

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: ASIMINEI, Viorel Costel
Status: Director

The notes form part of these financial statements

MC EXCELLENT FLOORS & WALLS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Property, Plant and Equipment outlines the accounting treatment for most types of property, plant and equipment. Property, plant and equipment is initially measured at its cost, subsequently measured either using a cost or revaluation model, and depreciated so that its depreciable amount is allocated on a systematic basis over its useful life.

    Intangible fixed assets amortisation policy

    Intangible Assets are non-monetary assets which are without physical substance and identifiable (either being separable or arising from contractual or other legal rights). Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives

MC EXCELLENT FLOORS & WALLS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

MC EXCELLENT FLOORS & WALLS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

MC EXCELLENT FLOORS & WALLS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 April 2022 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 100 100
Amortisation
Amortisation at 01 April 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2023 - -
Net book value
Net book value at 31 March 2023 100 100
Net book value at 31 March 2022 100 100

MC EXCELLENT FLOORS & WALLS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 April 2022 - -
Additions 6,283 6,283
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 6,283 6,283
Depreciation
At 01 April 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2023 - -
Net book value
At 31 March 2023 6,283 6,283
At 31 March 2022 - -

MC EXCELLENT FLOORS & WALLS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Revaluation reserve


2023
£
Surplus or deficit after revaluation 755
Balance at 31 March 2023 755