13990152 2023-04-01 2024-03-31 13990152 uk-bus:Director1 2023-04-01 2024-03-31 13990152 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13990152 uk-bus:SmallEntities 2023-04-01 2024-03-31 13990152 uk-bus:FullAccounts 2023-04-01 2024-03-31 13990152 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13990152 2023-04-01 13990152 2024-03-31 13990152 2022-04-01 2023-03-31 13990152 2023-03-31 xbrli:pure iso4217:GBP 13990152 2022-04-01 2023-03-31
Company Registration Number : 13990152 (England and Wales)
13990152
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-03-31
false
MC ENGINEERED SOLUTIONS LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-04-01
MC ENGINEERED SOLUTIONS LTD
Unaudited financial statements and annual report
For the year ended 31 March 2024
MC ENGINEERED SOLUTIONS LTD
Contents
For the year ended 31 March 2024

CONTENTS PAGE
Company Information 3
Director's Report 4
Director's Responsibilities Statement
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Notes to the Financial Statements 8 - 10
Detailed Income Statement 11


MC ENGINEERED SOLUTIONS LTD
Company Information
For the year ended 31 March 2024

Company registration number 13990152 (England and Wales)
Director Matthew James O'BRIEN
Registered office address 162 Beam Avenue
Dagenham
RM10 9BL
Accountant












Accountant





MC ENGINEERED SOLUTIONS LTD
Director's Report
For the year ended 31 March 2024

The director presents his/her report and the Unaudited Financial Statements for the year ended 31 March 2024.
Director of the company
The following directors held office during the whole of the period:
Matthew James O'BRIEN
Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 102 1A.
Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;
-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board of directors and signed on its behalf by:
Matthew James O'BRIEN (Director)
Date: 16 April 2024
This report was approved by the board on 2024-04-16 Date: 16 April 2024
MC ENGINEERED SOLUTIONS LTD
Accountant's report
For the year ended 31 March 2024

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of MC ENGINEERED SOLUTIONS LTD for the year ended 31 March 2024.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MC ENGINEERED SOLUTIONS LTD for the year ended 31 March 2024.


We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.


You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.


The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.






2024-04-16 Date: 16 April 2024
5
MC ENGINEERED SOLUTIONS LTD
Income Statement
For the year ended 31 March 2024

2024 2023
Notes £ £
Turnover 5 129,255 5,770
Cost of sales (84,610) (3,692)
Gross profit 44,645 2,078
Selling and distribution expenses (972) -
Administrative expenses (47,172) (389)
Operating loss 6 (3,498) 1,689
Loss on ordinary activities before taxation (3,498) 1,689
Tax - (321)
Loss for the year (3,498) 1,368
/* == Copy of Frs105 Profit Loss for XML COntent ============================================================ */
Profit and loss account
2024 2023
£ £
MC ENGINEERED SOLUTIONS LTD
Statement of Financial Position
For the year ended 31 March 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 9 14,220 -
14,220 -
Current assets
Debtors 10 - 657
Cash and cash equivalents 11 12,151 8,114
12,151 8,771
Current liabilities
Creditors: Amounts falling due within one year 12 (5,461) (362)
Corporation tax payable (1,978) (1,978)
(7,439) (2,340)
Net current assets/(liabilities) 4,713 6,431
Total assets less current liabilities 18,933 6,431
Non-current liabilities
Creditors: Amounts falling due after more than one year 13 (18,000) -
Net assets/(liabilities) 933 6,431
Capital and reserves
Called up share capital 14 1 1
Retained earnings 932 6,430
Shareholder's funds 933 6,431
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
  • For the year ended 31 March 2024 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 16 April 2024
.............................
Matthew James O'BRIEN (Director)
Company registration number: 13990152
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-03-31 31 March 2024
2024 2023
£ £
Fixed Assets 14,220 0
Current Assets 12,151 8,771
Creditors: amounts falling due within one year (7,439) (2,340)
Net current assets (liabilities) 4,713 6,431
Total assets less current liabilities 18,933 6,431
CREDITORS: Amounts falling due more than one year (18,000) 0
Net Assets (liabilities) 933 6,431
Capital and Reserves 933 6,431
For the year ending 31/03/2024 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. For the year ending 31-03-2024 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 for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the small companies provisions and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 16 April 2024 2024-04-16 and signed on behalf of the board,
.............................
Matthew James O'BRIEN
Director
Company registration number: 13990152
MC ENGINEERED SOLUTIONS LTD
Notes to the Financial Statements
For the year ended 31 March 2024

(1) General Information
MC ENGINEERED SOLUTIONS LTD is a private company limited by shares, domiciled and incorporated in England and Wales. Its registered office is Petronne House, 31 Church Street, Dagenham RM10 9UR.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies regime.
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Turnover
The revenue from company's operations comprise:
2024 2023
£ £
Sales 129,255 5,770
129,255 5,770

(6) Operating profit
Operating profit for the year from continuing operations has been arrived after charging:
2024 2023
£ £
Staff costs 38,350 -
38,350 -

(7) Employees
During the year, the average number of employees including director was 0 (2023 : 0).

The above numbers are averages for the year and calculated on a full-time equivalent basis. The aggregate payroll costs of the above were:
2024 2023
£ £
Wages and salaries 38,350 -
38,350 -

(8) Tax
Current tax
2024 2023
£ £
Corporation tax charge for current year - 321
Total current tax - 321

(9) Tangible fixed assets
Plant and Machinery
£
Cost
Additions14,220
As at 31 March 202414,220
Depreciation
As at 31 March 2024-
Net book value
As at 31 March 202414,220
As at 31 March 2023-

(10) Debtors
Amounts falling due within one year
2024 2023
£ £
Other debtors - 657
- 657

(11) Cash and cash equivalents
2024 2023
£ £
Bank balance 12,151 8,114
12,151 8,114

(12) Creditors: Amounts falling due within one year
2024 2023
£ £
Trade creditors 43 362
Other taxes and social security 4,300 -
Other creditors 1,118 -
5,461 362

(13) Creditors: Amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 18,000 -
18,000 -

(14) Share capital and reserves
Alloted,called up and fully paid: 2024 2023
£ £
1 (2023 : 1) Ordinary Shares of £ 1 each11
1 1
Ordinary shares hold equal voting rights.
Retained earnings 2024
£
At 1 April 2023 6,430
Loss of the year (3,498)
Dividends paid (2,000)
At 31 March 2024 932
MC ENGINEERED SOLUTIONS LTD
Detailed Income Statement
For the year ended 31 March 2024




This section does not form part of the statutory accounts.




2024 2023
£ £
Turnover 129,255 5,770
Less : Cost of sales
Subcontractor Costs 27,096 -
Other Direct Expenditure 49,124 3,525
Transportation Costs 8,390 167
84,610 3,692
Gross Profit 44,645 2,078
Less : Selling and distribution expenses
Advertising and Marketing 392 -
Subsistence 580 -
972 -
Less : Administrative expenses
Repairs and Renewals 803 -
Employee Salary Expense 38,350 -
Training and Development 980 -
IT Costs 1,148 23
Accountancy, Bookkeeping and Auditing Fees 1,650 259
Legal and Professional Fees 3,197 103
Insurance 821 -
Printing, Postage and Stationery 37 -
Telephone and Internet 187 4
47,172 389
Operating loss (3,498) 1,689
Loss on ordinary activities before taxation (3,498) 1,689
Less : Tax
Corporation Tax - 321
- 321
Net loss for the year after taxation (3,498) 1,368