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Registration number: 07323341

MKN Engineering Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2023

 

MKN Engineering Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

MKN Engineering Limited

Company Information

Director

Mr Mark Geoffrey Newton

Registered office

Unit 1
Hansons Works
Marley Street
Keighley
West Yorkshire
BD21 5JX

Accountants

Nigel Gorski Consulting
Chartered Accountant
23 Hollinwood View
Bingley
West Yorkshire
BD16 2EF

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
MKN Engineering Limited
for the Year Ended 31 July 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MKN Engineering Limited for the year ended 31 July 2023 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of MKN Engineering Limited, as a body, in accordance with the terms of our engagement letter dated 3 October 2011. Our work has been undertaken solely to prepare for your approval the accounts of MKN Engineering Limited and state those matters that we have agreed to state to the Board of Directors of MKN Engineering Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MKN Engineering Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that MKN Engineering Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MKN Engineering Limited. You consider that MKN Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of MKN Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Nigel Gorski Consulting
Chartered Accountant
23 Hollinwood View
Bingley
West Yorkshire
BD16 2EF

15 April 2024

 

MKN Engineering Limited

(Registration number: 07323341)
Balance Sheet as at 31 July 2023

2023
£

2022
£

Fixed assets

6,908

9,211

Current assets

149,923

133,287

Creditors: Amounts falling due within one year

(100,145)

(73,855)

Net current assets

49,778

59,432

Total assets less current liabilities

56,686

68,643

Creditors: Amounts falling due after more than one year

(43,854)

(56,538)

Accruals and deferred income

(12,184)

(2,652)

 

648

9,453

Capital and reserves

648

9,453

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 1
Hansons Works
Marley Street
Keighley
West Yorkshire
BD21 5JX

These financial statements were authorised for issue by the director on 15 April 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2022 - 3).

3

Related party transactions

Transactions with the director

2023

At 1 August 2022
£

Advances to director
£

At 31 July 2023
£

Mr Mark Geoffrey Newton

Interest free loan

54,480

35,983

90,463

       
     

 

 

MKN Engineering Limited

(Registration number: 07323341)
Balance Sheet as at 31 July 2023

2022

At 1 August 2021
£

Advances to director
£

At 31 July 2022
£

Mr Mark Geoffrey Newton

Interest free loan

44,775

9,705

54,480

       
     

 

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his 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 micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 15 April 2024
 

.........................................
Mr Mark Geoffrey Newton
Director