MK DECORATING LTD

Company Registration Number:
06939593 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

MK DECORATING LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

MK DECORATING LTD

Company Information

for the Period Ended 30 June 2023




Director: Mladen Minkov Kolevski
Registered office: 29
Dunnock Road
London
E6 5SX
Company Registration Number: 06939593 (England and Wales)

MK DECORATING LTD

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

The company's principal activity during the period was building completion and finishing services.

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Mladen Minkov Kolevski

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Mladen Minkov Kolevski
Status: Director

MK DECORATING LTD

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 11,058 13,485
Total fixed assets: 11,058 13,485
Current assets
Cash at bank and in hand: 10,725 19,182
Total current assets: 10,725 19,182
Creditors: amounts falling due within one year: 6 ( 7,977 ) ( 8,298 )
Net current assets (liabilities): 2,748 10,884
Total assets less current liabilities: 13,806 24,369
Creditors: amounts falling due after more than one year: 7 ( 16,848 ) ( 16,878 )
Total net assets (liabilities): ( 3,042 ) 7,491

The notes form part of these financial statements

MK DECORATING LTD

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 3,142 ) 7,391
Shareholders funds: ( 3,042 ) 7,491

For the year ending 30 June 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 8 February 2024
And Signed On Behalf Of The Board By:

Name: Mladen Minkov Kolevski
Status: Director

The notes form part of these financial statements

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Dividends


2023
£

2022
£
Dividends paid 25,500 4,000

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 July 2022 16,445 16,445
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2023 16,445 16,445
Depreciation
At 01 July 2022 2,960 2,960
Charge for year 2,427 2,427
On disposals - -
Other adjustments - -
At 30 June 2023 5,387 5,387
Net book value
At 30 June 2023 11,058 11,058
At 30 June 2022 13,485 13,485

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 4,466 5,823
Taxation and social security 3,511 2,475
Total 7,977 8,298

MK DECORATING LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 16,848 16,878
Total 16,848 16,878