Company Registration No. 13032480 (England and Wales)
MKR Project Management Ltd
Unaudited accounts
for the year ended 30 November 2023
MKR Project Management Ltd
Unaudited accounts
Contents
MKR Project Management Ltd
Company Information
for the year ended 30 November 2023
Director
Michelle Richardson
Company Number
13032480 (England and Wales)
Registered Office
UNIT 1B MOSS LANE
BILSBORROW
PRESTON
PR3 0RU
ENGLAND
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
MKR Project Management Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
25,418
12,993
Creditors: amounts falling due within one year
(42,515)
(20,187)
Net current assets
2
8,376
Called up share capital
1
1
Profit and loss account
1
9,668
Shareholders' funds
2
9,669
For the year ending 30 November 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 her 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 7 February 2024 and were signed on its behalf by
Michelle Richardson
Director
Company Registration No. 13032480
MKR Project Management Ltd
Notes to the Accounts
for the year ended 30 November 2023
MKR Project Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 13032480. The registered office is UNIT 1B MOSS LANE, BILSBORROW, PRESTON, PR3 0RU, ENGLAND. The company is in the process of being wound up.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
MKR Project Management Ltd
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
208
1,338
1,546
Disposals
(208)
(1,338)
(1,546)
At 1 December 2022
30
223
253
Charge for the year
44
446
490
On disposals
(74)
(669)
(743)
At 30 November 2022
178
1,115
1,293
Amounts falling due within one year
Trade debtors
17,099
15,363
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
20,857
15,569
Loans from directors
10,137
336
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).