2022-05-01 08980502 2023-04-30 08980502 2022-05-01 2023-04-30 08980502 2022-04-30 08980502 2021-05-01 2022-04-30 08980502 uk-core:WithinOneYear uk-bus:Original 2022-04-30 08980502 uk-core:WithinOneYear uk-bus:Original 2023-04-30 08980502 uk-core:AfterOneYear uk-bus:Original 2022-04-30 08980502 uk-core:AfterOneYear uk-bus:Original 2023-04-30 08980502 uk-core:ShareCapital uk-bus:Original 2023-04-30 08980502 uk-core:ShareCapital uk-bus:Original 2022-04-30 08980502 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-04-30 08980502 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-04-30 08980502 uk-bus:Director1 uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-core:NetGoodwill uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-core:PlantMachinery uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-core:ToolsEquipment uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-core:FurnitureFittings uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-core:Goodwill uk-bus:Original 2022-04-30 08980502 uk-core:Goodwill uk-bus:Original 2023-04-30 08980502 uk-core:ToolsEquipment uk-bus:Original 2022-04-30 08980502 uk-core:FurnitureFittings uk-bus:Original 2022-04-30 08980502 uk-core:MotorVehicles uk-bus:Original 2022-04-30 08980502 uk-core:PlantMachinery uk-bus:Original 2022-04-30 08980502 uk-core:MotorVehicles uk-bus:Original 2023-04-30 08980502 uk-core:FurnitureFittings uk-bus:Original 2023-04-30 08980502 uk-core:ToolsEquipment uk-bus:Original 2023-04-30 08980502 uk-core:PlantMachinery uk-bus:Original 2023-04-30 08980502 uk-core:MotorVehicles uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-04-30 08980502 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-04-30 iso4217:GBP xbrli:pure 08980502 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-bus:FRS102 uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-bus:FilletedAccounts uk-bus:Original 2022-05-01 2023-04-30 08980502 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-05-01 2023-04-30
MK Comms Installations Ltd
Registered Number:08980502
For the year ended 30 April 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2023
MK Comms Installations Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08980502
As at 30 April 2023
MK Comms Installations Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,848
3,899
3
2,848
3,899
Current assets
Trade and other receivables
5,265
5,347
4
383
Cash and cash equivalents
284
5,631
5,648
Trade and other payables: amounts falling due within one year
(8,420)
(8,340)
5
(2,772)
(2,709)
Net current liabilities
Total assets less current liabilities
139
1,127
Trade and other payables: amounts falling due after more than one
year
(8,333)
(7,500)
6
(7,361)
Net liabilities
(7,206)
Capital and reserves
Called up share capital
2
2
Retained earnings
(7,363)
(7,208)
(7,361)
(7,206)
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Andrew James Middleton Director
These financial statements were approved and authorised for issue by the Board on 20 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2023
MK Comms Installations Ltd
Notes to the Financial Statements
Statutory Information
MK Comms Installations Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08980502.
Registered address:
8 Docking Road
Fring
Norfolk
PE31 6SQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 4 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and equipment
20% Straight line
25% Straight line
Computer equipment
25% Reducing balance
Fixtures and fittings
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5
For the year ended 30 April 2023
MK Comms Installations Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 May 2022
10,000
At 30 April 2023
10,000
Amortisation
At 01 May 2022
10,000
At 30 April 2023
10,000
Net book value
At 30 April 2023
-
At 30 April 2022
-
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
equipment
£
£
£
£
£
Cost or valuation
At 01 May 2022
16,743
220
168
15,234
1,121
At 30 April 2023
15,234
168
220
16,743
1,121
Provision for depreciation and impairment
At 01 May 2022
12,844
220
129
11,489
1,006
Charge for year
1,051
-
-
936
115
At 30 April 2023
13,895
220
129
12,425
1,121
At 30 April 2023
Net book value
-
2,809
39
-
2,848
At 30 April 2022
115
3,745
39
-
3,899
4. Trade and other receivables
2022
2023
£
£
Trade debtors
5,347
5,265
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6
For the year ended 30 April 2023
MK Comms Installations Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
190
55
Other creditors
8,150
8,365
8,340
8,420
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
7,500
8,333
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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