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REGISTERED NUMBER: 11153461 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

MC Installations (South West) Limited

MC Installations (South West) Limited (Registered number: 11153461)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

MC Installations (South West) Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C P Francis
Mrs E Francis





REGISTERED OFFICE: The Mount
21 High Street
Wellington
Somerset
TA21 8QT





REGISTERED NUMBER: 11153461 (England and Wales)





ACCOUNTANTS: A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT

MC Installations (South West) Limited (Registered number: 11153461)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,600 7,000
Tangible assets 5 3,850 2,794
9,450 9,794

CURRENT ASSETS
Stocks 17,299 12,613
Debtors 6 10,818 32,803
Cash at bank 12,613 21,100
40,730 66,516
CREDITORS
Amounts falling due within one year 7 19,120 22,997
NET CURRENT ASSETS 21,610 43,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,060

53,313

CREDITORS
Amounts falling due after more than one
year

8

30,941

36,302
NET ASSETS 119 17,011

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19 16,911
119 17,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

MC Installations (South West) Limited (Registered number: 11153461)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





C P Francis - Director


MC Installations (South West) Limited (Registered number: 11153461)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

MC Installations (South West) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 14,000
AMORTISATION
At 1 February 2023 7,000
Charge for year 1,400
At 31 January 2024 8,400
NET BOOK VALUE
At 31 January 2024 5,600
At 31 January 2023 7,000

MC Installations (South West) Limited (Registered number: 11153461)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 6,426
Additions 2,339
At 31 January 2024 8,765
DEPRECIATION
At 1 February 2023 3,632
Charge for year 1,283
At 31 January 2024 4,915
NET BOOK VALUE
At 31 January 2024 3,850
At 31 January 2023 2,794

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 964 5,145
Other debtors 9,854 27,658
10,818 32,803

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 421 1,970
Taxation and social security 12,127 11,825
Other creditors 6,572 9,202
19,120 22,997

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other creditors 30,941 36,302

MC Installations (South West) Limited (Registered number: 11153461)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
C P Francis
Balance outstanding at start of year (138 ) (16 )
Amounts advanced 64,463 34,378
Amounts repaid (59,000 ) (34,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,325 (138 )

MC Installations (South West) Limited

Report of the Accountants to the Directors of
MC Installations (South West) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT


Date: .............................................