Company Registration No. 01538706 (England and Wales)
M. C. P. Limited
Unaudited accounts
for the year ended 31 January 2024
M. C. P. Limited
Unaudited accounts
Contents
M. C. P. Limited
Company Information
for the year ended 31 January 2024
Company Number
01538706 (England and Wales)
Registered Office
1 Camphill Industrial Estate
Camphill Road
West Byfleet
KT14 6EW
Accountants
Golding & Co Accounting Services Limited
29 Blackwood Close
West Byfleet
Surrey
KT14 6PP
M. C. P. Limited
Statement of financial position
as at 31 January 2024
Intangible assets
250,000
250,000
Tangible assets
78,198
31,729
Cash at bank and in hand
49,479
325,844
Creditors: amounts falling due within one year
(80,022)
(81,867)
Net current assets
279,772
269,907
Net assets
607,970
551,636
Called up share capital
100
100
Profit and loss account
607,870
551,536
Shareholders' funds
607,970
551,636
For the year ending 31 January 2024 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 his 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 22 October 2024 and were signed on its behalf by
Michael Powell
Director
Company Registration No. 01538706
M. C. P. Limited
Notes to the Accounts
for the year ended 31 January 2024
M. C. P. Limited is a private company, limited by shares, registered in England and Wales, registration number 01538706. The registered office is 1 Camphill Industrial Estate, Camphill Road, West Byfleet, KT14 6EW.
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.
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:
Plant & machinery
25% Straight Line
Computer equipment
33% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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.
M. C. P. Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Intangible fixed assets
Other
At 1 February 2023
345,000
At 31 January 2024
345,000
At 31 January 2024
250,000
At 31 January 2023
250,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2023
4,700
134,633
23,000
10,101
10,688
183,122
Additions
41,995
-
18,208
-
-
60,203
Disposals
-
-
-
(7,562)
(4,858)
(12,420)
At 31 January 2024
46,695
134,633
41,208
2,539
5,830
230,905
At 1 February 2023
4,700
129,169
4,217
7,613
5,694
151,393
Charge for the year
3,062
3,101
5,207
423
1,941
13,734
On disposals
-
-
-
(7,562)
(4,858)
(12,420)
At 31 January 2024
7,762
132,270
9,424
474
2,777
152,707
At 31 January 2024
38,933
2,363
31,784
2,065
3,053
78,198
At 31 January 2023
-
5,464
18,783
2,488
4,994
31,729
Amounts falling due within one year
Trade debtors
13,276
8,892
Amounts falling due after more than one year
M. C. P. Limited
Notes to the Accounts
for the year ended 31 January 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
22,003
31,747
Taxes and social security
38,444
25,343
Loans from directors
632
1,982
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).