Company Registration No. 11616858 (England and Wales)
MCS FLOORING LIMITED
Unaudited accounts
for the year ended 31 October 2023
MCS FLOORING LIMITED
Unaudited accounts
Contents
MCS FLOORING LIMITED
Company Information
for the year ended 31 October 2023
Company Number
11616858 (England and Wales)
Registered Office
411-413, OXFORD STREET OFFICE 1.01
LONDON
W1C 2PE
UNITED KINGDOM
Accountants
Q Accountants Ltd
411 Oxford Street
Office 1.01
London
W1C 2PE
MCS FLOORING LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
27,808
37,050
Cash at bank and in hand
1,380
10,092
Creditors: amounts falling due within one year
(58,101)
(45,164)
Net current assets
3,949
21,144
Total assets less current liabilities
31,757
58,194
Creditors: amounts falling due after more than one year
(30,713)
(49,011)
Called up share capital
100
100
Profit and loss account
944
9,083
Shareholders' funds
1,044
9,183
For the year ending 31 October 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 21 October 2024 and were signed on its behalf by
Sin Hang Chan
Director
Company Registration No. 11616858
MCS FLOORING LIMITED
Notes to the Accounts
for the year ended 31 October 2023
MCS FLOORING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11616858. The registered office is 411-413, OXFORD STREET OFFICE 1.01, LONDON, W1C 2PE, UNITED KINGDOM.
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.
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
20% SLM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
49,592
21,750
71,342
At 31 October 2023
49,592
21,750
71,342
At 1 November 2022
29,749
4,543
34,292
Charge for the year
7,223
2,019
9,242
At 31 October 2023
36,972
6,562
43,534
At 31 October 2023
12,620
15,188
27,808
At 31 October 2022
19,843
17,207
37,050
Amounts falling due within one year
Trade debtors
18,208
5,112
Other debtors
39,262
47,904
MCS FLOORING LIMITED
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
5,065
5,105
Taxes and social security
912
-
Other creditors
10,377
8,257
Loans from directors
39,145
36,080
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,836
11,715
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).