MCAL MERCHANT LIMITED

Company Registration Number:
04934311 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

MCAL MERCHANT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

MCAL MERCHANT LIMITED

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Directors

The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 2023

Mike Olov Christopherson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 October 2024

And signed on behalf of the board by:
Name: Mike Olov Christopherson
Status: Director

MCAL MERCHANT LIMITED

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 20,255 56,317
Total fixed assets: 20,255 56,317
Current assets
Stocks: 4 8,278 5,040
Debtors: 5 35,016 82,420
Cash at bank and in hand: 3,794 39,973
Total current assets: 47,088 127,433
Creditors: amounts falling due within one year: 6 ( 309,043 ) ( 294,087 )
Net current assets (liabilities): (261,955) (166,654)
Total assets less current liabilities: (241,700) ( 110,337)
Provision for liabilities: ( 109 ) ( 1,121 )
Total net assets (liabilities): (241,809) (111,458)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (242,809 ) (112,458 )
Total Shareholders' funds: ( 241,809 ) (111,458)

The notes form part of these financial statements

MCAL MERCHANT LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 October 2024
and signed on behalf of the board by:

Name: Mike Olov Christopherson
Status: Director

The notes form part of these financial statements

MCAL MERCHANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

    Tangible fixed assets depreciation policy

    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 Machinery 25 Reducing Balance Fixtures and Fittings 25 Reducing Balance Motor Vehicles 25 Reducing Balance

MCAL MERCHANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 24 29

MCAL MERCHANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 96,838 290,352 112,969 500,159
Additions
Disposals ( 21,984 ) ( 21,984 )
Revaluations
Transfers
At 31 October 2023 96,838 290,352 90,985 478,175
Depreciation
At 1 November 2022 87,648 272,537 83,657 443,842
Charge for year 2,296 4,454 7,328 14,078
On disposals
Other adjustments
At 31 October 2023 89,944 276,991 90,985 457,920
Net book value
At 31 October 2023 6,894 13,361 0 20,255
At 31 October 2022 9,190 17,815 29,312 56,317

MCAL MERCHANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Stocks

2023 2022
£ £
Stocks 8,278 5,040
Total 8,278 5,040

MCAL MERCHANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors

2023 2022
£ £
Prepayments and accrued income 29,148
Other debtors 35,016 53,272
Total 35,016 82,420

MCAL MERCHANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 33,078 37,661
Trade creditors 0 125,911
Taxation and social security 51,274 26,707
Other creditors 224,691 103,808
Total 309,043 294,087