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Company Registration No. 12942924 (England and Wales)
MCS Finance Limited Unaudited accounts for the year ended 31 October 2024
MCS Finance Limited Unaudited accounts Contents
Page
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MCS Finance Limited Company Information for the year ended 31 October 2024
Director
M C Noel
Company Number
12942924 (England and Wales)
Registered Office
117 HORSEBRIDGE HILL NEWPORT PO30 5TL ENGLAND
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MCS Finance Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
1,560 
383 
Cash at bank and in hand
25 
370 
1,585 
753 
Net current assets
1,585 
753 
Total assets less current liabilities
1,585 
753 
Creditors: amounts falling due after more than one year
(1,130)
- 
Net assets
455 
753 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
454 
752 
Shareholders' funds
455 
753 
For the year ending 31 October 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 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 19 November 2024 and were signed on its behalf by
M C Noel Director Company Registration No. 12942924
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MCS Finance Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
MCS Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 12942924. The registered office is 117 HORSEBRIDGE HILL, NEWPORT, PO30 5TL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
1,560 
383 
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
1,130 
- 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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