Company Registration No. SC763532 (Scotland)
M Calvert Engineering Ltd
Unaudited accounts
for the period from 24 March 2023 to 31 March 2024
M Calvert Engineering Ltd
Unaudited accounts
Contents
M Calvert Engineering Ltd
Company Information
for the period from 24 March 2023 to 31 March 2024
Company Number
SC763532 (Scotland)
Accountants
brand jamieson co
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
M Calvert Engineering Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
20,012
Creditors: amounts falling due within one year
(6,213)
Total assets less current liabilities
17,453
Creditors: amounts falling due after more than one year
(950)
Profit and loss account
16,502
Shareholders' funds
16,503
For the period ending 31 March 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 23 November 2024 and were signed on its behalf by
MICHAEL CALVERT
Director
Company Registration No. SC763532
M Calvert Engineering Ltd
Notes to the Accounts
for the period from 24 March 2023 to 31 March 2024
M Calvert Engineering Ltd is a private company, limited by shares, registered in Scotland, registration number SC763532.
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 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
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Charge for the period
1,218
5
Creditors: amounts falling due within one year
2024
Taxes and social security
4,462
Loans from directors
1,751
M Calvert Engineering Ltd
Notes to the Accounts
for the period from 24 March 2023 to 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
7
Transactions with related parties
During the year , dividends of £6175 were paid to the director.
8
Average number of employees
During the period the average number of employees was 1.