Company registration number: 11022062
Unaudited financial statements
for the year ended 31 October 2024
for
Mce Services Ltd.
Pages for filing with the Registrar
Company registration number: 11022062
Mce Services Ltd.
Balance sheet
as at 31 October 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 13,276 16,668
13,276 16,668
Current assets
Debtors 207,798 145,158
Cash at bank and in hand 68,732 83,350
276,530 228,508
Creditors: amounts falling due within
one year
(34,329) (31,048)
Net current assets 242,201 197,460
Total assets less current liabilities 255,477 214,128
NET ASSETS 255,477 214,128
Capital and reserves
Called up share capital 100 100
Profit and loss account 255,377 214,028
TOTAL EQUITY 255,477 214,128
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11022062
Mce Services Ltd.
Balance sheet - continued
as at 31 October 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr J Maxwell, Director
19 January 2025
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Mce Services Ltd.
Notes to the financial statements
for the year ended 31 October 2024
1 Company information
Mce Services Ltd. is a private company registered in England and Wales. Its registered number is 11022062. The company is limited by shares. Its registered office is 32 Moor Lane, Rickmansworth, Hertfordshire, WD3 1LG.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Motor vehicles - 20% reducing balance
Computer equipment - 20% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Mce Services Ltd.
Notes to the financial statements - continued
for the year ended 31 October 2024
3 Average number of employees
During the year the average number of employees was 1 (2023 - 1).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 November 2023 30,543
Additions 1,388
At 31 October 2024 31,931
Depreciation
At 1 November 2023 13,875
Charge for year 4,780
At 31 October 2024 18,655
Net book value
At 31 October 2024 13,276
At 31 October 2023 16,668
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023.
2024 2023
£ £
Mr John Maxwell
Balance outstanding at start of year 122,747 106,642
Amounts advanced 108,335 68,487
Amounts repaid (50,582) (52,382)
Balance outstanding at end of year 180,500 122,747
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