Company Registration No. 12591549 (England and Wales)
MIC Structural Solution Ltd
Unaudited accounts
for the year ended 31 May 2024
MIC Structural Solution Ltd
Unaudited accounts
Contents
MIC Structural Solution Ltd
Company Information
for the year ended 31 May 2024
Company Number
12591549 (England and Wales)
Registered Office
69 Williton Road
Luton
Bedfordshire
LU2 9EH
UK
MIC Structural Solution Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
12,991
20,485
Cash at bank and in hand
49,513
12,346
Creditors: amounts falling due within one year
(35,737)
(15,908)
Net current assets
32,555
12,415
Called up share capital
1
1
Profit and loss account
45,545
32,899
Shareholders' funds
45,546
32,900
For the year ending 31 May 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 8 January 2025 and were signed on its behalf by
Igor Moldovanu
Director
Company Registration No. 12591549
MIC Structural Solution Ltd
Notes to the Accounts
for the year ended 31 May 2024
MIC Structural Solution Ltd is a private company, limited by shares, registered in England and Wales, registration number 12591549. The registered office is 69 Williton Road, Luton, Bedfordshire, LU2 9EH, UK.
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:
Motor vehicles
Straight line 25%
Computer equipment
Straight line 25%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
23,800
3,514
27,314
Disposals
-
(1,332)
(1,332)
At 31 May 2024
23,800
2,182
25,982
At 1 June 2023
5,950
879
6,829
Charge for the year
5,950
212
6,162
At 31 May 2024
11,900
1,091
12,991
At 31 May 2024
11,900
1,091
12,991
At 31 May 2023
17,850
2,635
20,485
MIC Structural Solution Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,693
6,051
Loans from directors
26,044
9,857
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).