1 June 2023 false No description of principal activity Taxfiler 2024.7 SC693136business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC6931362023-05-31 SC6931362023-06-012024-05-31 SC693136business:AuditExemptWithAccountantsReport2023-06-012024-05-31 SC693136business:FilletedAccounts2023-06-012024-05-31 SC6931362024-05-31 SC693136business:Director12023-06-012024-05-31 SC693136business:Director22023-06-012024-05-31 SC693136business:RegisteredOffice2023-06-012024-05-31 SC6931362023-05-31 SC693136core:WithinOneYear2024-05-31 SC693136core:WithinOneYear2023-05-31 SC693136core:AfterOneYear2024-05-31 SC693136core:AfterOneYear2023-05-31 SC693136core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC693136core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC693136core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC693136core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC693136core:PreviouslyStatedAmount2024-05-31 SC693136core:PreviouslyStatedAmount2023-05-31 SC693136business:SmallEntities2023-06-012024-05-31 SC693136countries:Scotland2023-06-012024-05-31 SC693136core:PlantMachinery2023-06-012024-05-31 SC693136core:PlantMachinery2023-05-31 SC693136core:MotorVehicles2023-05-31 SC693136core:MotorVehicles2023-06-012024-05-31 SC693136core:PlantMachinery2024-05-31 SC693136core:MotorVehicles2024-05-31 SC6931362022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC693136 (Scotland)
MCEdge Ltd Filleted accounts for the year ended 31 May 2024
MCEdge Ltd Filleted accounts Contents
Page
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MCEdge Ltd Company Information for the year ended 31 May 2024
Directors
Alan Finlay Alan Murphy
Company Number
SC693136 (Scotland)
Registered Office
1 Cromwell Road Inverness IV1 1SX
Accountants
Cameron Consulting (Scotland) Ltd 7 Poles Road Dornoch IV25 3HP
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MCEdge Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,377 
832 
Current assets
Inventories
37,350 
- 
Debtors
172,303 
123,819 
Cash at bank and in hand
22,632 
10,645 
232,285 
134,464 
Creditors: amounts falling due within one year
(224,305)
(130,240)
Net current assets
7,980 
4,224 
Total assets less current liabilities
31,357 
5,056 
Creditors: amounts falling due after more than one year
(5,540)
- 
Net assets
25,817 
5,056 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
25,617 
4,856 
Shareholders' funds
25,817 
5,056 
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 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 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 of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by
Alan Murphy Director Company Registration No. SC693136
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MCEdge Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MCEdge Ltd is a private company, limited by shares, registered in Scotland, registration number SC693136. The registered office is 1 Cromwell Road, Inverness, IV1 1SX.
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.
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:
Plant & machinery
over 3-5 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
1,996 
- 
1,996 
Additions
699 
30,325 
31,024 
At 31 May 2024
2,695 
30,325 
33,020 
Depreciation
At 1 June 2023
1,164 
- 
1,164 
Charge for the year
898 
7,581 
8,479 
At 31 May 2024
2,062 
7,581 
9,643 
Net book value
At 31 May 2024
633 
22,744 
23,377 
At 31 May 2023
832 
- 
832 
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MCEdge Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
170,303 
114,359 
Amounts due from group undertakings etc.
- 
9,460 
Other debtors
2,000 
- 
172,303 
123,819 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
104,719 
39,395 
Obligations under finance leases and hire purchase contracts
6,208 
- 
Trade creditors
46,060 
44,683 
Amounts owed to group undertakings and other participating interests
8,500 
6,213 
Taxes and social security
54,709 
37,448 
Other creditors
1,859 
651 
Accruals
2,250 
1,850 
224,305 
130,240 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
5,540 
- 
8
Average number of employees
During the year the average number of employees was 13 (2023: 5).
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