MCAUTOSALES LTD

Company Registration Number:
NI622481 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MCAUTOSALES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

MCAUTOSALES LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 20,224 26,965
Total fixed assets: 20,224 26,965
Current assets
Stocks: 1,691,874 2,260,089
Debtors: 4 132,018 132,018
Cash at bank and in hand: 102,653 50,066
Total current assets: 1,926,545 2,442,173
Creditors: amounts falling due within one year: 5 (591,376) (1,253,647)
Net current assets (liabilities): 1,335,169 1,188,526
Total assets less current liabilities: 1,355,393 1,215,491
Creditors: amounts falling due after more than one year: 6 (14,460) (23,460)
Total net assets (liabilities): 1,340,933 1,192,031
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,340,833 1,191,931
Shareholders funds: 1,340,933 1,192,031

The notes form part of these financial statements

MCAUTOSALES LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 January 2025
and signed on behalf of the board by:

Name: Mr M Currie
Status: Director

The notes form part of these financial statements

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 81,151
At 31 March 2024 81,151
Depreciation
At 01 April 2023 54,186
Charge for year 6,741
At 31 March 2024 60,927
Net book value
At 31 March 2024 20,224
At 31 March 2023 26,965

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts 25,108 Trade creditors 85,959 Corporation tax 81,037 Other taxation and social security 12,302 Other creditors 386,970

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Other creditors 14,460

MCAUTOSALES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Related party transactions

Name of the related party:
Relationship:
Entities with control, joint control or significant influence over the company
Description of the Transaction: Loan
£
Balance at 01 April 2023 132,018
Balance at 31 March 2024 132,018