1 April 2023 false No description of principal activity Taxfiler 2024.6 08371256business:PrivateLimitedCompanyLtd2023-04-012024-03-31 083712562023-03-31 083712562023-04-012024-03-31 08371256business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 08371256business:FilletedAccounts2023-04-012024-03-31 083712562024-03-31 08371256business:Director12023-04-012024-03-31 08371256business:Director22023-04-012024-03-31 08371256business:Director32023-04-012024-03-31 08371256business:CompanySecretary12023-04-012024-03-31 08371256business:RegisteredOffice2023-04-012024-03-31 083712562023-03-31 08371256core:WithinOneYear2024-03-31 08371256core:WithinOneYear2023-03-31 08371256core:AfterOneYear2024-03-31 08371256core:AfterOneYear2023-03-31 08371256core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08371256core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08371256core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08371256core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08371256core:PreviouslyStatedAmount2024-03-31 08371256core:PreviouslyStatedAmount2023-03-31 08371256business:SmallEntities2023-04-012024-03-31 08371256countries:EnglandWales2023-04-012024-03-31 08371256core:PlantMachinery2023-04-012024-03-31 08371256core:MotorVehicles2023-04-012024-03-31 08371256core:FurnitureFittings2023-04-012024-03-31 08371256core:ComputerEquipment2023-04-012024-03-31 08371256core:Goodwill2023-03-31 08371256core:Goodwill2024-03-31 08371256core:PlantMachinery2023-03-31 08371256core:MotorVehicles2023-03-31 08371256core:FurnitureFittings2023-03-31 08371256core:ComputerEquipment2023-03-31 08371256core:PlantMachinery2024-03-31 08371256core:MotorVehicles2024-03-31 08371256core:FurnitureFittings2024-03-31 08371256core:ComputerEquipment2024-03-31 083712562022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08371256 (England and Wales)
MC Sports (Skipton) Ltd Unaudited accounts for the year ended 31 March 2024
MC Sports (Skipton) Ltd Unaudited accounts Contents
Page
- 2 -
MC Sports (Skipton) Ltd Company Information for the year ended 31 March 2024
Directors
C Hardwick A R Hardwick C Hardwick
Secretary
C Hardwick
Company Number
08371256 (England and Wales)
Registered Office
Sackville House 15 - 17 Sackville Street Skipton North Yorkshire BD23 2PB
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
- 3 -
MC Sports (Skipton) Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
67,250 
67,250 
Tangible assets
22,222 
28,369 
89,472 
95,619 
Current assets
Debtors
23,368 
13,083 
Creditors: amounts falling due within one year
(55,492)
(90,790)
Net current liabilities
(32,124)
(77,707)
Total assets less current liabilities
57,348 
17,912 
Creditors: amounts falling due after more than one year
(10,283)
(11,501)
Net assets
47,065 
6,411 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
47,061 
6,407 
Shareholders' funds
47,065 
6,411 
For the year 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 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 10 March 2025 and were signed on its behalf by
A R Hardwick Director Company Registration No. 08371256
- 4 -
MC Sports (Skipton) Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MC Sports (Skipton) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08371256. The registered office is Sackville House, 15 - 17 Sackville Street, Skipton, North Yorkshire, BD23 2PB.
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
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
67,250 
At 31 March 2024
67,250 
Amortisation
At 1 April 2023
- 
At 31 March 2024
- 
Net book value
At 31 March 2024
67,250 
At 31 March 2023
67,250 
- 5 -
MC Sports (Skipton) Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
37,056 
20,570 
6,681 
8,517 
72,824 
Additions
- 
- 
1,159 
- 
1,159 
At 31 March 2024
37,056 
20,570 
7,840 
8,517 
73,983 
Depreciation
At 1 April 2023
18,106 
13,158 
5,379 
7,812 
44,455 
Charge for the year
4,804 
1,853 
467 
182 
7,306 
At 31 March 2024
22,910 
15,011 
5,846 
7,994 
51,761 
Net book value
At 31 March 2024
14,146 
5,559 
1,994 
523 
22,222 
At 31 March 2023
18,950 
7,412 
1,302 
705 
28,369 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,828 
8,466 
Other debtors
15,540 
4,617 
23,368 
13,083 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
24,640 
30,807 
Taxes and social security
10,510 
5,278 
Other creditors
29,418 
21,510 
Loans from directors
(9,076)
29,325 
Accruals
- 
3,870 
55,492 
90,790 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,283 
9,678 
Obligations under finance leases and hire purchase contracts
- 
1,823 
10,283 
11,501 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -