MCFT APAC Limited |
Registered number: |
14120282 |
Balance Sheet |
as at 31 May 2024 |
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Notes |
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2024 |
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2023 |
£ |
£ |
Fixed assets |
Investments |
3 |
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200 |
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200 |
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Current assets |
Cash at bank and in hand |
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100 |
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100 |
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Creditors: amounts falling due within one year |
4 |
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(200) |
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(200) |
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Net current liabilities |
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(100) |
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(100) |
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Net assets |
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100 |
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100 |
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Capital and reserves |
Called up share capital |
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100 |
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100 |
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Shareholders' funds |
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100 |
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100 |
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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…......................... |
C B Craggs |
Director |
Approved by the board on 30 April 2025 |
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MCFT APAC Limited |
Notes to the Accounts |
for the year ended 31 May 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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The company was dormant throughout the current and previous periods and acted only only as a holding company for the two dormant subsidiary companies. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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3 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
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Cost |
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At 1 June 2023 |
200 |
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At 31 May 2024 |
200 |
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The investments in subsidiary undertakings represent 100% holdings in the non trading subsidiaries MCFT Philippines 1 Limited and MCFT Philippines 2 Limited. MCFT Philippines 1 Limited and MCFT Philippines 2 Limited respectively own 99% and 0.98% of MCFT Philippines Trading Inc , a trading subsidiary in The Philippines which operates in the field of the maintenance of commercial refrigeration and catering equipment. |
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4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Other creditors |
200 |
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200 |
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5 |
Controlling party |
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The company is under the control of the director C B Craggs. |
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6 |
Other information |
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MCFT APAC Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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3 Bartletts Cottages |
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Bottle Lane |
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Littlewick Green |
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Berkshire |
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SL6 3RZ |