Registered number
14120282
MCFT APAC Limited
Filleted Accounts
31 May 2024
MCFT APAC Limited
Registered number: 14120282
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 200 200
Current assets
Cash at bank and in hand 100 100
Creditors: amounts falling due within one year 4 (200) (200)
Net current liabilities (100) (100)
Net assets 100 100
Capital and reserves
Called up share capital 100 100
Shareholders' funds 100 100
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.
….........................
C B Craggs
Director
Approved by the board on 30 April 2025
MCFT APAC Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
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).
Turnover
The company was dormant throughout the current and previous periods and acted only only as a holding company for the two dormant subsidiary companies.
Investments
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 June 2023 200
At 31 May 2024 200
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.
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 200 200
5 Controlling party
The company is under the control of the director C B Craggs.
6 Other information
MCFT APAC Limited is a private company limited by shares and incorporated in England. Its registered office is:
3 Bartletts Cottages
Bottle Lane
Littlewick Green
Berkshire
SL6 3RZ
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