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REGISTERED NUMBER: 11509594 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

MEC Communication Ltd

MEC Communication Ltd (Registered number: 11509594)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 10

MEC Communication Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: S R Carpenter





REGISTERED OFFICE: 8 Harden Beck
Harden
Bingley
West Yorkshire
BD16 1JQ





REGISTERED NUMBER: 11509594 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

MEC Communication Ltd (Registered number: 11509594)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Intangible assets 5 10,755 21,510
Tangible assets 6 27,808 35,852
38,563 57,362

CURRENT ASSETS
Debtors 7 363,347 209,368
Cash at bank 406,492 471,872
769,839 681,240
CREDITORS
Amounts falling due within one year 8 (365,260 ) (249,862 )
NET CURRENT ASSETS 404,579 431,378
TOTAL ASSETS LESS CURRENT
LIABILITIES

443,142

488,740

CREDITORS
Amounts falling due after more than one
year

9

(223,658

)

(307,341

)

PROVISIONS FOR LIABILITIES 10 - (1,290 )
NET ASSETS 219,484 180,109

CAPITAL AND RESERVES
Called up share capital 11 1 1
Retained earnings 219,483 180,108
SHAREHOLDERS' FUNDS 219,484 180,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

MEC Communication Ltd (Registered number: 11509594)

Statement of Financial Position - continued
31 August 2024



The financial statements were approved by the director and authorised for issue on 29 May 2025 and were signed by:





S R Carpenter - Director


MEC Communication Ltd (Registered number: 11509594)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

MEC Communication Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

MEC Communication Ltd (Registered number: 11509594)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss and any subsequent reversal is recognised in the profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled. or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

MEC Communication Ltd (Registered number: 11509594)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2023 - 34 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 43,020
AMORTISATION
At 1 September 2023 21,510
Charge for year 10,755
At 31 August 2024 32,265
NET BOOK VALUE
At 31 August 2024 10,755
At 31 August 2023 21,510

MEC Communication Ltd (Registered number: 11509594)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 9,033 1,283 35,200 22,907 68,423
Additions 900 249 - 5,258 6,407
At 31 August 2024 9,933 1,532 35,200 28,165 74,830
DEPRECIATION
At 1 September 2023 3,338 478 14,460 14,295 32,571
Charge for year 1,319 263 5,233 7,636 14,451
At 31 August 2024 4,657 741 19,693 21,931 47,022
NET BOOK VALUE
At 31 August 2024 5,276 791 15,507 6,234 27,808
At 31 August 2023 5,695 805 20,740 8,612 35,852

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023 13,200
Transfer to ownership (13,200 )
At 31 August 2024 -
DEPRECIATION
At 1 September 2023 8,960
Charge for year 1,108
Transfer to ownership (10,068 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 4,240

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 277,588 187,431
Other debtors 11,500 -
Directors' current accounts 19,670 -
Prepayments 54,589 21,937
363,347 209,368

MEC Communication Ltd (Registered number: 11509594)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,634 10,243
Other loans - less than 1 yr 73,700 65,861
Hire purchase contracts - 7,028
Tax 59,296 24,568
Social security and other taxes 72,167 34,156
VAT 147,363 101,605
Directors' current accounts - 4,826
Accrued expenses 2,100 1,575
365,260 249,862

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-5 years 8,656 18,640
Other loans - 1-5 years 215,002 239,268
Other loans 5+ years - 49,433
223,658 307,341

10. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax - 1,290

Deferred
tax
£   
Balance at 1 September 2023 1,290
Provided during year (1,290 )
Balance at 31 August 2024 -

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1 Ordinary £1 1 1

MEC Communication Ltd (Registered number: 11509594)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
S R Carpenter
Balance outstanding at start of year (4,826 ) 51,532
Amounts advanced 152,426 116,080
Amounts repaid (127,929 ) (172,438 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,671 (4,826 )

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
MEC Communication Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MEC Communication Ltd for the year ended 31 August 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of MEC Communication Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MEC Communication Ltd and state those matters that we have agreed to state to the director of MEC Communication Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MEC Communication Ltd and its director for our work or for this report.

It is your duty to ensure that MEC Communication Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MEC Communication Ltd. You consider that MEC Communication Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MEC Communication Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


29 May 2025