Company Registration No. 4632396 (England and Wales)
MCT (DEVON) LTD
Unaudited accounts
for the year ended 28 September 2024
MCT (DEVON) LTD
Unaudited accounts
Contents
MCT (DEVON) LTD
Company Information
for the year ended 28 September 2024
Director
Martin Colin Tickner
Company Number
4632396 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
MCT (DEVON) LTD
Statement of financial position
as at 28 September 2024
Tangible assets
2,185
2,731
Cash at bank and in hand
95,113
67,795
Creditors: amounts falling due within one year
(12,287)
(32,422)
Net current assets
125,585
96,535
Called up share capital
100
100
Profit and loss account
127,670
99,166
Shareholders' funds
127,770
99,266
For the year ending 28 September 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 director acknowledges his 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 and authorised for issue on 27 June 2025 and were signed on its behalf by
Martin Colin Tickner
Director
Company Registration No. 4632396
MCT (DEVON) LTD
Notes to the Accounts
for the year ended 28 September 2024
MCT (DEVON) LTD is a private company, limited by shares, registered in England and Wales, registration number 4632396. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
20% reducing balance
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Intangible fixed assets
Goodwill
At 29 September 2023
20,000
At 28 September 2024
20,000
At 29 September 2023
20,000
At 28 September 2024
20,000
MCT (DEVON) LTD
Notes to the Accounts
for the year ended 28 September 2024
5
Tangible fixed assets
Plant & machinery
At 29 September 2023
6,318
At 28 September 2024
6,318
At 29 September 2023
3,587
At 28 September 2024
4,133
At 28 September 2024
2,185
At 28 September 2023
2,731
Amounts falling due within one year
Other debtors
38,912
59,465
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
10,500
Trade creditors
2,096
13,728
Taxes and social security
8,291
6,294
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Short term loan
12,059
36,144
12,059
36,144
12,059
36,144
12,059
36,144
The director's loan was repaid within 9 months of the year end.
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).