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REGISTERED NUMBER: SC258094 (Scotland)















Financial Statements

for the Year Ended 31 October 2024

for

M C F Electrical Ltd

M C F Electrical Ltd (Registered number: SC258094)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M C F Electrical Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: M Fraser





REGISTERED OFFICE: Unit 3, Morris Park
37 Rosyth Road
Glasgow
G5 0YE





REGISTERED NUMBER: SC258094 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

M C F Electrical Ltd (Registered number: SC258094)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 115 146

CURRENT ASSETS
Debtors 5 18,851 12,278
Cash at bank and in hand 75 80
18,926 12,358
CREDITORS
Amounts falling due within one year 6 7,155 4,106
NET CURRENT ASSETS 11,771 8,252
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,886

8,398

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 11,884 8,396
SHAREHOLDERS' FUNDS 11,886 8,398

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2025 and were signed by:





M Fraser - Director


M C F Electrical Ltd (Registered number: SC258094)

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

1. STATUTORY INFORMATION

M C F Electrical Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 4,085 110 687 4,882
DEPRECIATION
At 1 November 2023 3,949 105 682 4,736
Charge for year 21 5 5 31
At 31 October 2024 3,970 110 687 4,767
NET BOOK VALUE
At 31 October 2024 115 - - 115
At 31 October 2023 136 5 5 146

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 731 774
Cis tax debtor 18,120 11,504
18,851 12,278

M C F Electrical Ltd (Registered number: SC258094)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Tax 6,209 3,315
Social security and other taxes 56 73
Accrued expenses 890 718
7,155 4,106

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
2 Ordinary £1 2 2