Company Registration No. 11616858 (England and Wales)
MCS FLOORING LIMITED
Unaudited accounts
for the year ended 31 October 2024
MCS FLOORING LIMITED
Unaudited accounts
Contents
MCS FLOORING LIMITED
Company Information
for the year ended 31 October 2024
Company Number
11616858 (England and Wales)
Registered Office
411-413, OXFORD STREET OFFICE 1.01
LONDON
W1C 2PE
UNITED KINGDOM
Accountants
Q Accountants Ltd
411 Oxford Street
Office 1.01
London
W1C 2PE
MCS FLOORING LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
18,566
27,808
Cash at bank and in hand
695
1,380
Creditors: amounts falling due within one year
(77,397)
(58,101)
Net current (liabilities)/assets
(10,125)
3,949
Total assets less current liabilities
8,441
31,757
Creditors: amounts falling due after more than one year
(21,606)
(30,713)
Net (liabilities)/assets
(13,165)
1,044
Called up share capital
100
100
Profit and loss account
(13,265)
944
Shareholders' funds
(13,165)
1,044
For the year ending 31 October 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 her 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 28 July 2025 and were signed on its behalf by
Sin Hang Chan
Director
Company Registration No. 11616858
MCS FLOORING LIMITED
Notes to the Accounts
for the year ended 31 October 2024
MCS FLOORING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11616858. The registered office is 411-413, OXFORD STREET OFFICE 1.01, LONDON, W1C 2PE, UNITED KINGDOM.
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.
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:
Fixtures & fittings
20% SLM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
49,592
21,750
71,342
At 31 October 2024
49,592
21,750
71,342
At 1 November 2023
36,972
6,562
43,534
Charge for the year
7,223
2,019
9,242
At 31 October 2024
44,195
8,581
52,776
At 31 October 2024
5,397
13,169
18,566
At 31 October 2023
12,620
15,188
27,808
Amounts falling due within one year
Trade debtors
9,356
18,208
Other debtors
49,593
39,262
MCS FLOORING LIMITED
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,633
5,065
Taxes and social security
1,897
912
Other creditors
11,250
10,377
Loans from directors
57,617
39,145
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,836
2,836
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).