2 false false true false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10758238 2024-04-01 2025-03-31 10758238 2025-03-31 10758238 2024-03-31 10758238 2023-04-01 2024-03-31 10758238 2024-03-31 10758238 2023-03-31 10758238 core:PlantMachinery 2024-04-01 2025-03-31 10758238 core:MotorVehicles 2024-04-01 2025-03-31 10758238 bus:RegisteredOffice 2024-04-01 2025-03-31 10758238 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 10758238 bus:Director1 2024-04-01 2025-03-31 10758238 bus:Director2 2024-04-01 2025-03-31 10758238 bus:Director3 2024-04-01 2025-03-31 10758238 core:WithinOneYear 2025-03-31 10758238 core:WithinOneYear 2024-03-31 10758238 core:AfterOneYear 2025-03-31 10758238 core:AfterOneYear 2024-03-31 10758238 core:ShareCapital 2025-03-31 10758238 core:ShareCapital 2024-03-31 10758238 core:RetainedEarningsAccumulatedLosses 2025-03-31 10758238 core:RetainedEarningsAccumulatedLosses 2024-03-31 10758238 bus:Director3 2024-03-31 10758238 bus:Director3 2025-03-31 10758238 bus:Director3 2023-03-31 10758238 bus:Director3 2024-03-31 10758238 bus:Director3 2023-04-01 2024-03-31 10758238 bus:SmallEntities 2024-04-01 2025-03-31 10758238 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10758238 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10758238 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10758238 bus:AbridgedAccounts 2024-04-01 2025-03-31 10758238 core:OfficeEquipment 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: 10758238
Mark Cross Installations Limited
Filleted Unaudited Abridged Financial Statements
31 March 2025
Mark Cross Installations Limited
Abridged Financial Statements
Year Ended 31 March 2025
Contents
Pages
Officers and professional advisers
1
Abridged statement of financial position
2 to 3
Notes to the abridged financial statements
4 to 6
Mark Cross Installations Limited
Officers and Professional Advisers
The board of directors
Mr M Cross
Mrs K Cross
Registered office
2b Sharnford Road
Sapcote
Leicester
England
LE9 4JN
Accountants
SR Howell & Co
Chartered Certified Accountants
88 High Street
Ramsey
Huntingdon
Cambs
PE26 1BS
Mark Cross Installations Limited
Abridged Statement of Financial Position
31 March 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
5
2,813
3,194
Current assets
Debtors
18,123
20,246
Cash at bank and in hand
8,916
5,936
--------
--------
27,039
26,182
Creditors: amounts falling due within one year
( 12,698)
( 11,813)
--------
--------
Net current assets
14,341
14,369
--------
--------
Total assets less current liabilities
17,154
17,563
Creditors: amounts falling due after more than one year
( 1,000)
( 5,000)
--------
--------
Net assets
16,154
12,563
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
16,054
12,463
--------
--------
Shareholders funds
16,154
12,563
--------
--------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
Mark Cross Installations Limited
Abridged Statement of Financial Position (continued)
31 March 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 4 August 2025 , and are signed on behalf of the board by:
„„„„„„„„„„„„„
Mr M Cross Director
Company registration number: 10758238
Mark Cross Installations Limited
Notes to the Abridged Financial Statements
Year Ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2b Sharnford Road, Sapcote, Leicester, LE9 4JN, England.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Equipment
-
25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets
£
Cost
At 1 April 2024
16,823
Additions
541
--------
At 31 March 2025
17,364
--------
Depreciation
At 1 April 2024
13,629
Charge for the year
922
--------
At 31 March 2025
14,551
--------
Carrying amount
At 31 March 2025
2,813
--------
At 31 March 2024
3,194
--------
6. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Two directors
( 713)
404
( 309)
----
----
----
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Two directors
( 499)
( 214)
( 713)
----
----
----