Company Registration No. 10932056 (England and Wales)
MCN (Distribution) Ltd
Unaudited accounts
for the year ended 31 August 2025
MCN (Distribution) Ltd
Unaudited accounts
Contents
MCN (Distribution) Ltd
Company Information
for the year ended 31 August 2025
Director
Michael Jeffrey Sadd
Company Number
10932056 (England and Wales)
Registered Office
6 Second Avenue
Wisbech
Cambridgeshire
PE13 2BX
England
Accountants
Novak Accountants & Tax Advisors Ltd
The White House
42 Elm High Road
Emneth
Wisbech
Norfolk
PE14 0DQ
MCN (Distribution) Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
47,718
71,710
Creditors: amounts falling due within one year
(98,643)
(102,929)
Net current (liabilities)/assets
(9,168)
11,529
Net (liabilities)/assets
(9,167)
11,530
Called up share capital
6
6
Profit and loss account
(9,173)
11,524
Shareholders' funds
(9,167)
11,530
For the year ending 31 August 2025 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 6 October 2025 and were signed on its behalf by
Michael Jeffrey Sadd
Director
Company Registration No. 10932056
MCN (Distribution) Ltd
Notes to the Accounts
for the year ended 31 August 2025
MCN (Distribution) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10932056. The registered office is 6 Second Avenue, Wisbech, Cambridgeshire, PE13 2BX, England.
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.
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:
Motor vehicles
25% straight Line
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.
4
Tangible fixed assets
Motor vehicles
At 1 September 2024
42,072
At 1 September 2024
42,071
Amounts falling due within one year
Trade debtors
41,757
42,748
MCN (Distribution) Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
29,375
29,189
Taxes and social security
4,185
10,889
Other creditors
4,921
4,259
Loans from directors
55,756
54,225
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).