MCI Electrical Installations Ltd

Registered number

06216535

Filleted Accounts

28 February 2025

MCI Electrical Installations Ltd
Registered number:		06216535
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		119,410			117,422

Current assets
Stocks		27,000			25,000
Debtors	4	239,198			210,918
Cash at bank and in hand		245,237			180,917
		511,435			416,835

Creditors: amounts falling due within one year	5	(270,327)			(209,395)

Net current assets			241,108			207,440

Total assets less current liabilities			360,518			324,862

Creditors: amounts falling due after more than one year	6		(71,538)			(55,678)



Net assets			288,980			269,184

Capital and reserves
Called up share capital			100			100
Profit and loss account			288,880			269,084

Shareholders' funds			288,980			269,184

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Cefai
Director
Approved by the board on 3 October 2025

MCI Electrical Installations Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			20		18


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2024	19,419		239,622		259,041
	Additions	23,899		12,995		36,894
	Disposals	(9,558)		-		(9,558)
	At 28 February 2025	33,760		252,617		286,377

	Depreciation
	At 1 March 2024	12,480		129,139		141,619
	Charge for the year	5,918		27,963		33,881
	On disposals	(8,533)		-		(8,533)
	At 28 February 2025	9,865		157,102		166,967

	Net book value
	At 28 February 2025	23,895		95,515		119,410
	At 29 February 2024	6,939		110,483		117,422


4	Debtors			2025		2024
£					£

	Trade debtors			182,198		153,918
	Other debtors			57,000		57,000
				239,198		210,918


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			19,066		28,271
	Trade creditors			190,412		59,412
	Taxation and social security costs			26,565		35,404
	Other creditors			34,284		86,308
				270,327		209,395


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			21,250		-
	Obligations under finance lease and hire purchase contracts			50,288		55,678
				71,538		55,678


7	Other information

	MCI Electrical Installations Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Temperance House
	Langdon Lane
	Radway
	Warwickshire
	CV35 0UQ